Microsoft ups Yahoo offer above $31 per share (Update)

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Yahoo workers walk in front of Yahoo headquarters in Sunnyvale Calif. Wednesday April 30 2008. Microsoft Corp. reportedly dangled a higher takeover bid in front of Yahoo Inc. Friday hoping to reach a friendly deal after weeks of saber rattling. The R ...
Yahoo workers walk in front of Yahoo headquarters in Sunnyvale, Calif., Wednesday, April 30, 2008. Microsoft Corp. reportedly dangled a higher takeover bid in front of Yahoo Inc. Friday, hoping to reach a friendly deal after weeks of saber rattling. The Redmond, Wash.-based software maker upped its offer "by several dollars" per share, according to a New York Times report that cited unnamed sources. (AP Photo/Paul Sakuma)

(AP) -- Microsoft Corp. finally dangled a higher takeover bid in front of Yahoo Inc. Friday, hoping to reach a friendly deal after weeks of saber rattling.


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All News summaries for May 02, 2008

Microsoft defends search investments to analysts

2 minutes ago | User rating: not rated yet
(AP) -- Microsoft's CEO defended the software maker's decision to invest heavily in its unprofitable online business, but shed minimal light Thursday on specific steps it will take to challenge Google in the wake of the ...

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6 minutes ago | User rating: not rated yet
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Japanese Internet mogul found guilty in appeal

26 minutes ago | User rating: not rated yet
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Hackers get hold of critical Internet flaw (Update)

10 hours ago | User rating: not rated yet
Internet security researchers on Thursday warned that hackers have caught on to a "critical" flaw that lets them control traffic on the Internet.

Microsoft shakes up online division and deepens Facebook ties (Update)

11 hours ago | User rating: not rated yet
Microsoft is shaking up management of its online division and strengthening its tie to Facebook in the aftermath of a failed bid to buy Yahoo to bolster its lagging Internet business.