Steve Ballmer

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Icahn: Microsoft Will Only Negotiate With Me

Board must be replaced, Ballmer says

(Newser) - Carl Icahn says Microsoft is still in the hunt to acquire Yahoo, but only if the board is replaced, the Wall Street Journal reports. Icahn says Microsoft CEO Steve Ballmer “made it abundantly clear” to him that he wouldn’t talk with Yahoo’s current board, which he fears...

Teary Farewell for Gates
 Teary Farewell for Gates 
Jun 27, 2008 4:18 PM CDT

Teary Farewell for Gates

Microsoft CEO salutes founder, leaving after 33 years, for 'enormous opportunity'

(Newser) - Microsoft celebrated Bill Gates’ last day as a full-time employee today, the Seattle Times reports. More than 800 employees, family members and friends shared memories at the company’s corporate conference center in Redmond, Wash. CEO Steve Ballmer bid a tearful farewell to his longtime friend: "We've been given...

Gates Departure Should Calm the Waters

Joint leadership with Ballmer slowed, hurt Microsoft's growth

(Newser) - Bill Gates’ departure from full-time employment at Microsoft on June 27 will end 8 contentious years in which Gates has attempted to stay onboard while nominally beneath his close friend and new CEO, Steve Ballmer. Though they built the company together, this “ambassadorial succession” produced mixed results, with Gates...

Life After Gates Will Take Some Adjustment
Life After Gates Will Take Some Adjustment
OPINION
May 29, 2008 3:05 PM CDT

Life After Gates Will Take Some Adjustment

Yahoo fallout just the first challenge for Ballmer, Microsoft

(Newser) - Microsoft and CEO Steve Ballmer are facing a scary, new post-Bill-Gates world, Therese Poletti writes on MarketWatch. On a panel at the All Things Digital conference earlier this week, Ballmer and Gates fielded questions about Microsoft’s failed Yahoo bid and unpopular Vista operating system. “Ballmer and indeed Microsoft...

Protester Eggs Microsoft CEO
 Protester Eggs Microsoft CEO 
May 21, 2008 9:51 AM CDT

Protester Eggs Microsoft CEO

Ballmer dodges attack by Hungarian during university lecture

(Newser) - Microsoft CEO Steve Ballmer was in Budapest this week to give a lecture to Hungarian university students, but the talk took an unexpected turn when he was pelted with eggs. Unlike Bill Gates, who was hit in the face with a cream pie a decade ago, Ballmer was able to...

Microsoft Aims for Yahoo's Search Ad Biz

But execs don't like plan, which includes breaking up company

(Newser) - Microsoft's new offer to Yahoo includes breaking up the company and buying its search-advertising business, notions that have left Yahoo execs cold, the Wall Street Journal reports. Under the plan, Yahoo would sell its Asian assets and let Microsoft buy a minority stake in what's left of the company.

Yahoo Still Open to Offers: Yang
Yahoo Still Open to Offers: Yang
May 6, 2008 6:28 AM CDT

Yahoo Still Open to Offers: Yang

CEO, facing shareholder backlash, says Microsoft 'wouldn't negotiate'

(Newser) - Though Microsoft's courtship of Yahoo came to an unhappy end, Yahoo is still open to suitors, even Microsoft—at the right price, insists CEO Jerry Yang. Yahoo is in talks with other companies about ways to boost its value, and while Yahoo isn't in a rush to sell, executives are...

Ballmer's Competitive Streak Drove Yahoo Bid

Microsoft CEO once vowed to 'kill Google'

(Newser) - Microsoft's Yahoo bid put CEO Steve Ballmer to the test: How much would he pay to fulfill his promise to "(expletive) kill Google"? Forty-seven billion bucks was too high, but many say he'll try again—and may have a tough time convincing investors it's all cool calculation. Microsoft...

Post-Microsoft, What's a Yahoo to Do?

Google deal risky, but analysts say company must prove its value

(Newser) - High-fives broke out at Yahoo yesterday after Microsoft revoked its buyout bid, but founder Jerry Yang and colleagues may want to hold off on celebrations, the New York Times reports. Analysts expect the stock to tank tomorrow, shareholders are mulling legal action, key workers may walk, and an alliance with...

Microsoft Retracts Yahoo Offer
 Microsoft Retracts Yahoo Offer 
May 3, 2008 7:42 PM CDT

Microsoft Retracts Yahoo Offer

CEO Steven Ballmer refuses to pay $37 per share

(Newser) - Microsoft withdrew its latest offer to buy Yahoo today after the companies' chief execs haggled over price at a Seattle meeting, the New York Times reports. Microsoft CEO Steven Ballmer offered $33 per share, but Yahoo's Jerry Yang wanted $4 per share more in the blockbuster deal.

