Google bid for Groupon rejected
Google's recent bid for the group-buying start-up Groupon has fallen through, despite claims that the search giant offered as much as $5 billion for the company. It was a potentially massive risk for Google, who whilst not short on cash,…
Microsoft and Yahoo stayed up late all weekend on Messenger, still no decision made
The weekend was not a quiet one for the oppressive Microsofties and underlingers Yahoo, with Microsoft CEO Steve Ballmer issuing Yahoo an ultimatum in an open letter to the board of directors, ranting “our goal in making such a generous offer was to create the basis for a speedy and ultimately friendly transaction. Despite this, the pace of the last two months has been anything but speedy.”
He’s given Yahoo three weeks to accept the offer, or Microsoft will usurp Yahoo’s board of directors, replacing them with new, more Microsoft-friendly officers….