No image available
/ 17 September 2008
Hackers armed with laptop computers, camping tents and dreams of software glory invaded Yahoo! on the weekend.
The internet company Yahoo! has postponed its annual meeting as it grapples with the prospect of a shareholder rebellion in which as many as 30 candidates may try their luck in getting elected to its board of directors. A potentially rowdy gathering in California was due to be held on July 3 but Yahoo! has put it off to an unspecified date ”expected to be around the end of July 2008”.
Microsoft walked away from its bid to buy Yahoo! on Saturday after the internet company turned down its offer to raise the price by -billion to ,5-billion. Microsoft’s offer was for a share but Yahoo! would not lower its demand below , Microsoft chief executive Steve Ballmer said.
No image available
/ 2 February 2008
With a market value of -billion, Google’s power has become awe-inspiring. Its profits rocketed by 40% to ,2-billion last year and it swallowed the popular video-sharing website YouTube. Through Microsoft’s ,6-billion takeover bid for Yahoo!, the technology establishment hit back at Google’s seemingly unstoppable rise.