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Last updated: 17:33:22 Thursday Jul 24, 2008


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  • Major shareholder advisory firm backs Yahoo board
    SAN FRANCISO - An influential shareholder advisory firm endorsed the re-election of Yahoo Inc.'s entire board Thursday, reducing the chances that the Internet company's directors will be ousted for spurning Microsoft Corp.'s $47.5 billion takeover bid during the spring.   People:Carl Icahn   Activities:Microsoft - Yahoo Deal   Source:(AP)   2008-07-24

    Microsoft CEO backs Web spending, "done" with Yahoo
    REDMOND, Washington (Reuters) - Chief Executive Steve Ballmer on Thursday defended Microsoft Corp's (MSFT.O) need to make heavy investments in its Internet businesses but said the company was "done," for now, with pursuing Yahoo Inc (YHOO.O).   Nations:U.S.   People:Steve Ballmer   Activities:Microsoft - Yahoo Deal   Source:(Reuters)   2008-07-24

    Facebook to help some programmers, punish others
    SAN FRANCISCO - Facebook Inc. is introducing more tools to help the software applications fueling the online hangout's popularity and is promising to intensify its efforts to weed out programs that violate its rules for protecting users' privacy.   Nations:U.S.   Source:(AP)   2008-07-24

    Microsoft defends search investments to analysts
    REDMOND, Wash. - Microsoft's CEO defended the software maker's decision to invest heavily in its unprofitable online business, but shed little light Thursday on specific steps it will take to challenge Google in the wake of the failed bid to buy Yahoo.   Nations:Canada   People:Steve Ballmer   Activities:Microsoft - Yahoo Deal   Source:(AP)   2008-07-24

    Microsoft exec who led Yahoo bid leaving company
    SEATTLE (Reuters) - Microsoft Corp (MSFT.O) said on Wednesday that Kevin Johnson, who as president of Microsoft's largest business division spearheaded the company's pursuit of Yahoo Inc (YHOO.O), is leaving the software maker.   Activities:Microsoft - Yahoo Deal   Source:(Reuters)   2008-07-23

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