Clock ticking on Microsoft deadline for Yahoo takeover
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SEATTLE — A Microsoft spokeswoman says the company has no immediate comment to Yahoo’s latest response to its takeover offer.The spokeswoman, Joele (JO’-el) Frank, says CEO Steve Ballmer’s letter to the Yahoo board Saturday was explicit.He gave Yahoo a deadline of April 26 to accept the [...]
UPDATE 3Salesforce.com raises outlook shares up
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(Adds comments from analyst, Salesforce CEO)
By Jim Finkle
BOSTON, Feb 27 (Reuters) - Salesforce.com Inc (CRM.N: Quote, Profile, Research)
provided a full-year revenue forecast on Wednesday that was
slightly above Wall Street estimates even in the face of a
weakening U.S. economy.
Shares of the company, a pioneer in the Web-based software
market, [...]
TV networks seek formula for online ads
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LOS ANGELES — CBS Corp. executives took an unusual risk last fall before its series debut of “Big Bang Theory” - it offered the entire episode online despite the chance it would sap viewership for the TV premiere.The show, about two geeky physicists and their beautiful [...]
Yahoo not opposed to deal with Microsoft
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SEATTLE — Internet icon Yahoo Inc., under pressure of a three-week deadline from Microsoft to accept its $41 billion buyout bid, said Monday it doesn’t oppose a deal with the world’s largest software maker but wants a better offer.The statement comes after Microsoft warned Saturday that [...]
Microsoft gives Yahoo deadline on offer
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SEATTLE — Microsoft Corp. sent a letter to the Yahoo Board of Directors Saturday setting a three-week deadline for moving forward on its more than $40 billion buyout offer.The letter signed by Microsoft CEO Steve Ballmer said Microsoft will take its case directly to Yahoo shareholders [...]
Microsoft gives Yahoo deadline on offer
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SEATTLE — Microsoft Corp. sent a letter to the Yahoo Board of Directors Saturday setting a three-week deadline for moving forward on its more than $40 billion buyout offer.The letter signed by Microsoft CEO Steve Ballmer said Microsoft will take its case directly to Yahoo shareholders [...]
Hyperion publisher goes to HarperCollins
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NEW YORK — In an ever-uncertain market for publishers, HarperCollins is looking to resolve two of the industry’s major concerns: High author advances and the high rate of returned books.The longtime and energetic founder-president of Hyperion, Robert S. Miller, has left to join HarperCollins, where he [...]
Dell CEO says to expect more job cuts
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ROUND ROCK, Texas — Dell Inc. is committed to reducing costs and will cut more jobs than the 8,800 previously announced as it tries to make itself more competitive, Michael Dell, founder and CEO of the world’s second largest computer maker, said Thursday.At the first full [...]
Yahoo not opposed to deal with Microsoft
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SEATTLE — Internet icon Yahoo Inc., under pressure of a three-week deadline from Microsoft to accept its $41 billion buyout bid, said Monday it doesn’t oppose a deal with the world’s largest software maker but wants a better offer.The statement comes after Microsoft warned Saturday that [...]
Microsoft gives Yahoo deadline on offer
Posted by admin
SEATTLE — Microsoft Corp. sent a letter to the Yahoo Board of Directors Saturday setting a three-week deadline for moving forward on its more than $40 billion buyout offer.The letter signed by Microsoft CEO Steve Ballmer said Microsoft will take its case directly to Yahoo shareholders [...]