Jerry Yang

Time Warner says ex-exec can't join Yahoo's board

By Yi-Wyn Yen

SAN JOSE, Calif. - Yahoo's shareholder meeting on Friday was pretty dull, but that didn't stop things from getting ugly for the troubled Internet portal as both Time Warner and Microsoft signaled their dissatisfaction with the company.

Time Warner (TWX) (Fortune's parent company) said that ex-AOL chief executive Jonathan Miller cannot join Yahoo's board because of a non-compete agreement, although Yahoo (YHOO) announced the nomination last week. Meanwhile, Microsoft MORE

Battle for Yahoo may turn hostile soon

By Yi-Wyn Yen

The deadline that Microsoft set three weeks ago for Yahoo (YHOO) to accept its buyout offer passed this weekend without either side making a move. While some analysts expect Microsoft to launch a hostile bid, it's possible that CEO Steve Ballmer will follow through on his threat and walk away from the deal.

The three-month-old battle between Microsoft and Yahoo could come to a head fast. Yahoo has repeatedly MORE

It's showtime for Microsoft-Yahoo

Yahoo has until Saturday to accept Microsoft's offer. Courtesy of Yahoo.

By Yi-Wyn Yen

The Microsoft-Yahoo standoff could get ugly fast.

Saturday is the deadline that Microsoft set three weeks ago for Yahoo (YHOO) to accept its buyout offer - or face the possibility of a hostile bid or a decision by Microsoft to abandon the deal altogether. The April 26 deadline brings to a head three months of high-profile jockeying during which MORE

Yahoo's last stand

By Yi-Wyn Yen

It's time for Microsoft to sweeten the bid.

Hours before Yahoo (YHOO) beat easy quarterly estimates on Tuesday, Microsoft CEO Steve Ballmer said his company wouldn't raise its $43 billion offer no matter how well Yahoo performed. Nevertheless, Ballmer must up the ante if Microsoft (MSFT) intends to get a deal done with Yahoo.

In a call with analysts Tuesday, Yahoo CEO Jerry Yang signaled that his company wasn't interested MORE

Why Yahoo can't afford to disappoint

By Yi-Wyn Yen

Is Yahoo bluffing?

Wall Street, which has spent weeks trying to read CEO Jerry Yang's poker face, will finally get an answer when Yahoo (YHOO) shows its cards and reports earnings after the closing bell Tuesday.

Expectations are high as Yahoo, Microsoft's No. 1 takeover target, attempts to convince investors that it's worth more than Microsoft (MSFT) is currently willing to pay. Yahoo has until Saturday to accept Microsoft's $43 MORE

Yahoo's big gamble

By Yi-Wyn Yen

It's been more than a month since Microsoft announced its initial bid to buy Yahoo for $44.6 billion. That's led to a lot of speculations and rumors about what is and isn't happening. But one thing is certain. Yahoo isn't ready to shake hands with Microsoft yet.

Wall Street widely believes that a marriage between the two Internet frienemies is inevitable, but Yahoo (YHOO) says it needs more time MORE

Yang breaks silence on Microsoft takeover

By Yi-Wyn Yen

PHOENIX -- Yahoo chief executive Jerry Yang knew exactly what was on everyone's minds at the Interactive Advertising Bureau conference on Monday.

In their first public appearance since Microsoft's hostile $44.6 billion bid for Yahoo, Yang and Yahoo (YHOO) president Susan Decker each gave a 15-minute speech about Yahoo's online ad strategy to a crowd of 400 industry players. Yang then kicked off a brief Q&A session with a MORE

Yang tries to reassure shareholders

By Michal Lev-Ram

Yahoo chief executive Jerry Yang sent a letter to the Internet company's shareholders late Wednesday in an effort to justify the company's decision to reject Microsoft's $44.6 billion buyout bid.

According to a document filed with the Securities and Exchange Commission, the letter was supposed to outline "the reasons the board believes that Microsoft's (MSFT) proposal significantly undervalues Yahoo (YHOO) and is not in the best interests of Yahoo MORE

Do or die time for Yahoo

By Michal Lev-Ram

Time is running out for Yahoo: Shareholders are starting to agitate, competitors are reportedly poaching employees and, following the rejection of its $44.6 billion bid for the Internet pioneer, Microsoft may be on the verge of instigating a hostile takeover.

What's more, it appears Yahoo has few defenses -- if any -- against the software giant. That's partly because Yahoo (YHOO) does not have a "staggered" board, meaning all MORE

Yang tells Yahoos to keep the faith

By Michal Lev-Ram

Jerry Yang's memos to fellow Yahoos are becoming an almost daily ritual at the Sunnyvale, Calif.-based company. The chief executive officer of the Internet pioneer -- which just turned down Microsoft's (MSFT) $44.6 billion buyout bid -- sent another letter to his employees Monday, explaining the board's decision.

"As you'll see from the news release we issued today, our board of directors has reviewed Microsoft's unsolicited proposal with MORE