Yahoo Shares Crash As Microsoft Walk Away From Takeover Talks

Shares in Internet old skoolsters Yahoo crashed by fifteen per cent on the weekend after Microsoft walked away from protracted takeover negotiations.

Microsoft had been waving a fearsomely hefty £24bn wad in Yahoo’s face since January, but gave out a firm “talk to the hand” instruction after their takeover deal failed to be accepted.

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Users Petition To Keep XP Alive

Users Petition To Keep XP AliveIt may be six years old and primed for official retirement, but fans of the venerable Microsoft Windows XP are hell bent on keeping the operating system alive.

With Microsoft set to start taking XP off shop shelves in June this year, users have been loudly pointing to its superiority over its successor Windows Vista, which has garnered lukewarm reviews since its January 2007 launch.
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Yahoo To Microsoft: No Thanks, Not Enough Money

Microsoft:Yahoo Merger Officially Floated - Holy Moly!!!The next twist in the Microsoft wants Yahoo story has just come to light.

Yahoo has filed a Form 8-K with the US SEC saying that after a jolly good think about it, Yahoo has decided that Microsoft’s unsolicited proposal to purchase them is not in the best interest of Yahoo.

Their detailed response was …

After careful evaluation, the Board believes that Microsoft’s proposal substantially undervalues Yahoo! including our global brand, large worldwide audience, significant recent investments in advertising platforms and future growth prospects, free cash flow and earnings potential, as well as our substantial unconsolidated investments. The Board of Directors is continually evaluating all of its strategic options in the context of the rapidly evolving industry environment and we remain committed to pursuing initiatives that maximize value for all stockholders.

Full filing