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World News Atlas    San Francisco Bay Area    Yahoo    2008

Yahoo, 2008 Timeline Thursday, September 4     Author
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Google offers to help Yahoo Yahoo officially rejects Microsoft's takeover  Yahoo Inc.'s board is saying that it 'substantially undervalues' the Web portal, but at the same time, left the door open for a counter offer Board meeting postponed to stave off bid Yahoo, Microsoft hold informal talks Microsoft gives Yahoo deadline for deal Google and Yahoo to share web ads Yahoo mum as Microsoft's deadline passes Microsoft walks away from Yahoo  Microsoft has dropped its 3-month-old bid to buy internet firm because the two sides cannot agree on an acceptable sale price Icahn Picks 10 Directors Microsoft gives Yahoo bid another go Yahoo postpones meeting, battle Icahn Investor steps up Yahoo campaign Yahoo-Google agree online ad deal  Yahoo has agreed a deal with Google which will see Yahoo use Google's advertising technology. Google ads will appear alongside Yahoo search ... M-soft wants to negotiate with new board Flickr turns to Getty to sell photos Yahoo turns down another Microsoft offer  Yahoo rejected an offer to sell its Internet search business to Microsoft. and leave the remainder of the company in control of Carl Icahn Board won support of major shareholder Yahoo, Icahn End Proxy Fight Board Re-Elected Revised vote reveals disdain for board Biondi, Chapple new board members Google, Yahoo made ad deal


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Summary.     Click for More > Microsoft makes unsolicited $44.6b bid
Feb.1
  Microsoft has made an aggressive bid to buy struggling behemoth, in hopes that the combined forces would create a formidable competitor Google.    The offer leaves the decision in the hands of Yahoo's board. In making the unsolicited public acquisition offer, MS is hoping to force Yahoo's investors to support the deal as they bemoan a slumping share price. The surprise of...
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Yahoo expected to cut hundreds of jobs Yahoo to lay off 1,000. Profit Drops 23% Microsoft makes unsolicited $44.6b bid


January 2008 ... more > Top ^

Jan.18  OpenID plan might simplify Web log-ins
Jan.21
Jan.29


February 2008 ... more > Top ^

Feb.1
  Microsoft has made an aggressive bid to buy struggling behemoth, in hopes that the combined forces would create a formidable competitor Google
 The offer leaves the decision in the hands of Yahoo's board. In making the unsolicited public acquisition offer, MS is hoping to force Yahoo's investors to support the deal as they bemoan a slumping share price. The surprise offer of $31 per share seizes on Yahoo's weakness while Microsoft tries to muscle up in a high-stakes battle with Google likely to define the technology for years to come. Yahoo said it will 'carefully and promptly' study the bid
Feb.3  Critics Question Potential Microsoft-Y Merger Feb.4 Google offers to help Yahoo  Eric Schmidt, Google's CEO, called Yahoo CEO Jerry Yang to offer help, just after Microsoft disclosed its $44.6 billion offer  Microsoft urges to accept bid quickly Feb.5  Yahoo running out of options Feb.9 Yahoo weighs outsourcing ads to Google
 Yahoo Will Reject Microsoft Feb.11 Yahoo officially rejects Microsoft's takeover
  Yahoo Inc.'s board is saying that it 'substantially undervalues' the Web portal, but at the same time, left the door open for a counter offer
Feb.12  Microsoft hints at hostile takeover Feb.13 Yahoo in talks with News Corp. Feb.15  Yahoo laying off 490 workers in California Feb.19  Gates: Microsoft Isn't Raising Yahoo Bid Feb.28  Yahoo calls Microsoft bid a distraction

March 2008 ... more > Top ^

Mar.5 Board meeting postponed to stave off bid  Yahoo has extended the deadline for nominating members to its board, a move that delays Microsoft from trying a hostile takeover Mar.15 Yahoo, Microsoft hold informal talks  Microsoft Corp. executives met with their counterparts to lobby for a friendly merger Mar.18  Report predicts 3 years of success

