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And by “Creating Value,” I Mean Getting Rid of Yang and Bostock …

ballmerfingers.jpgJust because Microsoft (MSFT) “reserves the right” to reconsider its unsolicited offer to acquire Yahoo (YHOO), doesn’t mean it will do so. Indeed, to hear Microsoft CEO Steve Ballmer tell it, nothing could be further from the company’s mind. Speaking at the launch of Microsoft’s new research and development center in Herzliya, Israel, Ballmer said Microsoft is no longer interested in purchasing Yahoo outright. “We are not bidding to buy Yahoo,” Ballmer said. “Yet, we are trying to have discussions about deals with Yahoo that might create value, but not a whole acquisition of the company.”

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John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more »

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