Ballmer rejects notion of new Microsoft-Yahoo deal
Microsoft CEO Steve Ballmer rejected a public suggestion by Yahoo CEO Jerry Yang that Microsoft should take another look at his struggling Web search company. Speaking in Sydney, Australia, Ballmer said Microsoft has moved on since bidding (and rebidding) for Yahoo and then retracting its offer earlier this year. Ballmer did leave the door open to a potential partnership, according to reports. Earlier this week, Google walked away from a proposed ad deal with Yahoo, citing regulatory concerns.
"We made an offer, we made another offer, and it was clear that Yahoo didn't want to sell the business to us and we moved on," Ballmer said, according to the Associated Press. "We are not interested in going back and relooking at an acquisition. I don't know why they would be either, frankly. They turned us down at $33 a share." Yahoo's per-share price was just under $14 on Thursday.
Microsoft moves in on Google's Verizon search deal
Microsoft is maneuvering to steal a deal from Google to place its search engine and advertising on Verizon's cell phone homepages, The Wall Street Journal reported Friday. Microsoft offered more generous revenue sharing than Google and a guarantee of higher payments to Verizon, sources told The Journal. Google wants Verizon to make its search engine the default on most Verizon phones. Google has been under the scope of the U.S. Department of Justice, which was looking into its proposed partnership with Yahoo. Google walked away from that deal earlier this week. Verizon is the No. 2 wireless carrier by subscribers, but will become No. 1 once its acquisition of Alltel Wireless is complete.
Sage Software launches BusinessWorks 50 Accounting 2009
Sage BusinessWorks 50 Accounting 2009 software for small and medium-sized businesses (SMBs) is now available. The new package promises simpler access to data and deposit tracking. A new customer-specific pricing feature makes it easier for a business to customize pricing on a case-by-case basis and allows unlimited line items on quotes, sales orders and purchase orders. The upgrade is free to supported customers. Otherwise the software, including General Ledger, Accounts Payable, Accounts Receivable and Cash Management, plus a year of support, lists for $1,694.
Check out yesterday's IT channel news briefs.