The story issued in today’s edition of Wall Street Journal in regards to yet another Yahoo takeover attempt was incorrect. And unlike the story released by The Times over this weekend, which was almost similarly fabricated (with both publications News Corp.-owned), this one had direct effects on the market.

The story released today has Jonathan Miller, former CEO of AOL, out to pitch private equity fund for raising $28 - $30 billion in an attempt to acquire Yahoo.

Miller, in association with his partner at Velocity Interactive Group, Ross Levinsohn, was also holding the center stage in the weekend story released by The Times.

Sources reveal that while Levinsohn & Miller have been maintaining regular contacts with Microsoft & Yahoo shareholders and executives for months in regards to the future of Yahoo, they haven’t yet made any discussions with private equity funds for raising capital in order to take over the organization.

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According to Comscore monthly figures, in the US search market, Google’s market share has climbed up by a percentage point in the records of the past month and it’s getting even closer to two-thirds mark.

The Comscore released figures for August doesn’t give a nice reading for Google’s major search rivals including Yahoo and Microsoft.

In the US, almost sixty-three percent web searches are made via Google while Yahoo with its 19.6 per cent searches is languishing far behind. In Yahoo searches, there is a fall of almost 1% on data from July. Read the rest of this entry »

At Yahoo’s annual meeting in California, Chief executive Jerry Yang succeeded to win the support of 85% investors.

However, some investors criticized the firm on not to agreeing a $47.5bn buyout offer from Microsoft.

During the meeting, a shareholder Eric Jackson of Ironfire Capital asked Chairman Roy Bostock to step down from the post.

“Bostock must do an honorable thing and resign from the board,” stated Eric Jackson, an investor from Ironfire Capital.

Eric also accused that Bostock overplaying his hand with Microsoft.

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Private testing of Windows 7 is poised to begin at any time to ship it till late 2009. To pass over Windows vista all at once or to wait for Windows 7 in its place, many business users are mulling over it.

It’s not surprising at all that Microsoft is recommending users against taking a pass on vista. Microsoft is supporting business users to migrate to Vista sooner as it is a part of a new white paper to influence business users who are considering when and whether to shift to Windows Vista.

The white paper “The Business Value of Windows Vista: Five Reasons to set up now” just repeats the business features Microsoft developed into Vista and emphasizes some of the new installed tools and case-study examples of the companies who moved to Vista, otherwise, it doesn’t comprise numerous new data.

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Microsoft recently announced that they plan to cut the price on several retail versions of their newest operating system, Windows Vista. As you can imagine, this is a move that comes to a shock to many. In fact, this move is one that nobody saw coming; even though Vista has been struggling to keep up, and it has taken a lot of flack from first time users.

In the United States, Microsoft has decided to greatly reduce the price of the high end version known as Vista Ultimate. The price of Vista Ultimate has fallen to $219 from a previous retail price of $299. Additionally, prices for the popular Home Premium addition are also being reduced from $159 to $129. As you can see, these are no small price reductions.

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Microsoft has been fined $1.35 billion by the European Union for failing to comply with sanctions. Believe it or not, this is a record fine, and one that the European Union and Microsoft are taking seriously. After all, anytime that a company is fined in excess of one billion dollars it is sure to be big news.

Although this news is moving into the public eye once again, it stems from a 2004 ruling. Generally speaking, Microsoft is being fined because they neglected to share information with its competition on how to interoperate with its many software applications.

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Yahoo had already informally rejected Microsoft’s initial bid. However, the giant software company is still waiting for Yahoo’s formal letter of rejection before moving forward towards its next plan. Microsoft’s next step is most likely to appoint a new set of directors which should be done by March 14.

Microsoft could not see a possible reason for increasing its bid for Yahoo. A reliable source had stated that Microsoft is not up to bidding against itself until Yahoo shows up and become willing to cooperate in the bargaining table. New York Times Deal Book had stated that Microsoft is willing to move forward with proxy battle with Yahoo.

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Great news for amateur game developers, they can now share their very own games with Xbox via its own live online service powered by Microsoft. The company had initiated a new service that allows game creators to develop and share their games with other players online.

This launch by Microsoft and Xbox builds a new generation of online community. Microsoft’s Chris Satchell released a statement on this new launch at the Game Developers’ Conference which was held in San Francisco. Satchell told amateur game developers that through this online service community, 10 million individuals will be able to play their games. Satchell also thinks of this new concept of gaming experience as every video gamer’s territory wherein they will be creating and managing their games while everyone is welcome to play them.

This system of game distribution will allow everybody to enjoy home-brewed games created by these amateur creators. Furthermore, Microsoft is set to release a sequel to Gears of War. This will surely cause a great deal of excitement among the avid followers of this popular game. Gears of War had been reported to earn 4.5 million dollars accounting for its phenomenal success.

Tools which are called XNA which opens great opportunities for amateur video game developers to brew games specifically for Xbox 360 and Windows are being distributed by Microsoft for free. However, the games cannot be shared yet as of now. As of the present, above 400 universities are currently utilizing the XNA tools. Based on reports, XNA package had already acquired an amazing number of downloads which was accounted to be more than 800,000 times.

Satchell describes this as democratisation, both of development as well as in the distribution. Head of Xbox Live services, John Schappert, mentioned that they want to unlock the potential in every game developer. They believe that there are thousands of amateur game creators / developers who deserve an opportunity to unleash their potentials and share the fruits of their skills and talents within a community that shares a common field of interest.

Moreover, Microsoft made an announcement regarding its plan to build a model for sharing revenues. This model is specifically for all the community games distributed by the amateur creators to Xbox Live online service. This launch by Microsoft and Xbox Live can serve as an inspiration for all game developers to further hone their abilities and release their potential in brewing games which can be enjoyed by players from all over the world.

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RELEVANT LINK: http://news.bbc.co.uk/1/hi/technology/7255866.stm