Microsoft to Purchase Yahoo? [Updated]
Reuters reports on rumors that have started circulating that Microsoft is in talks about acquiring Yahoo Inc.
Investment bank Goldman Sachs is advising on the process, the paper said. The bank declined to comment. One banking source said that investment banks had been pitching Microsoft on the idea of buying Yahoo for months.
Yahoo's stock has jumped up almost 18% in response to the rumors. According to the reports, the companies have held "informal" talks over the years, but this latest round comes after increasing competition from Google. Google recently acquired online advertising company DoubleClick Inc, which Microsoft was also pursuing. After the deal was made, Microsoft urged U.S. regulators to scrutinize the potential deal on anti-trust grounds.
"The minute you hear Microsoft start arguing against something on antitrust grounds, you know they are desperate and need to do something big," said one [NYPost] source.
While not directly Apple related news, the implications of a Microsoft-Yahoo acquisition would be far reaching.
Update: The Wall Street Journal is stating that the deal is unlikely to happen.
...the merger discussions are no longer active, these people say. The two companies may still explore other ways of cooperating.
Popular Stories
Game emulator apps have come and gone since Apple announced App Store support for them on April 5, but now popular game emulator Delta from developer Riley Testut is available for download. Testut is known as the developer behind GBA4iOS, an open-source emulator that was available for a brief time more than a decade ago. GBA4iOS led to Delta, an emulator that has been available outside of...
The first approved Nintendo Entertainment System (NES) emulator for the iPhone and iPad was made available on the App Store today following Apple's rule change. The emulator is called Bimmy, and it was developed by Tom Salvo. On the App Store, Bimmy is described as a tool for testing and playing public domain/"homebrew" games created for the NES, but the app allows you to load ROMs for any...
Last September, Apple's iPhone 15 Pro models debuted with a new customizable Action button, offering faster access to a handful of functions, as well as the ability to assign Shortcuts. Apple is poised to include the feature on all upcoming iPhone 16 models, so we asked iPhone 15 Pro users what their experience has been with the additional button so far. The Action button replaces the switch ...
A decade ago, developer Riley Testut released the GBA4iOS emulator for iOS, and since it was against the rules at the time, Apple put a stop to downloads. Emulators have been a violation of the App Store rules for years, but that changed on April 5 when Apple suddenly reversed course and said that it was allowing retro game emulators on the App Store. Subscribe to the MacRumors YouTube channel ...
iOS 18 is expected to be the "biggest" update in the iPhone's history. Below, we recap rumored features and changes for the iPhone. iOS 18 is rumored to include new generative AI features for Siri and many apps, and Apple plans to add RCS support to the Messages app for an improved texting experience between iPhones and Android devices. The update is also expected to introduce a more...
