Yahoo shares fall 15 pct after Microsoft withdraws bid

User rating: 4 / 5 after 1 vote(s)

In this Jan. 7 2008 file photo of Yahoo CEO Jerry Yang gestures in the Yahoo booth after he gave his keynote address at the Consumer Electronics Show (CES) in Las Vegas. Yahoo shares fell 17 percent in early trading Monday as hopes for the once-domin ...
In this Jan. 7, 2008 file photo of Yahoo CEO Jerry Yang gestures in the Yahoo booth after he gave his keynote address at the Consumer Electronics Show (CES) in Las Vegas. Yahoo shares fell 17 percent in early trading Monday as hopes for the once-dominant search engine dimmed following Microsoft's withdrawal of a $47.5 billion takeover bid. (AP Photo/Paul Sakuma)

(AP) -- Yahoo shares fell 15 percent Monday as hopes for the once-dominant Internet icon dimmed following Microsoft's withdrawal of a $47.5 billion takeover bid.


Full story »
All News summaries from Technology news
All News summaries for May 05, 2008

AOL shutting 3 services to cut costs, focus on ads

37 minutes ago | User rating: not rated yet
(AP) -- AOL is shutting three data-storage services, including one of the Internet's earliest photo-sharing sites, as it seeks to cut costs and focus resources on its advertising opportunities.

Bikers, pedestrians seeking better Web maps

2 hours ago | User rating: not rated yet
(AP) -- With the old gas-guzzler in the garage, you've got your bicycle ready and your sneakers laced up. Now all you need is a map of the quickest, safest routes for riding around town. Well, not so fast.

Netflix 2Q profit up 4 pct, beats analyst views

2 hours ago | User rating: not rated yet
(AP) -- Netflix Inc.'s second-quarter profit crept up 4 percent, beating analyst expectations as the online DVD rental leader signed up 168,000 new customers while spending less money to attract them to the service.

Europe’s next-generation broadband

2 hours ago | User rating: not rated yet
An enormous research effort by Europe’s leading broadband players has helped accelerate dramatically the rollout of next-generation broadband services reaching speeds in the 10s of Mbit/s in many European countries. That ...

Samsung says Q2 profit up 108 percent

10 hours ago | User rating: not rated yet
South Korea's Samsung Electronics Co. said Friday that second-quarter profit jumped 108 percent year-on-year, what it called a "relatively solid" performance despite missing market forecasts.
Goto Archive PhysOrg Forum Goto Archive Video Goto Archive Editorials Goto Archive Free Magazines Goto Archive Newsletter

News Archive