Court docs: Yahoo was averse to Google deal
Yahoo execs opposed the idea of a search-advertising partnership with Google as recently as the day before Microsoft made its acquisition offer, according to court papers made public today. In a Q&A prepared for a Jan. 30 internal meeting, Yahoo asserted that such a deal “may not take into account the longer term impact on the competitive market if search becomes an effective monopoly,” the court documents say.
That tidbit — and particularly the reference to the competitive impact — may provide fodder for Microsoft in its attempt to thwart the potential search-advertising partnership between Google and Yahoo. They started discussing such a deal as a means of fending off Microsoft’s bid.
View Full Article: Todd Bishop’s Microsoft Blog
Unsealed documents add to Yahoo-Microsoft drama
Newly uncovered documents in Yahoo shareholders’ battle with the company allege that CEO Jerry Yang worked actively to undermine a deal with Microsoft, perhaps in some cases unethically — and possibly illegally.
Unsealed documents shed more light on Microsoft-Yahoo saga
A Delaware judge has unsealed court documents containing new details about Yahoo Inc.’s efforts to ward off Microsoft Corp.’s unsolicited bid to buy the Internet pioneer.
The documents, made available Monday over Yahoo’s objections, shed new light on an employee severance program that would have driven up Microsoft’s expenses in a successful takeover. The records were obtained as part of a shareholder lawsuit filed against Yahoo’s board for resisting Microsoft’s overtures.
Based on Yahoo’s internal estimates, the severance plan would have added $462 million to $2.1 billion to Microsoft’s costs, based on the software maker’s initial offer of $44.4 billion, or $31 per share.
View Full Article: Yahoo News - AP
Yahoo’s latest Messenger beta goes its own way
It’s clearly not a button-down, businesslike IM client: Having experimented with a special Vista version that apparently didn’t go over well, Yahoo now is adding personalized polish to its latest free personal messenger, still in beta.
FTC approves Icahn’s Yahoo stock purchase
The Federal Trade Commission has given activist investor Carl Icahn approval to purchase a large chunk of Yahoo stock, it said on Friday.
