Microsoft withdraws offer for Yahoo- China - News Brief

Microsoft announced an unexpected 44.6-billion-dollar bid for Yahoo Friday, as a latest move by the software giant to challenge Google's dominance of the lucrative online search and advertising markets.(Xinhua/Reuters File Photo)

The Yahoo headquarters in Sunnyvale, California.(Xinhua/AFP File Photo)

Microsoft has withdrawn its offer for Yahoo, Microsoft CEO Steve Ballmer said on Saturday.

"After careful consideration, we believe the economics demanded by Yahoo! do not make sense for us, and it is in the best interests of Microsoft stockholders, employees and other stakeholders to withdraw our proposal," Ballmer said in a letter to Yahoo Chief Executive Jerry Yang.

Editor: Yan

By: Source: China View website

Guangdong Hakka Museum opens in Meizhou

The 102nd Canton Fair unveils new logo

[Group Photo]The Zhuxian Cave in Zhuhai

Hu attends opening ceremony of Shenzhen Bay Port

Pirates of the Caribbean 3 premieres in China

This site contains material from other media for content enrichment purpose only.
The Southcn.com website do not endorse such content and do not bear the joint responsibility of their copyright infringement.
The views expressed in written material posted to the bulletin boards of Southcn.com are those of the authors and/or publishers. The Southcn.com website does not endorse information products posted by organizations and individuals here. The originators of these information products are solely responsible for their content.
For copyright infringement issues, you shall contact Southcn.com within thirty (30) days. Email: falv@southcn.com

If you find any error in this page, please drag your mouse to mark the text with error, then press "CTRL" and "ENTER", to inform us. Thanks for your help!

Home | About Us | Contact Us | Site Map | Chinese


	Museum
University
	Eat
Shopping
	Night Life
Weather
	Phone Num
Consulate
	Airport
Travel Tips