With its multibillion-dollar Yahoo merger bid yanked from the table, the Microsoft chairman said at a Tokyo press conference on Wednesday that the software giant has no immediate plans to jump on another deal.
Yahoo is calling on Microsoft to bump up its buyout bid, but the trouble is a number of the Internet giant's largest investors own shares in both stocks.
For those wondering how long Yahoo may take to respond to Microsoft's unsolicited $44.6 billion takeover bid, Yahoo says don't hold your breath.
Struggling search company Yahoo has a new chief executive, with Terry Semel stepping down after six years on the job, while Jerry Yang is stepping up to lead the company he co-founded in 1994.
Microsoft is expected to take its first baby steps on the road to Web search independence on Thursday, with the launch a test version of a homegrown Internet navigation tool and changes to its current search engine.
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.
With Yahoo apparently off the table, what's Microsoft's back-up plan? Try again for Yahoo or go for a new target?
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