240°

Microsoft: Yahoo Refusal 'Unfortunate'

Fox Business writes:

"REDMOND, Wash. -- Microsoft Corp. called Yahoo Inc.'s rejection of its unsolicited $44.6 billion bid to buy the struggling search engine operator "unfortunate" late Monday but signaled it won't give up its efforts to acquire the company.

"It is unfortunate that Yahoo! has not embraced our full and fair proposal to combine our companies," Microsoft said in a statement.

The world's largest software maker also said that based on talks with shareholders from both Microsoft and Yahoo, it is "confident that moving forward promptly to consummate a transaction is in the best interests of all parties."

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foxbusiness.com
Alernative sources (28)
Mr_Kuwabara6601d ago

"Never going to give you up, never going to let you down, never gana run around and desert you"

nix6601d ago

...and hurt you". LOL! q:

beoulve6601d ago

maybe google is going to buy them instead?

Mr_Kuwabara6601d ago

They were reports stating that Yahoo! were actually trying to tease Microsoft for them to upper there bid.

Who knows..

Primetimebt6601d ago

I doubt google will buy them.. If they do they may having mircosoft screaming "Anti trust, monopoly over the search engine market."

Brian52476601d ago

Cant buy everything you bastards.

BLaZiN PRopHeT6601d ago

like i said the board of directors for yahoo will be replaced with people who are pro buy out. this is what the share holders want and thats money.

wageslave6601d ago

MS offered them a better than fair price.

I agree. It is unfortunate, It looks to me that YHOO is banking on them making a better offer.

I hope they simply bury them instead of buying them. $44B is a lot of opportunity.

whengeeksgobad6601d ago

if you were on the board and stood to walk a few 100 mill, wouldn't you?

ScentlessApprentice76601d ago (Edited 6601d ago )

The only way that would happen is if Microsoft purchased and acquired a significant portion of Yahoo's common stock from the current shareholders and then decided to use all of their voting rights against those of the other shareholders to discharge the current directors on the board and then elect new directors that would approve of the buy out.

Yahoo must have already forseen this possibility and they must have probably already purchased back most of their outstanding shares so that Microsoft can not obtain a truly significant amount of ownership to make that much of an impact.

IntelligentAj6601d ago

You know damn well MS is not going to let this go. They'll keep trying to complete that deal. I don't think they'll raise the offer but some time might make the board reconsider.

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40°

Developer use of generative AI may be declining

New data from the Game Developer collective shows a sharp year-over-year drop in reported use of generative AI.

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gamedeveloper.com
30°

The craft of voice acting with Jennifer Hale

Famed actress Jennifer Hale discusses the modern landscape of voice acting and how developers can collaborate with performers to make better games.

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gamedeveloper.com
70°

Ghost of Yotei star: 'workers need more protections' in game dev

Ghost of Yotei actor Erika Ishii's journey from fan to performer shaped their views on developers' rights as workers.

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gamedeveloper.com
4d ago
babadivad3d ago

This wouldn't be an issue if western devs actually made games for the audience they have instead of the one they WISHED they had.

The people they're catering to don't buy games. They will like the tweets but never buy your games, because they aren't, nor will they ever be, gamers.

LucasRuinedChildhood3d ago

No. Read this article with insights from Japanese devs: https://www.videogameschron...
https://x.com/tairanakamura...
Sega producer Taira Nakamura: https://x.com/tairanakamura... (use Translate)

There are better laws offering more protections for workers in Japan. Instead of firing people, they very noticeably stop hiring people instead - graduates are not getting jobs like they used to. It's still better to have the protections though and ***it shows what these companies would try do to Japanese developers if they could get away with it.*** She's right on this. It's about workers protections. Even if you prefer non-Western games, ***the cost pressures are said to be the same.***

Insomniac had layoffs despite reaching 11m sales on Spider-Man 2 quite quickly. Without protections for workers, big companies have no loyalty and will get rid of you even if you just temporarily become less useful when a game ships and they can rehire later.

Christopher2d ago

What does this have to do with protections for voice actors?

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