Yahoo's chairman and chief executive tell shareholders that Microsoft’s alternative deal would have chained the Web portal to the software giant, limiting its future options.

Yahoo Inc. is trying to "whitewash embarrassing documents" from an investor lawsuit that accuses the Sunnyvale Web portal of improperly rejecting a takeover bid by Microsoft Corp., an attorney representing two Detroit pension funds complained Friday. In a...

Yahoo Inc. is trying to "whitewash embarrassing documents" from an investor lawsuit that accuses the Sunnyvale Web portal of improperly rejecting a takeover bid by Microsoft Corp., an attorney representing two Detroit pension funds complained Friday. In a...

Yahoo Inc. is trying to "whitewash embarrassing documents" from an investor lawsuit that accuses the Sunnyvale Web portal of improperly rejecting a takeover bid by Microsoft Corp., an attorney representing two Detroit pension funds complained Friday. In a...

Yahoo Inc. is trying to "whitewash embarrassing documents" from an investor lawsuit that accuses the Sunnyvale Web portal of improperly rejecting a takeover bid by Microsoft Corp., an attorney representing two Detroit pension funds complained Friday. In a...

SAN FRANCISCO (MarketWatch) - Some Wall Street analysts are expressing doubt that billionaire activist investor Carl Icahn would be successful in putting Yahoo back into merger talks with Microsoft if he decides to mount a proxy battle for control of the Web portal's board.

SAN FRANCISCO (MarketWatch) - Technology stocks rose at the opening bell Wednesday while Yahoo Inc. turned in mixed trading following reports that billionaire activist investor Carl Icahn is considering mounting a proxy war on the beleaguered Web portal.

Although badly bruised, Yahoo Inc. has the strength to stand alone in the aftermath of Microsoft Corp.'s abandoned takeover bid, provided the Sunnyvale Web portal can execute its strategy of making itself the premier destination for Web surfers and the...

Microsoft and Yahoo executives reportedly were in serious talks Friday, hoping to hammer out a deal that would let the software leader acquire the Web portal on friendly terms.