Microsoft Edges Toward Hostile Bid
Microsoft
Edges Toward
Hostile Bid
May 2, 2008 4:52 AM CDT

Microsoft Edges Toward Hostile Bid

Ballmer, still on fence last night, expected to move on Yahoo today

(Newser) - Microsoft appears to be edging closer to a hostile bid for Yahoo, the Wall Street Journal reports; an announcement of the company's next move is expected today. Price will be a key factor: CEO Steve Ballmer told employees yesterday he won't pay a "dime above" what he thinks Yahoo...

Microsoft Still Pondering Yahoo Options

Decision to go hostile, raise bid, or walk away up to CEO Ballmer

(Newser) - Microsoft's board met yesterday to discuss the next move in its bid for Yahoo but didn't make a decision, the Wall Street Journal reports. Directors have given CEO Steve Ballmer broad leeway to decide between going hostile or walking away from the bid, and insiders say it could still go...

Ballmer May Seek Middle Path on Yahoo
Ballmer May Seek Middle Path on Yahoo
ANALYSIS
Apr 30, 2008 7:13 AM CDT

Ballmer May Seek Middle Path on Yahoo

Microsoft could nominate proxy slate, wait on hostile offer

(Newser) - Steve Ballmer's next move on Yahoo is expected momentarily, and one option is to nominate a proxy slate for the board of directors, the Wall Street Journal reports, but hold off on making a new hostile bid for the company. Microsoft could buy time for setting a new price for...

Startup Flops Leave Little Trace Beyond For-Sale Sign

Execs, pursuing new capital, quick to wipe failures off resumes

(Newser) - A failed start-up doesn't spell purgatory for entrepreneurs with the right connections, the Boston Globe reports. Take Mort Rosenthal, who struck gold in the 1980s as a software entrepreneur, only to launch two flops—one in alternative medicine, the other in cell-phone retail—with millions in lost venture capital. Now...

Slumping Microsoft Needs Yahoo
 Slumping 
 Microsoft 
 Needs Yahoo 
OPINION
Apr 25, 2008 11:52 AM CDT

Slumping Microsoft Needs Yahoo

Slow quarter spurs push for acquisitions

(Newser) - Microsoft's first quarter saw flat sales and dipping profits, all the more reason to make nice with Yahoo, Aaron Ricadela writes in BusinessWeek. Steve Ballmer has said he is ready to walk away from the attempted takeover, but with most of Microsoft's revenue coming from smaller divisions and overseas interests,...

Ballmer to Yahoo: That's Our Final Offer

CEO not impressed by Yahoo's Q1 profits

(Newser) - Microsoft won't raise its $44.6 billion takeover bid for Yahoo despite the Internet firm's strong first-quarter earnings, Bloomberg reports. "We are prepared to go forward without a merger," said CEO Steve Ballmer, who has threatened a proxy shareholder revolt to push the deal through, possibly at a...

Microsoft Syncs Phone, PC Data with 'Live Mesh'

The house Gates built joins cloud computing trend

(Newser) - Microsoft is testing a new product that will allow users to link data across multiple electronic devices through the internet—so the picture you took on your phone can be in the digital picture frame in your home within minutes. It’s a big step for Microsoft, which until now...

Yahoo, AOL May Merge; Murdoch-Microsoft In Talks

Two Internet-shaking deals stem from Microsoft-Yahoo talks

(Newser) - Two groundbreaking Internet deals are in the works, both related to Microsoft's desire to take over Yahoo, the Wall Street Journal reports. In one, Yahoo is considering combining its online operations with Time Warner's AOL. In the other, Rupert Murdoch's News Corp. is in talks to join Microsoft in its...

Yahoo Investor Calls Microsoft Threat a Blunder

Stakeholder Legg Mason will support Yahoo if Microsoft tries to drop price

(Newser) - Yahoo received a tepid endorsement from its second-largest shareholder yesterday as its takeover battle with suitor Microsoft continued to heat up, the Wall Street Journal reports. Legg Mason, which holds a 7% stake in Yahoo, said it would back an independent Yahoo before it would sell its stake at a...

Yahoo Says Microsoft Is at Fault on Stalled Talks

Yang fires back after Ballmer ultimatum

(Newser) - Yahoo execs fired back a response this morning to Microsoft CEO Steve Ballmer's weekend ultimatum giving the Yahoo board a deadline of 3 weeks to avoid a hostile takeover. CEO Jerry Yang and Chairman Roy Bostock reiterated that the Microsoft offer is still too low—it has declined in value...

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