Investor activist Carl Icahn and Microsoft on Monday asked Yahoo investors to oust Yahoo's board and in its place elect Icahn's dissident slate, potentially paving the way for a purchase of the internet company in its entirety or just its search assets.
Although Yahoo executives speaking at an online ad conference on Monday were mum on Microsoft's takeover attempt, they were quick to tease a new feature -- due out this week -- on their home page which could be their rumoured competitor to social news aggregator Digg.
Yahoo announced on Saturday night that it rejected a joint-buyout proposal that Microsoft and investor activist Carl Icahn offered the night before, which called for a "complex restructuring" and sale of Yahoo's search business to Microsoft.
The local division of business intelligence vendor Business Objects has outlined ambitious goals for the Australian market as it settles into its new relationship with parent SAP.
After having snubbed Microsoft's initial takeover proposal, reports have indicated that Yahoo is still counting on the software giant to mount another acquisition bid, should its attempts to play the field backfire.
As Microsoft's deadline for Yahoo to accept its takeover bid passes, the tech world is still waiting for information from either company on their wedding plans.
OK. So anti-trust lawyers would have a field day but consider this -- the software giant is on an official spending spree and this is the best time to spread its wings ... to become the Coca-Cola of the IT industry.
With Yahoo apparently off the table, what's Microsoft's back-up plan? Try again for Yahoo or go for a new target?
Since lifting its university-only restrictions in September 2006, Facebook has become the poster child for social networks and attracted more than 65 million users. But will it survive 'the next big thing'?
Microsoft identified three vulnerabilities in Windows on Wednesday that could have a similar effect as the dreaded MSBlast worm of August.
Microsoft slams Google on privacy
Google's approach to privacy is a decade behind Microsoft, the Redmond software giant's chief privacy strategi… Watch it now
MyPerfect.com.au has potential
Storage infrastructure on the tender track
Apple has killed the video store; will ISPs be next?
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