The Wall Street Journal is reporting that Microsoft is to ‘Devote $1.5 Billion to Retaining Yahoo Employees.’ WSJ reports that the ‘plan was revealed in court transcripts regarding a suit by shareholders against Yahoo’s directors.’ According to the report Yahoo directors are being sued by shareholders . They ‘feel that Yahoo hasn’t responded in good […]
Keeping Up with the Search Engines
Yahoo! and Microsoft continue their game of chess concerning Microsoft’s unsolicited takeover proposal of Yahoo! on January 31 2008. News came out of Yahoo! yesterday that they are projecting to ‘roughly double operating cash flow over the next three years.’ This news was apparently presented to the Yahoo! board of directors back in December of […]