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Day in Tech History: May the 4th be With You, 2008: Yahoo Loses Microsoft
Yahoo!
2008 – After months of bid negotiations and Yahoo’s Jerry Yang saying “No”, Microsoft decided to take their $50 billion dollar offer off the table. Although Microsoft pulled the offer, it was not the last time we would hear about it. Carl Icahn would lead a charge to try and re-instate selling or have Yang off the Yahoo board.
On February 1st, 2008, Microsoft offered $45 billion ($31 / share) to purchase Yahoo! Ultimately, in 2009 Carol Bartz sold Yahoo search technology to Microsoft in a 10-year agreement, which (in an updated agreement on April 2015) may be terminated on October 1st, 2015.
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In Wisconsin, friends are called "Sconnies". Even if you're not from Wisconsin, you can be part of the Sconnie Geek Nation through my coverage! By pledging, you join the Geek Sconnie Nation! Plus, you help me cover costs so I can continue the coverage of Gadget tech, music tech, and geek culture through the shows.
* “I Love You” virus hits computers
* AOL repairs glitch so Apple Macs can use the service
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Yahoo!
2008 – After months of bid negotiations and Yahoo’s Jerry Yang saying “No”, Microsoft decided to take their $50 billion dollar offer off the table. Although Microsoft pulled the offer, it was not the last time we would hear about it. Carl Icahn would lead a charge to try and re-instate selling or have Yang off the Yahoo board.
On February 1st, 2008, Microsoft offered $45 billion ($31 / share) to purchase Yahoo! Ultimately, in 2009 Carol Bartz sold Yahoo search technology to Microsoft in a 10-year agreement, which (in an updated agreement on April 2015) may be terminated on October 1st, 2015.
Subcribe to Day In Tech History:
RSS Feed (http://www.dayintechhistory.com/feed/podcast) - iTunes (https://itunes.apple.com/us/podcast/day-in-tech-history/id327099657) - Google Play (https://goo.gl/app/playmusic?ibi=com.google.PlayMusic&isi=691797987&ius=googleplaymusic&link=https://play.google.com/music/m/Iz4h5tnpyty3omnj2ocsmbwebdm?t%3DDay_in_Tech_History) Twitter (http://twitter.com/dayintechhist) - Facebook (http://Facebook.com/dayintechhistory)
- RSS Bandwidth by Cachefly (http://www.cachefly.com/) Get a 14 Day Trial
Be a Part of the Sconnie Geek Nation! (http://patreon.com/geekazine)
In Wisconsin, friends are called "Sconnies". Even if you're not from Wisconsin, you can be part of the Sconnie Geek Nation through my coverage! By pledging, you join the Geek Sconnie Nation! Plus, you help me cover costs so I can continue the coverage of Gadget tech, music tech, and geek culture through the shows.
* “I Love You” virus hits computers
* AOL repairs glitch so Apple Macs can use the service