Tag Archive 'Microsoft'

Sep 30 2008

10 Richest People in Tech

Ah, the memories. Bill Gates, known for so many years to be (by far) the wealthiest person in the world, now has to settle for second place, because a Mexican tycoon came in first (and not by a small margin; Carlos Slim Helú beats him by over $8 billion).
Is this a sign that IT is [...]

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Sep 17 2008

Yahoo Rejects Microsoft, Icahn Bid to Split Company

Yahoo! Inc. rejected a proposal from Microsoft Corp. and billionaire investor Carl Icahn that would have broken up the Internet company, saying they were trying to “coerce” officials into selling assets.Under the plan, Yahoo’s current board and top management would be replaced. Microsoft would buy Yahoo’s search business and leave Icahn with the rest of [...]

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Sep 17 2008

Billionaire Activist Cleared By Regulators To Harass Yahoo

Federal antitrust regulators have cleared activist billionaire investor Carl Icahn’s purchase of another $1.5 billion of shares of Internet company Yahoo Inc. Icahn launched a proxy fight last month to remove Yahoo’s board of directors after the Sunnyvale, Calif.-based company rejected Microsoft Corp.’s last takeover bid of $47.5 billion bid. He has called Yahoo’s actions [...]

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Sep 17 2008

Yahoo postpones annual meeting

The internet company Yahoo has postponed its annual meeting as its board struggles to escape a shareholder uprising led by the billionaire corporate raider Carl Icahn.
The potentially rowdy gathering in California was due to be held on July 3 but Yahoo has put it off to an unspecified date “expected to be around the end [...]

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Jul 13 2008

The secret of Bill Gates’ success

Published by admin under Business Ideas

As Bill Gates prepares to end his full-time work at Microsoft, he tells the BBC in an interview that it wasn’t just what Microsoft did, but what his rivals didn’t do that let Microsoft get ahead.
“Most of our competitors were very poorly run,” he tells Fiona Bruce, for The Money Programme.
“They did not understand how [...]

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Jul 13 2008

Bill Gates Leaves His Full Time Job

Published by admin under Business Ideas

Bill Gates ends his full-time job at Microsoft on a Friday afternoon and the company opens for business after the weekend as if nothing has changed.
At least, that is how Gates’ successors want to play it.
The ‘transition’, as it is called inside the company, was announced two years ago.
On the face of it, the only [...]

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Jul 13 2008

Bill Gates checks into LinkedIn

Published by admin under Business Ideas

Microsoft Corp.’s big bet on Facebook’s online social network isn’t stopping Chairman Bill Gates from promoting other popular Internet hangouts.
Gates is helping out LinkedIn Corp.’s online professional network by setting up a profile on the service and posing a question to help draw more attention to a makeover of the Web site’s front page.
The question, [...]

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Jul 13 2008

Yahoo poised to reject Microsoft bid

Published by admin under News

Yahoo intends to reject Microsofs unsolicited bid for the internet company, according to a person close to the situation.
Yahoo’s board held its first formal meeting on Friday to discuss the February 1 offer, which is currently valued at $41.5bn. It has decided the $31 a share on the table massively undervalues the company, this person [...]

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Jul 13 2008

Microsoft Makes $44.6 Billion Bid for Yahoo

Published by admin under Business Ideas

Microsoft said Friday that it would offer $44.6 billion for Yahoo, the ailing search giant. The surprise offer of $31 a share represents a 62 percent premium to Thursday’s clsoing share price. Yahoo shareholders could elect to receive either cash or stock.
The proposed acquisition, the largest ever by Microsoft, would give some relief to Yahoo’s [...]

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Jul 13 2008

In Davos Gates pushes ‘creative capitalism’

Published by admin under Business Ideas

Bill Gates  issued a call on Thursday night for a new form of “creative capitalism” that works both to generate profits and solve the world’s inequities.
Reflecting on his Microsoft career as he prepares to leave the company this summer to focus on his foundation, he noted how his ideals had changed over the years. Ten, [...]

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