Top Items:
Microsoft:
Microsoft Withdraws Proposal to Acquire Yahoo! — Microsoft Corp. today announced that it has withdrawn its proposal to acquire Yahoo! Inc. — Microsoft Corp. (NASDAQ: MSFT) today announced that it has withdrawn its proposal to acquire Yahoo! Inc. (NASDAQ: YHOO).
RELATED:
Yahoo!:
Yahoo! Issues Statement in Response to Microsoft — SUNNYVALE, Calif., May 03, 2008 (BUSINESS WIRE) — Roy Bostock, Chairman of Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company issued the following statement today in response to Microsoft Corporation's announcement that it has withdrawn its proposal to acquire Yahoo!:
Michael Arrington / TechCrunch:
Breaking: Microsoft Withdraws Yahoo Bid; Walks Away From Deal (Updated) — Microsoft will announce shortly that they have withdrawn their offer to acquire Yahoo. Talks between the two companies and their advisors broke down earlier today, according to a source close to Microsoft …
Ina Fried / Beyond Binary:
Microsoft pulls its Yahoo offer — Update 5 p.m. PDT: Microsoft has made its move official. Click here for the story and here for the text of a letter Ballmer sent to Yang. — Microsoft is withdrawing its offer for Yahoo after talks between the two companies broke down on Saturday, a source told CNET News.com.
Discussion:
Techlog, Business Week, Search Engine Land, Los Angeles Times, Microsoft Watch, Forbes, CNET News.com, Search Engine Watch Blog, paidContent.org, MacRumors, Scobleizer, HipMojo.com, InformationWeek, John Battelle's Searchblog, WebGuild, Smalltalk Tidbits …, Engadget, DSLreports and BloggingStocks
New York Times:
Microsoft Withdraws Its Bid for Yahoo — Microsoft said Saturday that it was abandoning its blockbuster bid to acquire Yahoo after it raised its offer by $5 billion but Yahoo rejected it as still too low. — The about-face followed a meeting on Saturday morning in Seattle between Microsoft's …
Kara Swisher / BoomTown:
BREAKING: MICROSOFT WALKS — After a months-long standoff, Microsoft (MSFT) has abandoned its bid for Yahoo (YHOO), people involved in the discussions said today. — Microsoft confirmed to BoomTown that talks between the two companies, which have been taking place all week, collapsed Saturday when they could not agree on a price.
Kara Swisher / BoomTown:
Yahoo's Nightmare Scenario: I'm From Google and I'm Here to Help! — Here's what a top-notch source at Yahoo joked to me tonight, after Microsoft walked away from its unsolicited takeover bid to acquire the long-troubled Internet giant. — “Google is now officially our best friend.” — Oh no.
Paul Kedrosky's Infectious Greed:
Analysis of the Microsoft Decision, Plus Yahoo's Hari-Kari — Here is my first-cut analysis of what has happened here: — On the friendly front, Yahoo drew a hard line at $37 per share, well above the $33 that Microsoft now says it told Yahoo this week it was willing to go
Om Malik / GigaOM:
Microsoft To Yahoo: Take a Hike! — A few days ago I had pointed out that Microsoft's bid for Yahoo was a checkmate kind of a move: Yahoo couldn't win from this attack. Today, by pulling its bid for the Sunnyvale, Calif.-based search company, Microsoft proved that again …
Kara Swisher / BoomTown:
MicroHoo: The Odd Couple Meetings Led Nowhere — After today's events, I guess you could say Yahoo and Microsoft tried, holding a series of meetings about a possible takeover that ended up proving exactly how incompatible the companies were. — Kind of like Oscar Madison and Felix Unger, but not funny in any way at all.
Michael Arrington / TechCrunch:
Email From Steve Ballmer To All Microsoft Employees — The following email was sent to all Microsoft employees from CEO Steve Ballmer at 5:17 pm PDT (see Breaking: Microsoft Withdraws Yahoo Bid; Walks Away From Deal): — To: “Microsoft - All Employees (QBDG)”
John Paczkowski / Digital Daily:Ballmer to Yang: Dear Jerry, Drop Dead
Discussion:
Terry Heaton's PoMo Blog
Steven Musil / CNET News.com:
Cubans line up to buy their first legal PCs — Perhaps the days of looking at Cuba as the island that technology forgot are beginning to wane. — Late last month, President Raul Castro's government lifted the ban on ordinary citizens from owning a cell phone and getting cell service …
RELATED:
Will Weissert / Associated Press:Cuba puts first computers on sale to the public
Discussion:
CrunchGear
