Microsoft CEO to Yahoo: We’ve Moved On

Steve_Ballmer_CEO_Microsoft.jpgMicrosoft chief executive Steve Ballmer said last night while in Australia that a Yahoo acquisition is no longer under consideration—and that’s no matter what Jerry Yang may be saying to the press.

VentureBeat reports that Yahoo’s stock price has plummeted another 15 percent today, as reports of the “non-news” circulated around after rumors earlier in the week that the two companies were in fact talking again.

“Look, we made an offer, we made another offer,” Ballmer said yesterday at the Committee for Economic Development of Australia in Sydney. “It was clear that Yahoo didn’t want to sell the business to us, and we moved on… We tried at one point to do a partnership around search, not advertising. That didn’t work either, so we moved on, and they moved on.

“We are not interested in going back and re-looking at an acquisition,” he said. “I don’t know why they would be either, frankly.”

Related Stories
Mediabistro Course

Social Media Metrics

Social Media MetricsStarting September 4, work with a social media manager to monitor, measure and optimize your social media efforts! Danielle Brigida will teach your how to sift through web analytics, Facebook Insights, and Twitter mentions to develop a comprehensive reporting and tracking system for your brand. Register now!