It's Official: Yahoo Is Buying Tumblr, Promises "Not to Screw It Up"

After rumors spread during the weekend, it's now official: Yahoo is buying Tumblr. Yahoo has announced the takeover, aptly enough, on Tumblr, explaining that it "promises not to screw it up." That's a reference, obviously, to the complete mess it's made of pretty much every other company it's ever bought. In that… » 5/20/13 8:25am 5/20/13 8:25am

Microsoft Retires Yahoo Offer, Won't Try Hostile Takeover

Microsoft has retired their bid over Yahoo completely, citing "excessive demands" on Yahoo's part. They won't try to do a hostile takeover either, because "Mr Yang would "take steps that would make Yahoo undesirable as an acquisition for Microsoft," according to Steve Ballmer. The potential nightmare/dream love story… » 5/04/08 6:41am 5/04/08 6:41am

Microsoft's Yahoo Bid Deadline Passes, World Doesn't End

Yahoo! and Microsoft have failed to agree on a takeover deal. The deadline for the deal was last weekend, and Saturday came and went without so much as a peep from either party. This means two things: a hostile takeover, which would mean kicking out the Yahoo! board at the shareholders' meeting; or Ballmer et al will… » 4/28/08 6:40am 4/28/08 6:40am

Ballmer Says Microsoft Ready for Future Without Yahoo

According to Steve yesterday, that $44.6 billion offer to buy Yahoo is "a lot of money," which comes as no surprise to anyone. But he followed it up by saying Microsoft is "prepared to move forward alone without Yahoo." Is he threatening to walk away? One suggestion to explain this is that employees inside Microsoft… » 4/24/08 7:57am 4/24/08 7:57am