Microsoft adds insult to injury by telling Yahoo it won't deal at all with the current board -- but that anything is possible if the Carl Icahn slate is installed at the Aug. 1 shareholder meeting.
The on-again, off-again Microsoft/Yahoo takeover talks are on again, Techcrunch reports, citing several anonymous sources. Word that the seemingly estranged parties might yet meet at the altar sent Yahoo shares soaring more than 7 percent.
The long-awaited blog by 'corporate activist' Carl Icahn went live this week, but it's sadly lacking in specifics. The blog doesn't even mention his latest target, Yahoo.
Professional networking site LinkedIn gets $53 million in new funding for an implied valuation of $1 billion. Profitable since 2006, LinkedIn says the money will be used to help "execute on our vision."
Just one day after Yahoo's announcement of its plan to outsource some of its ad business to Google, marketers say they plan to cut their spending on Yahoo and take their business elsewhere.
It may not exactly be a sign of the Apocalypse, but the Encyclopaedia Britannica is dipping its toes in wiki waters with a plan to invite the general public to contribute to its online version. Not just anything will get into the main version, mind you, and comparisons to Wikipedia may be exaggerated, but the invitation to "lay contributers" is a first.
AT&T's chief technical officer John Donovan talked with Wired.com about the company's network growth, its position on BitTorrent and a planned test of usage-based pricing.
The Federal Trade Commission, under new leadership, reverses course and begins a formal investigation of Intel and alleged anti-competitive practices. Intel says it's been cooperating with the FTC for years and that its business practices "are well within U.S. law."
Four Palo Alto teens found themselves chased down a street and detained by Apple store security for 2.5 hours after they downloaded a third-party game onto a store phone.
The FCC is considering auctioning off a slice of spectrum with a free provision -- meaning millions of Americans could eventually enjoy free, broadband web access.
How hip (or young) do you have to be not to know what a Princess Phone is? It doesn't matter, if you're Mark Zuckerberg and Sheryl Sandberg, the top faces at Facebook. When Barry Diller calls you the "Princess Phone of our generation" you go out and buy one and present it to Kara Swisher as she's about to interview you at D6.
Arianna Huffington is blogging from the lobby. Jeff Bezos is wandering around looking crumpled. Security is thick at the All Things Digital conference, and business is never far from the surface -- even if Jeff Bewkes won't talk about his plans for an AOL property because Rupert Murdoch is in the front row.
The story had legs -- hooker's legs -- plus teens, stolen credit cards, and Halo. It got Dugg, play on Fox News and was widely blogged. It was also made up -- and the original "story" has a disclaimer to that effect (of course, you'd have to read it, and to the bottom). So internet marketer Lyndon Antcliff, who whipped this all up, is having the last laugh.
Figuring out what Apple might be up to in 18 days is child's play. What about Apple 2013? Forrester Research takes a stab at this favorite Valley parlor game and sees Apple in every room -- and hallway, for that matter.
Marc Andreessen has made two mid-year resolutions: “No more public speaking” and “More blogging.” They both seem related to his dissatisfaction with reporters. But Andreessen, in his widely-read blog, doesn’t exactly say what the problem is, and why now is the time to do something about it. Has he really stepped off the non-virtual stage for the last time?
Digg CEO Jay Adelson, Slide CEO Max Levchin and a host of other Silicon Valley movers and shakers turned up to help celebrate the publication of BusinessWeek columnist Sarah Lacy's new book, Once You're Lucky, Twice You're Good.
Wikimedia's deputy director, Erik Möller, has come under fire for early writings that suggest a disturbing defense of child pornography. Danny Wool, one of Wikimedia's most vocal critics insists he didn't leak the writings to the press, but he knows who did.
Sun Microsystems' chairman and Duke Energy's CEO share a stage to promote networking everyday devices like toasters to revolutionize the way that electricity is used.
Microsoft has released potential directors in a hostile takeover of Yahoo, in what the Wall Street Journal calls a "clear sign" the Redmond giant is really, truly walking away. Will this defining moment end once and for all the speculation which has helped Yahoo shares to remain comfortably above pre-takeover-talk levels? Of course not.
Microsoft walks away from Yahoo after offering $33 a share -- $4 less than Yahoo was seeking. The announcement came at the end of a long, tense week of deliberations and three months after Microsoft first submitted an unsolicited offer for the web company.
