Yahoo may indeed agree to Microsoft's US$44.6 billion bear hug, but it will be over Jerry Yang's dead body.
Microsoft and Yahoo are holding informal merger discussions, marking a shift from the "radio silence" that previously existed between the two companies, according to a source familiar with the talks.
Microsoft officially withdrew its offer to acquire Yahoo on Saturday but only after it threw an additional US$5 billion on the table.
Yahoo on Monday responded to Microsoft's merger deadline, reiterating its rejection to the software giant's buyout bid as "substantially" undervaluing the company.
If Microsoft acquires Yahoo, the deal may leave the pair's joint venture partnerships with PBL Network and the Seven Network on shaky ground.
On Saturday, Microsoft formally withdrew its offer to acquire the search pioneer, at least for now. So what happens next for Yahoo? A deal with Google looks likely.
For a man a few months away from leaving his job, Bill Gates has a lot on his mind.
Google and others are under scrutiny as advertisers fret about phony clicks.
With Yahoo apparently off the table, what's Microsoft's back-up plan? Try again for Yahoo or go for a new target?
Internet search leader Google filed to go public on Friday, seeking to raise US$2.7 billion in an unusual auction-style offering that will give the founders rare control over the company.
At the Web 2.0 Summit in San Francisco, John Battelle of Federated Media Publishing questions Yahoo CEO Jerry Yang about Microsoft's bid to buy Yahoo for $33 dollars a share earlier in 2008. Yang says the companies weren't far from agreeing on terms of a deal. He adds that Microsoft has made it clear that is no longer interested in buying Yahoo.
Conroy ducks, Ballmer evades and Android Fails -- Club Builder
Club Builder this week takes a long look at Senator Conroy's recent attempt to explain his Great Firewall of A… Watch it now
Is green IT a marketing fad?
Gutless studios have the wrong target
NBN needs workers on board
'At The Whiteboard' Video Series
Click here to learn more about Microsoft Windows Server 2008 and Hyper-V technology.
Click here for more.
CXO's Unplugged - Real Business Insight
Phil Dobbie interviews business leaders to reveal their thoughts on various management challenges.
Click here to see the latest video.
Printer Superguide
Looking to buy a printer? Our superguide rates the latest printers and shines a light into the industry.
Click here for more.