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Yahoo Inc has pulled out of discussions over buying a stake in America Online Inc leaving Microsoft Corp and Google Inc as the leading potential suitors
The decision to abandon the talks came after Yahoo chief executive Terry Semel and chief finance officer Susan Decker met in late October with Time Warner executives in New York said Yahoo spokeswoman Joanna Stevens
Stevens said Yahoo had politely passed on proposed terms and walked away from any interest in a deal
Two people close to the discussions said a key stumbling block was Time Warner Incs insistence that it retain majority ownership in the unit...
Gates memo warns of 'disruptive' changes | Tech News on ZDNet
Aiming to stir up the same kind of momentum as his Internet Tidal Wave memo of a decade earlier Microsoft Chairman Bill Gates has penned a memo outlining the challenges Microsoft faces from a host of online competitors
This coming services wave will be very disruptive Gates said in an Oct 30 email to top Microsoft employees which was seen by Newscom We have competitors who will seize on these approaches and challenge us
In the memo Gates cites an earlier missive from Ray Ozzie outlining the importance of tapping online advertising and services as new revenue sources...
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