It's Friday, so this must mean that a) Microsoft is leaking to the WSJ that it is leaning towards going hostile about Yahoo, b) Ballmer is saying for the record that can take it or leave it and c) he's not willing to pay one more dime to make the deal than -- whatever Yahoo is actually worth. By his reckoning. TGIF.
Microsoft's board couldn't come to a final decision Wednesday but it did empower CEO Steve Ballmer to go hostile or abandon the pursuit of Yahoo, the Wall Street Journal reports. A decision isn't likely until later this week, it says.
Microsoft's next move in its takeover attempt of Yahoo is imminent -- perhaps even today -- the Wall Street Journal reports. Options are the usual suspects, it says: try to pack the Yahoo board or appeal directly to shareholders.
Critics say Microsoft CEO SteveBallmer is responsible for the company's fumbled release of Windows Vista, its foundering web strategy and its quixotic pursuit of Yahoo.
It's been three weeks since Microsoft informed Yahoo's board that it would take its bid hostile if a deal was not sealed in three weeks' time, and there's still no agreement. But Microsoft hasn't gone hostile -- yet.
Microsoft CFO Chris Liddell said in an internal interview that the reason why shares have taken such a beating is fairly simple: Uncertainty surrounding Yahoo has dragged the stock down.
A crowd of 700 attend Startup School '08, a day-long conference at Stanford University for entrepreneurial wannabes hoping to be the next Sergey and Larry.
Google's Q1 earnings report shows the company's profits are up 30 percent over the previous year, despite nervousness about the economy and dropping paid-click rates. Find live coverage of the conference call in Wired.com's Epicenter blog.
Now that Yahoo has again rebuffed Microsoft's acquisition offer, what's next? A proxy battle seems likely; we spell out the steps on that path in this post. In Epicenter.
Citing various sources in Asia, Gartner analyst Ken Dulaney says Apple has placed a big order for 10 million 3-G iPhones. That's in addition to the 10 million v.1 iPhones Apple has ordered, Dulaney says.
Garth Freeman, the CEO of Australian company Buzz Broadband, described his company's experience with WiMax as a "disaster," and ultimately a "miserable failure."
Japan's trade and economy ministry is investigating a possible defect in older versions of Apple's iPod Nano (model number MA099J/A) after one particularly nasty incident where the device reportedly shot out sparks while recharging.
In a presentation at O'Reilly's Emerging Technology Conference, Stanford law professor Larry Lessig calls on geeks to figure out ways of getting the corruption out of politics.
The only way Ed Reese has been able to get Google to acknowledge his business is by paying monthly fees to local listing networks such as Superpages.com and Yellowbook.com. His experience begs the question: Does local search work, or do you need to pay to play?
When neuroanatomist Jill Bolte Taylor experienced a stroke in 1996, the first thing to go was her sense of being separate from the objects around her. Taylor gave a first-person account of her experience at the TED conference in Monterey this week.
In an effort to boost ad revenue, Google rolls out AdSense for video beta. Under the program, publishers are expected to boost their advertising revenue.
Amazon's virtual storage service, S3, suffered a 2.5-hour service failure Friday morning, causing outages and other problems at a wide range of web businesses. Most customers remained unconcerned, however.
Since its 700-MHz auction began on Jan. 24, the FCC has raised more than $18.8 billion. That well surpasses the agency's own early estimates of attracting between $10-15 billion.
EBay isn't winning a whole lot of fans with its controversial new fee structure. Sellers say the new system equates to a rate hike. The company, by contrast, estimates that 60 percent of sellers will pay less in fees, so long as they provide quality customer service.
The HD DVD camp purchased a $2.7 million ad for week's Super Bowl that will try to convince viewers that the high-definition format war is still far from over.
When Yahoo posts fourth-quarter results after closing bell tomorrow, the company is expected to deliver a couple of disappointing announcements, including job cuts and a less profitable agreement with AT&T.
Investors are finally facing the facts: Yahoo isn't the only web company vulnerable to an economic downturn. Google is just as likely to get nailed if the economy slips into a recession.
Confirming days of speculation, eBay CEO Meg Whitman announced that she will step down from her position leading the online auction company, effective March 31.
DivX announced a new deal with Sony Pictures at this week's CES that will let online retailers offer the studio's entire library for download and playback on DivX-certified devices. The company also debuted a new D-Link media hub, which will compete with the Apple TV.