Microsoft Chief Still Stuck on Yahoo

Posted on February 24, 2009. Filed under: Internet Market, Microsoft, Tech News, Yahoo | Tags: , , , |

Yahoo may have a new chief, but Steven A. Ballmer appears to be getting the same cold shoulder.

As Mr. Ballmer, the chief executive of Microsoft, give a fairly grim outlook for 2009 at a strategic update on Tuesday, CNBC was reporting that Microsoft has been repeatedly “rebuffed” and “ignored” in its attempts to reach some kind agreement with Yahoo that would allow them to compete better with Google on the Internet.

But he apparently isn’t giving up hope that he can get Carol A. Bartz, who recently succeeded Jerry Yang as Yahoo’s chief, to the negotiating table.

Mr. Ballmer said Tuesday that he would like to talk with Ms. Bartz to see if the two companies could “somehow get together and find out how to provide more competition” with Google, reported.

Microsoft failed last year in its unsolicited bid to buy Yahoo outright. But since then, Mr. Ballmer has repeatedly said he would like to reach a search deal with Yahoo, which, like many other Internet companies, is struggling with weak revenues from display advertising.

Mr. Yang, who helped found Yahoo, was said to favor a stand-alone strategy for the Web company. But Ms. Bartz’s views on a Microsoft deal aren’t well known yet.

It’s not for lack of trying: Analysts repeatedly asked Ms. Bartz about a potential Microsoft deal last month, when she spoke on her first Yahoo quarterly conference call.

“Everything is on the table,” she said at the time. But she also added: “This is not a company that needs to be pulled apart and left for the chickens.”

Microsoft’s latest overtures to Yahoo have been in vain, according to
Jim Goldman, CNBC’s Silicon Valley bureau chief. Citing undisclosed sources, he reported Tuesday that Microsoft executives have been increasingly frustrated that there has been “no progress whatsoever” on a Yahoo search deal.

Source: NYTimes


Make a Comment

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Liked it here?
Why not try sites on the blogroll...

%d bloggers like this: