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Tuesday, July 15, 2008

 
 

Yahoo rejects a new Microsoft deal


Yahoo said Saturday it has rejected a "ludicrous" deal with Microsoft orchestrated by corporate raider Carl Icahn, who is bent on overthrowing the struggling Internet search pioneer's board.

Yahoo said a "take it or leave it" proposal made by Icahn and Microsoft on Friday called for a massive restructuring of the California firm and the sale of its online search business to the US software colossus.

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O T H E R   R E P O R T S

 

Blockbuster sequels, slick technology and duels between the big three console makers are expected in Los Angeles next week as video game industry players reveal their newest creations.

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Sony announced Friday that it will start offering virtual advertising space in PlayStation 3 games as part of efforts to stem losses from the console.

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TechBytes

Almost every company has experienced network downtime—when network traffic has slowed or Internet connection has crashed, adversely affecting applications critical to business.

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The PSE-Manila Times Equity Challenge 2008

Phgifts

 

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Severino O. Frayna Jr., Benjie Dela Rosa
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