Archive for the “Tech and Gadgets” Category

Curious how Microsoft’s multi-multi-multi-billion dollar buyout bid for Yahoo sputtered, then crashed?

Kara Swisher’s BoomTown column in All Things Digital has an interesting account of the missteps, sidesteps, and other goings on between the celebrations over the past several weeks.

Here’s some nuggets from Swisher’s post:

source Tech news blog

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Apparently Yahoo wasn’t just bluffing with its plan for an ad deal with rival Google.

The search company had planned to announce the partnership by midweek, a source familiar with the plan said. Under the deal, Google would supply text ads next to Yahoo search results; Yahoo conducted a limited-scope test of the Google ads

source Tech news blog

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Here’s the full text of Yahoo’s response after Microsoft withdrew its offer to acquire the company.

Chairman Roy Bostock: We remain focused on maximizing shareholder value and pursuing strategic opportunities that position Yahoo for success and leadership in its markets. From the beginning of this process, our independent …

source Tech news blog

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With Microsoft’s withdrawal of its increased Yahoo bid on Saturday, the Internet search pioneer’s two largest institutional investors are fuming, according to a source familiar with their thinking.

The two investors were willing to accept an offer of $34 a share, the source noted. Microsoft was offering an increased bid of $33.

source Tech news blog

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Update 8:10 p.m. PDT: I added some detail about Yahoo’s financial performance and its claims of progress. Update 7:35 p.m. PDT: I added more detail about Microsoft’s maximum bid and Yahoo’s minimum stipulation.

Microsoft just wasn’t willing to pay enough for Yahoo …

source Tech news blog

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Now might be a good time for Yahoo to show some evidence of the merits of all those “strategic alternatives” it’s been pursuing.

On Saturday, Microsoft formally withdrew its offer to acquire the search pioneer, at least for now. So what happens next for Yahoo?

There are a handful …

source Tech news blog

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Tom Cruise and his publicity crew are apparently buying up ads on Google AdWords. Hollywood Newsroom first noticed the fact that when you type in “Tom Cruise” in a Google search, paid sponsored ads for the Scientologist’s official, soon-to-be-launched Web site appear. “Stay Tuned For Official Site Launch” and “…

source Tech news blog

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Purdue University on Monday plans to install a new supercomputer on its campus in a single day, in an effort it’s calling an “electronic barn-raising.”

Approximately 200 employees will help build the machine, which will be the size of a semi trailer and is expected to have a peak …

source Tech news blog

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UPDATED at 1:25 p.m. PDT to clarify RAM in the personal is measured in megabytes.

Perhaps the days of looking at Cuba as the island that technology forgot are beginning to wane.

Late last month, President Raul Castro’s government lifted the ban on ordinary citizens from owning a cell phone

source Tech news blog

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For anyone who is beginning to tire of the three-months-and-counting Microhoo buyout drama, get those “thank you” cards prepped for six key people, should a deal get done this weekend, say sources familiar with the negotiations.

Some of these folks you’d expect to be heavily involved in wooing Yahoo’s investor base

source Tech news blog

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