Posted: October 9th, 2011 | Author: Michael Courtenay | Filed under: CHINA!, Microsoft, Social Media, Technoid Computer News | Tags: Alibaba, Alibaba Group, Carol Bartz, China, Goldman Sachs, Jack Ma, Microsoft, Yahoo | Comments Off
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 »»»»
Posted: September 12th, 2011 | Author: M.Aaron Silverman | Filed under: Apple, Cloud, Favorite New Thought, Kiss My . . ., M.Aaron Silverman, Technoid Computer News | Tags: apple, Arash Ferdowsi, CEO, Cloud, Computer, Dropbox, Goldman Sachs, iCloud, Index Ventures, News, rew Houston, steve jobs, Tim Cook, Y Combinator | Comments Off
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 »»»»