Wall Street expects Microsoft to enter a protracted period of ”trench warfare” in its attempt to buy Yahoo! after the failure of its three-month-long attempt to bring the online company’s board to the negotiating table. It is expected to launch a proxy battle and try to oust the Yahoo! executive team while encouraging investors to accept its original -a-share offer.
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/ 14 February 2008
Rupert Murdoch’s News Corporation (News Corp) is negotiating to rescue embattled internet company Yahoo! through an alliance that could set up a heavyweight business showdown between the Australian-born media mogul and Microsoft’s Bill Gates. News Corp has begun tentative talks about merging its online division with Yahoo!.
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/ 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.
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/ 14 January 2008
Advances in digital technology are set to transform the automotive world, making cars safer, more efficient and more fun to drive, says General Motors chairperson Rick Wagoner. His speech at last week’s Consumer Electronics World, the world’s largest technology fair, signified how fast cars are integrating electronic gadgets.
Microsoft chairperson Bill Gates took centre stage at the world’s largest technology show for the last time on Sunday and predicted that his industry was on the cusp of the next "digital decade". Gates said computing will become a pervasive part of everyday life through devices like televisions and cellphones.
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/ 30 November 2007
Suited executives, grungy teens and even some savvy grannies are already using Wi-Fi to link their laptops wirelessly to the internet. It may not be long before the short-range high-speed technology is just as popular for those looking to connect music players, phones, cameras, game consoles and more.
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/ 2 September 2007
Apple is expected to unveil revamped iPods at a special event on Wednesday in San Francisco. The internet is buzzing with speculation sparked by enigmatic Apple event invitations bearing an image of a silhouetted iPod-wearing figure dancing above the words ”The beat goes on”.