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Microsoft's chief executive said the software giant is not interested in renewing its bid for struggling search engine company Yahoo. Steve Ballmer told a business lunch in Sydney that Microsoft had moved on after Yahoo...
By Richard Waters in San Francisco Steve Ballmer, chief executive of Microsoft, on Friday ruled out a full acquisition of Yahoo, although he left the door open to a deal that would involve a purchase of just its search...
Microsoft CEO Steve Ballmer today said that Microsoft was "not interested" in making a new offer for internet company Yahoo, despite Yahoo's share price currently sitting at less than half what Microsoft initially offered.
"Why didn't you take the $33 a share, Jerry?" Battelle asked him, referring to Microsoft's offer last April to buy Yang's company. We were ready to negotiate, but they withdrew...We believed that we were doing the right thing...
