MANILA, Philippines - Internet company Yahoo! has formally opened a full-fledged Philippine subsidiary to strengthen the brand, four months after it appointed a team to look after its local operations.

Federal antitrust regulators have cleared activist billionaire investor Carl Icahn's purchase of another $1.5 billion of shares of Internet company Yahoo Inc. Icahn launched a proxy fight last month to remove Yahoo's board of directors after the Sunnyvale, Calif.-based company rejected Microsoft Corp.'s last takeover bid of $47.5 billion bid. He has called Yahoo's actions "irrational" and ...

Federal antitrust regulators have cleared activist billionaire investor Carl Icahn's purchase of another $1.5 billion of shares of Internet company Yahoo Inc.

Federal antitrust regulators have cleared activist billionaire investor Carl Icahn's purchase of another $1.5 billion of shares of Internet company Yahoo Inc.

Steve Ballmer, head of US software giant Microsoft, said Tuesday latest quarterly performance results from the Internet company Yahoo would not influence the price his company was prepared to pay for a takeover.

Steve Ballmer, head of US software giant Microsoft, said Tuesday latest quarterly performance results from the Internet company Yahoo would not influence the price his company was prepared to pay for a takeover.

The Web company struggles to decide whether it could remain independent or must surrender to an unsolicited takeover by Microsoft Corp. Technology giant Microsoft Corp said on Friday that it had offered to acquire Internet media company Yahoo Inc for $44.6 billion in cash and stock.

US Internet company Yahoo on Monday rejected software giant Microsoft's three-week ultimatum to accept a takeover offer, but left the door open to a higher bid.

Yahoo is not opposed to a deal with Microsoft but Microsoft should pay more than $31 a share if it wants to buy the company, Yahoo plans to say in a letter to Microsoft, a person familiar with the matter said on Sunday.

Type verification code in the box and submit. New York: Software-giant Microsoft has no intention of increasing its multi-billion takeover bid for internet company Yahoo!, the Wall Street Journal reported Tuesday.