Citing unnamed people familiar with the matter, the Wall Street Journal reported early Friday that the world’s largest software maker may be preparing to go straight to Internet pioneer Yahoo’s shareholders. An announcement was “likely” to come Friday, according to the report, though the newspaper said its sources cautioned that Microsoft may delay.
Chief Executive Steve [...]
Most Wall Street analysts believe Microsoft now faces a drawn-out proxy campaign to win its unsolicited takeover of Yahoo!
Forbes reports that Apple has agreed to purchase chip manufacturer P.A. Semi for $278 million. The company, founded in 2003, focuses on sophisticated, low-power chips that could possibly used in future models of the iPhone.
The decision to center the iPhone design around a chip that Apple could own marks a significant strategic choice by Apple [...]
The announcement that Yahoo and AOL may be closer to a deal to combine forces, as well as the possibility of help from News Corp in allowing Microsoft to acquire Yahoo, sparked heavy coverage in the major print and online news sources, with many stories appearing on the front pages of papers and Business sections. [...]