Offering regional and national programs, CIO (and CSO) events bring together some of the most respected names and thought leaders in information technology and security. Presented by CIOs and other senior level executives, these invitation-only programs offer timely topics and strong networking. Learn More »
Social Responsibility's Strategic Benefits
December 15, 11:30 AM - 12:30 PM US/Eastern (GMT-5)
Join Ed Granger-Happ, CIO of Save the Children, for a discussion of how creating an organization that is socially responsible improves staffing, retention, leadership development and overall corporate health.
Working With and Communicating to Your Board of Directors
January 13, 2009, 4:00 PM - 5:00 PM US/Eastern (GMT-5)
CIO panelists who will share tips and experiences working with their boards: Twila Day of SYSCO; Jeff O'Hare, West Corp.; Marc West, formerly with H&R Block.
IT's Role in Growing Mid-Market Companies
January 14, 4:00 PM - 5:00 PM ET (GMT-5)
Mid-market Council members will share their companies' stories and challenges in driving or coping with growth. Panelists represent Veterinary Pet Insurance, Medicis Pharmaceutical, and Intrax Cultural Exchange.
Learn more about the CIO Executive Council »
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Microsoft and Yahoo Dismiss Report of Search Deal
Microsoft and Yahoo have dismissed a report that they're once again in discussions to sell Yahoo's online search business for $20 billion.
December 01, 2008 — IDG News Service —
Microsoft and Yahoo have dismissed a report that they're once again in discussions to sell Yahoo's online search business for $20 billion.
The Sunday Times wrote Microsoft had agreed to the "broad terms of a deal" but there was no guarantee that it would be completed.
"We continue to offer no comment on such rumors and speculation," according to a statement supplied by one of Microsoft's public relations agencies, Waggener Edstrom, in London on Monday.
A Yahoo spokeswoman also said the company had no comment on the report.
The Sunday Times wrote that Microsoft would bring in Jonathan Miller, the former CEO of AOL, and Ross Levinsohn, a former president of Fox Interactive Media, to manage a new team.
The Times also wrote that Microsoft seeks a 10-year agreement with Yahoo to run Yahoo's search business. Microsoft would have a two-year call option to buy that business for $20 billion. Yahoo would still run its own e-mail, messaging and content services, the paper wrote.
Microsoft began courting Yahoo earlier this year, offering $44.6 billion in February for the entire company, or around $31 per share. Yahoo's cofounder and then-CEO Jerry Yang held out for a higher offer, but Microsoft eventually lost interest.
Yahoo's stock has since quickly fallen along with the stock of many other technology companies that are feeling the effects of the global credit crunch. Yahoo's stock closed on Friday at $11.28 per share, putting its total market capitalization at $15.96 billion.
Yang stepped down as CEO last week after taking over in June 2007. The company has been under increasing pressure from investors such as Carl Icahn, who is one of Yahoo's directors, to either make a deal or change the company's management.
Copyright © 2008 IDG News Service. All rights reserved. IDG News Service is a trademark of International Data Group, Inc.
The Intelligent Enterprise
Mobility is Growing: Survey Shows Why CIOs are Concerned
The Move Toward Mobilization
The Case for A Specialized Security Platform
Protecting the Code: Technology Escrows Safeguards Critical Software
Optimizing Infrastructure Control
Enabling the Global Enterprise
Get a grip on your mobile workforce Webcast
Save with 0% Lease Offer on HP Servers and Storage
The State of the Great Windows Vista Migration and the Latest Research on What Real Customers Say
Liberation through Automation: How You Can Automate Your PC Deployment and Help Free Up IT Resources
Windows Vista: Essential Benefits and Deployment Strategies
Resource Alerts
Get instant email notifications by topic when white papers, webcasts, and case studies are added to our library.
AMD to Bring HD Gaming and Movies to Mobile Phones
Intel-Backed Enterprise 2.0 Suite is Discontinued
Wall Street Beat: IT Faces Tough Start to 2009
Dual-Mode Smartphones Help Boost Wi-Fi Shipments
Palm Announces WebOS and Pre Phone
Nokia Ends Production of Its Only WiMax Device
FAQ: How to Get the Windows 7 Beta
HP Aims TouchSmart Desktop PC at Businesses
Red Hat to host Second Life-like virtual JBoss trade show
Windows 7 Public Beta to be Available Friday
Just the basics, please. Sometimes we all need a refresher or we need to make sure our team and our colleagues are all on the same page.
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