What Ballmer means: Jerry, you are making us both look bad. It's time to get in gear, and if I have to bring on the irate dancing monkey and go straight to the shareholders, I will.
Microsoft Corp. Chief Executive Steven A. Ballmer threatened Yahoo Inc. directors with a hostile takeover of the company if they don't reverse course and agree to a deal within the next three weeks.
Microsoft on Saturday issued an ultimatum to Yahoo, giving the Internet search pioneer three weeks to enter formal merger negotiations and conclude a deal.
The software giant threatened to launch a proxy fight to unseat Yahoo's board of directors, as well as take its case straight to Yahoo investors should no deal be reached in that period.
And as a further cattle prod in getting a deal consummated, Microsoft threatened to lower its existing bid, citing how Yahoo's value will be hurt if it needs to resort to such hostile means.
“It's all very similar to what you find in those infamous OOXML abuses, wherein Microsoft just sets the deck and games the system...”This is not exactly a topic for us to cover because it's broad and would most likely prove to be a distraction, but if you have watched this saga since the beginning, then you would know that Microsoft urged various parties (proxies) to legally assault Yahoo and apply pressure to it. Additionally, Microsoft tries to grab seats on the board (squeezing in 'insiders', potentially secretly, according to last week's reports) so as to make Yahoo more 'compliant' until it re-evaluates the offer, this time deciding 'properly'.
It's all very similar to what you find in those infamous OOXML abuses, wherein Microsoft just sets the deck and games the system by ensuring only obedient people are to vote, or at least a sufficiently-large majority of them. Watching what Microsoft has done to Yahoo so far is painful because the tactics are truly appalling.
Listed below are headlines we have accumulated and they are sorted roughly chronologically to tell you the story so far:
Co-founder Bill Gates can't be thrilled with watching Ballmer drain the company's cash. He didn't get so rich by buying at the top of the market.
Microsoft Corp said on Monday it may borrow money for the first time in its history to fund a portion of its $44.6 billion unsolicited offer for Yahoo Inc.
The rest of the $44.6bn (€£22.3bn) deal would be financed with an undisclosed amount of credit.
What that means is that it must squeeze as much money as it can from its operations to fund that debt and still pay dividends to shareholders, who will be looking for some payback from the Yahoo takeover. Giving away software is the last thing it would want to do in these circumstances, and the DreamSpark announcement shows just how worried it is about the future.
The majority of those workers are graduates of U.S. universities who can't stay in the country because of visa issues, said Microsoft spokesman Lou Gellos. Another 15 percent to 20 percent are from Canadian universities, Gellos said.
The top 25 H-1B visa recipient companies contacted by Durbin and Grassley this week include Infosys, Wipro, Satyam, Cognizant, Microsoft, and Tata.