Latest News: Technology |  Celebrity |  Movies |  Apple |  Cars |  Business |  Sports |  TV Shows |  Geek

Trending

Filed under: News | Technology News

 

Microsoft officially withdraws Yahoo Bid

May 4 2008, 2:15am CDT | by

Microsoft officially withdraws Yahoo Bid
 
 

Microsoft issued a statement that they withdraw their offer to buy Yahoo!.

Microsoft published the letter Steve Ballmer sent to Jerry Yang. Microsoft was willing to increase the offer to $33 per share.
Because Yahoo is possibly planning to run Google Ads Microsoft is also not pursuing a hostile takeover.
Looks the 3month long story comes to an end and there will be no Yahoo acquisition in any form by Microsoft.

It will be interesting to see what now happens to Yahoo. Will they stay independent? Will Google try to bind Yahoo closer to them? Will they go out of business? Will some other media power-house swoop in and try to acquire Yahoo? Everything is possible.

Read the full statement and letter to Yahoo! on the Microsoft site. Update: Yahoo response to Microsoft's Bid Withdrawal.

iPad Air Giveaway. Win a free iPad Air.

You Might Also Like

Updates

Shopping Deals

 
 
 

<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr (Google) is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

Comments

blog comments powered by Disqus

Latest stories

Matt Leinart Becomes Pac-12 Networks Football Analyst
Matt Leinart Becomes Pac-12 Networks Football Analyst
Former NFL quarterback Matt Leinart is joining Pac-12 Networks as a college football analyst.
 
 
Carmelo Anthony, Manning Brothers Invest in SeatGeek
Carmelo Anthony, Manning Brothers Invest in SeatGeek
Carmelo Anthony and the Manning brothers -- Peyton and Eli -- are among the new investors of SeatGeek, a search engine for sports and entertainment tickets.
 
 
Peyton Manning Fined For Taunting D.J. Swearinger
Peyton Manning Fined For Taunting D.J. Swearinger
Denver Broncos quarterback Peyton Manning was fined $8,268 for taunting on Aug. 28. Manning got in Houston Texans safety D.J. Swearinger's face after the former converted on a 29-yard touchdown pass to Broncos wide receiver Emmanuel Sanders in the second quarter of their preseason game on Aug. 23.
 
 
Mila Kunis: Ashton’s Ace-Worthy Babe with a Bod and a Bump
Mila Kunis: Ashton’s Ace-Worthy Babe with a Bod and a Bump
The Natural Nikita who is Nice and Normal enough to say No sometimes…
 
 
 

About the Geek Mind

The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.

The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.

Read more about The Geek Mind.