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.
Monday October 19, 2026 9:37 am PDT by Joe Rossignol
Apple today sent out invites for an experience in Los Angeles on Wednesday, October 28, and the "Pro and tell" tagline on the invitation likely means that the rumored MacBook models with touch-enabled OLED displays will stick with MacBook Pro branding instead of the once-rumored "MacBook Ultra" name.
The long-rumored "iPhone Ultra" ended up being named iPhone Duo, so speculation that Apple...
Tuesday October 20, 2026 11:12 am PDT by Juli Clover
With just three days to go until the iPhone Duo is released, Apple is getting ready for the launch. Behind the scenes, the App Store now has screenshots of Apple's built-in apps running on the Duo. We've seen some apps in marketing materials, but images of the ones we haven't seen give us an idea of what it will be like using the iPhone Duo day to day.
Many apps are shown in landscape...
Monday October 19, 2026 9:05 am PDT by Juli Clover
Apple's Greg Joswiak today hinted at new product announcements coming next week, sharing a social media post that says "Can't wait to pro and tell next week."
Rumors suggest Apple is planning to debut the new MacBook Pro with an OLED touchscreen display, an M6 entry-level MacBook Pro, an M6 iMac, an iPad mini with an OLED display.
Can't wait to pro and tell next week....
Apple's first foldable iPhone, with a book-style design featuring a 5.4-inch outer display and a 7.6-inch inner display with a minimal crease down the middle.
