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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Search Search: Microsoft CEO rules out another Yahoo takeover bid AFP - 2 hours 51 minutes ago NEW YORK (AFP) - - Microsoft Corp. chief executive Steve Ballmer on Wednesday ruled out making another takeover bid for Yahoo but said the US software giant remains open to a partnership on Internet search. Ballmer, speaking at an annual shareholders meeting in Washington state two days after Yahoo CEO Jerry Yang announced he was stepping down at the pioneering Internet firm, said Microsoft had "moved on." "Let me be as clear as I think I've tried to be publicly," Ballmer said. "We are done with all acquisitions, discussions with Yahoo. I've said that a bunch of times. Somehow some people have gotten confused nonetheless." Yahoo co-founder Yang earlier this year rejected a 47-billion-dollar bid by Microsoft for his company, earning the disapproval of many shareholders and contributing to his decision to step aside as chief executive. "We did our best," Ballmer said of the takeover offer for Yahoo. "We thought we had something that made sense. Didn't make sense to them. We've moved on. Ballmer said it would be "an interesting possibility to look at a search collaboration with Yahoo as we had proposed last summer. "There's no active discussion on that front," he said. "But we'd be very open to it. But acquisition discussions are finished." Yahoo's share price, which rose on Tuesday following Yang's departure, was down 18.39 percent at 9.39 dollars around 1828 GMT following Ballmer's remarks. Microsoft was off 3.52 percent at 18.93. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Internet Portals & Search Engines PC Magazine dropping print for onlineAFP - 33 minutes ago Microsoft CEO rules out another Yahoo takeover bidAFP - 2 hours 51 minutes ago NVIDIA brings supercomputing to the desktopAFP - Thursday, November 20 Massive EU online library looks to compete with GoogleAFP - Thursday, November 20 Related Articles: Technology PC Magazine dropping print for onlineAFP - 33 minutes ago Microsoft CEO rules out another Yahoo takeover bidAFP - 2 hours 51 minutes ago Massive EU online library looks to compete with GoogleAFP - Thursday, November 20 NVIDIA brings supercomputing to the desktopAFP - Thursday, November 20 Iran blocks access to over five million websites: reportAFP - Thursday, November 20 Enlarge Photo Microsoft Corp. chief executive Steve Ballmer, seen here in May 2008, on Wednesday ruled out making another takeover bid for Yahoo but said the US software giant remains open to a partnership on Internet search. Related Photos Slideshow Full Photo Coverage: Internet Portals & Search Engines Related Full Coverage Internet Portals & Search Engines Latest development in the online world All Full Coverage Most Popular – Technology Viewed Obama girls visit their future White House home US economy faces 'catastrophic collapse' without auto bailout: GM Saudi super-tanker taken to Somali pirate lair Exercise, sleep cuts cancer risk: study Citigroup to slash 50,000 jobs, expenses worldwide View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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