Reports emerged today that Yahoo's board will be formally rejecting Microsoft's $44.6 billion takeover bid for Yahoo on Monday, according to "a person familiar with the situation",
Formal details will be revealed Monday but one of the claims is that the bid "massively undervalues" Yahoo. Analysts, however, say that the Yahoo board is obligated to reject Microsoft's first offer as a duty to their shareholders to get the best possible price for the company.
"You would expect Yahoo's board to reject Microsoft at first," Marlin said. "If they didn't, they would be accused of malfeasance."
Others speculate that Microsoft is prepared to up their bid from $31/share to as high as $35/share as part of the negotiation. This being said, its been no secret that Yahoo's co-founder and CEO, Jerry Yang, is reluctant for his company to join Microsoft.
If this rejection is final, however, Microsoft has the option of taking the matter directly to the shareholders, and bypass the board of directors entirely.
Wednesday September 2, 2026 12:35 pm PDT by Joe Rossignol
Apple has added a new "iPhone Handoff" feature to iOS 27 that will allow you to switch between two iPhones while using the same phone number on each device.
This functionality was briefly mentioned during the WWDC 2026 keynote in June, on a slide that listed hundreds of new features coming in iOS 27 and corresponding software updates, but Apple never shared any further details at the time.
...
Thursday September 3, 2026 3:41 am PDT by Tim Hardwick
Less than a week before Apple debuts new iPhone 18 Pro models, research firm TrendForce has estimated the prices of the devices based on the latest hardware cost environment.
TrendForce's price estimates compared to last year's models look like this:
Model
Starting Price
Model
Starting Price
Change
iPhone 17 Pro
$1,099
iPhone 18 Pro
$...
Thursday September 3, 2026 7:33 am PDT by Joe Rossignol
Ahead of Apple's event on Wednesday, September 9, where it is expected to unveil its first-ever foldable iPhone, Taiwanese research firm TrendForce today outlined the device's estimated price range, features, and some other key details.
In the U.S., TrendForce estimated that the foldable iPhone will have a starting price of $2,099 to $2,299 and said the highest-end configurations could...
