Featured Articles

Analysts expect ARM to do well next year

Analysts expect ARM to do well next year

British chip designer ARM could cash in on the mobile industry's rush to transition to 64-bit operating systems and hardware.

More...
Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Samsung has lost smartphone market share, ending the quarter on a low note and Xiaomi appears to be the big winner.

More...
Intel Broadwell 15W coming to CES

Intel Broadwell 15W coming to CES

It looks like Intel will be showing off its 14nm processors, codenames Broadwell, in a couple of weeks at CES 2015.

More...
Gainward GTX 980 Phantom reviewed

Gainward GTX 980 Phantom reviewed

Today we’ll be taking a closer look at the recently introduced Gainward GTX 980 4GB with the company’s trademark Phantom cooler.

More...
Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac has been in the nettop and mini-PC space for more than four years now and it has managed to carve…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 25 July 2008 07:24

Microsoft declares Yahoo a ?declining asset?

Written by David Stellmack


ImageImage


Company-wide acquisition now unlikely


Microsoft has declared that it is no longer in the discussion phase with Yahoo over acquiring all of its assets. Again. Today, Christopher Liddell, Microsoft’s CFO stated that Yahoo is, in his opinion, a declining asset. Liddell went on to state that “Time passed and value eroded.

I think the chances of us buying Yahoo…are so small that they are essentially negligible.” This statement mirrored CEO Steve Ballmer’s statement that its on and off talks with Yahoo are now clearly in the “off” phase.

At Microsoft’s financial analyst meeting Ballmer stated, “Now we aren’t [talking] and that’s where things are. There is nothing under discussion between the two of us.”

While Liddell indicated that a partial deal for the search assets of Yahoo could still be possible, time is running out for this option. He indicated that Microsoft believes it can compete with search engine giant Google even without Yahoo.

However, as usual, Ballmer didn’t shut the door completely on Yahoo. He also said that regarding the two companies, “Does that mean nobody will ever talk?...I suspect not.” Stay tuned for Round Ten.
Last modified on Friday, 25 July 2008 07:33

David Stellmack

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments