
Yahoo CEO rebuffs Microsoft / Software giant tried to buy a stake in Web portal — Interesing, no? Microsoft gets no respect nowadays.
Terry Semel, Yahoo Inc.’s chief executive officer, reportedly said Thursday that he rejected a proposal by Microsoft Corp. to buy a stake in Yahoo’s search business.
His comments in a Financial Times article publicly confirm a rumor that has circulated for several weeks that Microsoft was interested in investing in Yahoo, a chief rival.
Speaking at an event in New York organized by Syracuse University, Semel said that they discussed “search, and Microsoft co-owning some of our search,” according to the report. But he emphasized that “I will not sell a piece of search — it is like selling your right arm while keeping your left; it does not make any sense.”
A Microsoft spokeswoman declined comment.






















