Updated:07/23, 12:55pm, EDT
macnn: tag: News Corp.
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Dow Jones approves corporate iPhone use

July 23 - 12:55pm EDT   Dow Jones -- owned by News Corp., and responsible for financial publications like the Wall Street Journal -- has given its seal of approval to the iPhone, according to another one of its publications, Barron's. The company's Global Technology Services division is now supporting the phone through use of Microsoft ActiveSync technology, which enables the iPhone to access corporate e-mail via Exchange. Like most such services, users require a password and will have data locked or deleted in case a phone goes missing. [full story]

News Corp "unlikely" to team with Yahoo

July 11 - 8:45am EDT   Fox's parent company News Corp. is unlikely to link up with Yahoo and offer an alternative to a Microsoft takeover, says News Corp. chief Rupert Murdoch. Speaking at the Sun Valley conference, the executive claims that the likelihood of any deal is now slim despite early talks after Microsoft had first announced its plans to buy out Yahoo. The latter search engine company has been eager to find a partner for a deal that would bolster its value and either deter Microsoft from making a purportedly undervalued bid. [full story]

Claim: MS has no plans to raise Yahoo bid

April 1 - 8:35am EDT   Microsoft has no intention to raise its bid for Yahoo past the original offer, say sources speaking with the Wall Street Journal. The Windows developer reportedly knows that it can afford to wait for Yahoo and that there is no incentive to spend more than the original $31 per share, which at the time of the original bid amounted to $44.6 billion. Without any imminent rival offers for Yahoo, Microsoft believes Yahoo will have little choice but to accept original terms. [full story]

Yahoo works to delay Microsoft proxy battle

March 5 - 12:25pm EST   Yahoo is extending the deadline for nominations to its board of directors, Reuters reports. While nominations were to have ended by March 14th, they will now take place 10 days after the company announces a date for its shareholders' meeting. The move is openly admitted by CEO Jerry Yang to be a delay tactic, preventing Microsoft from subverting Yahoo in order to ease its hostile takeover attempt. "Microsoft, of course, could still choose to name directors," says Yang in a letter filed with the Securities and Exchange Commission, "but our objective here is to enable our board to continue to explore all of its strategic alternatives for maximizing value for stockholders ... [full story]
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