Microsoft Sniffing Out Yahoo, Again?

Back in 2008 Microsoft had attempted to pay as much as $ 47.5 billion for the waning internet dinosaur,  now that Yahoo’s market value is only $18 billion, you’d think Microsoft could pick up Yahoo at a decent discount.

Not so quick MS! Yahoo’s settling in for a long auction process.

Microsoft is considering a bid for Yahoo, resurfacing as a potential buyer after a bitter and unsuccessful fight to take over the Internet company in 2008, sources close to the situation said on Wednesday.

Microsoft joins a host of other companies looking at Yahoo, which has a market value of about $18 billion and is readying financial pitch books for potential buyers, they said.

Yahoo shares jumped almost 10% on the news to $15.80 in afternoon trading. Microsoft shares erased some of their gains and were up 2.2 percent at $25.91, compared with a rise of about 3 percent earlier in the day :: Read the full article »»»»

APPLE: Cook’s First Deal Floored, Dropbox Turns Down $800m

Speculation on Apple CEO Steve Jobs resignation and the markets perceived pressure on incoming CEO Tim Cooks performance was rife a couple of weeks ago, many analysts speculated that following the change at the top, we would see a marked differences in the way Apple made decisions, that Cook would need to stamp his mark quickly. Read the full article »»»»