Microsoft Corp.’s (Nasdaq: MSFT) soon-to-debut operating system – Windows 7 is one of the company’s fastest, most stable versions of Windows yet, and a pre-release version is generating an overwhelmingly positive buzz.
U.S. stock index futures pointed to a higher open on Wall Street on Friday as a recent spate of improving economic data beckoned investors back into equity markets for a second day.
It’s got to be frustrating for Jerry Yang. The 40-year-old co-founder and CEO of Yahoo! Inc. (YHOO) is sitting on top of the world’s most popular web site, yet he can’t compete with Google Inc.’s (GOOG) more effective search-engine advertising machine.
Shares of Yahoo! Inc. (YHOO) tumbled 15% yesterday (Monday) to close at $24.37 a share as investors responded to Saturday’s news that Microsoft Corp. (MSFT) would drop its $47.5 billion dollar bid for the beleaguered search engine firm.
But the tough times are just beginning for Yahoo, which must now prove why it is worth more than the lofty price Microsoft was offering.