April 2008 ... more > Top ^

Apr.5 Microsoft May Cut Yahoo Bid
Microsoft gives Yahoo deadline for deal  The ultimatum, revealed in a letter from CEO Steve Ballmer to Yahoo's board, underscores impatience with the two-month merger saga Apr.7 Yahoo not opposed to deal with Microsoft Apr.8 Flickr photo site adds video Apr.9 Google and Yahoo to share web ads  The world's two biggest search engines, have announced a 2 week experiment that will see them share advertising space Apr.11 Fierce battle over Yahoo/Microsoft deal Apr.22 Earnings slightly exceed expectations Apr.24 Yahoo-Google Alliance Probed Microsoft Won't Increase Bid For Yahoo Apr.26 Yahoo mum as Microsoft's deadline passes  Yahoo Inc. is setting the stage for the next chapter in the three-month standoff of technology titan

May 2008 ... more > Top ^

May.2 Microsoft sweetened bid for Yahoo
May.3 Microsoft walks away from Yahoo
  Microsoft has dropped its 3-month-old bid to buy internet firm because the two sides cannot agree on an acceptable sale price.    CEO Steve Ballmer withdrew the offer in a letter to Yahoo chief executive Jerry Yang. Microsoft had raised its offer from $44.6bn to $47.5bn - $33 per shar...
May.4 CEO on hot seat after rebuffing Microsoft May.5 Shares Plummet After Microsoft Rejection May.13 Icahn considering attempt to oust board May.15 Icahn Picks 10 Directors
  Billionaire investor Carl Icahn officially launched an effort to unseat Yahoo board to pressure to restart merger talks with Microsoft May.17 Investor suit accuses of hiding evidence May.18 Microsoft gives Yahoo bid another go  Microsoft has made a new, downsized offer to cooperate with the Web portal while leaving the door open to a merger down the road May.21 T. Boone Pickens joins proxy contest May.22 Yahoo postpones meeting, battle Icahn  Yahoo postponed a looming showdown for control of its board, giving itself more time to prepare a defense or negotiate a sale to Microsoft May.31 e-mail security program gains acceptance

June 2008 ... more > Top ^

Jun.2 Documents show Yahoo-Microsoft saga
Jun.4 Investor steps up Yahoo campaign  Outraged by new details about Yahoo efforts to complicate Microsoft takeover bid, Carl Icahn says he believes Yahoo's board will have to be ... Icahn tells board to scrap severance plan Jun.10 Yahoo woos shareholders Jun.12 Yahoo-Google agree online ad deal
  Yahoo has agreed a deal with Google which will see Yahoo use Google's advertising technology. Google ads will appear alongside Yahoo search results.    The agreement with Google could be worth up to $800m in additional revenue every year. Recent Yahoo-Mic...
Jun.17 Shareholder wants to oust 4 from board Jun.26 Yahoo shakes up management Jun.30 Defense against Icahn taken to investors

July 2008 ... more > Top ^

Jul.1 Google-Yahoo ad deal probed
Jul.2 Microsoft Exploring Partnership For Yahoo Jul.3  Shares soar on new takeover rumor Jul.7 M-soft wants to negotiate with new board  Microsoft threw its weight behind investor Icahn's effort to oust Yahoo board next month Jul.9 Flickr turns to Getty to sell photos  A popular online photo-sharing site is teaming up with Getty Images to offer shutterbugs a chance to turn their hobby into a moneymaker Jul.13 Yahoo turns down another Microsoft offer
  Yahoo rejected an offer to sell its Internet search business to Microsoft. and leave the remainder of the company in control of Carl Icahn.    The complex deal would have meant a major dismantling of Yahoo; the sale of its coveted search e...
Jul.19 Board won support of major shareholder  The board won the support of Legg Mason Inc.'s Capital Management unit, providing a much-needed boost to fend off shakeup by Icahn Jul.21 Yahoo, Icahn End Proxy Fight
  Yahoo is giving billionaire investor and 2 of his nominees seats on an expanded board, ending a high profile-fight for control of the Web portal Jul.23  CEO Upbeat Despite 2Q Results Jul.29 Pickens Rips Yahoo Honchos

August 2008 ... more > Top ^

Aug.1 Board Re-Elected
  Leadership faced only a smattering of criticism at the annual meeting today over their handling of a failed Microsoft takeover bid Aug.5 Revised vote reveals disdain for board  Yahoo has revised the results of a closely watched shareholder vote on its much-maligned board after discovering an error by a tabulation fi... Aug. 14 Biondi, Chapple new board members  Yahoo will add the former chief executives of Viacom and Nextel Partners to its board of directors as part of the company's deal Fri. Google, Yahoo made ad deal  Google CEO Eric Schmidt: Google Inc. and Yahoo Inc. will start a high-profile advertising partnership by early October