Tag Archives: News


YouTube just got Wider

Hey guys, Just opened youtube this morning to watch Russell Peters‘s gags and discovered that youtube’s player got wider than its normal size. Apparently this change has been done as mostly the uploaded videos are

Read More

Microsoft’s answer to Google Sky

(13 May 2008, 1057 hrs IST,REUTERS) SEATTLE: Any Star Trek fan knows that space travel is not always easy, but Microsoft Corp wants to make traveling the “final frontier” as simple as turning on your

Read More

Yahoo may reject latest MS bid

WASHINGTON: US Internet company Yahoo on Monday rejected software giant Microsoft’s three-week ultimatum to accept its takeover offer. Yahoo is responding to a three-week deadline issued by Microsoft Chief Executive Steve Ballmer in a letter

Read More

Microsoft offers to buy Yahoo for USD 44.6 billion

NEW YORK: Technology giant Microsoft Corp said on Friday that it had offered to acquire Internet media company Yahoo Inc for USD 44.6 billion in cash and stock.

Microsoft said it had offered to buy Yahoo for USD 31 per share, which it said represented a 62 per cent premium above the company’s closing stock price on Nasdaq on Thursday.

“We have great respect for Yahoo, and together we can offer an increasingly exciting set of solutions for consumers, publishers and advertisers while becoming better positioned to compete in the online services market,” Microsoft Chief Executive Steve Ballmer said in a statement.

Yahoo was not immediately available for comment. Microsoft said it had identified four areas that would generate at least USD 1 billion in annual synergies for the combined entity.

Yahoo shares rose 56 per cent to $29.95 in pre-market trading on Friday following the announcement. US stock index futures also jumped after the news was released.

Read More