Bits: How Google’s Checkbook Stymied Microsoft
Google was very much the spoiler in the Microsoft-Yahoo deal. But its most effective weapon was not threats or coercion, but its very effective, and unconventional, use of its own checkbook.
Walking away could turn out best for Yahoo and Microsoft
Sure, things look rough for Yahoo Inc. and Microsoft Corp. now that they couldn’t agree on a deal. Yahoo’s stock has cratered, and Microsoft has to figure out another way to catch up in the online ad market, a flaw so big it was willing to pay $47.5 billion to fix it….
WTO gives Japan until September to change chip import rules
GENEVA (AP) — The World Trade Organization is giving Japan until Sept. 1 to change its punitive charges on imports of South Korean computer memory chips….
EU urged to reject 3 new biotech crops
BRUSSELS, Belgium (AP) — Environmental groups appealed to the European Union on Monday to reject applications from the biotech industry to approve one newly engineered potato variety and two corn crops….
Yahoo shares fall 14 percent after Microsoft withdraws bid
SAN FRANCISCO (AP) — Yahoo shares fell 14 percent Monday as hopes for the once-dominant Internet icon dimmed following Microsoft’s withdrawal of a $47.5 billion takeover bid….