Yahoo rejects offer from Microsoft again

The stand-off between Microsoft and Yahoo over the technology giant's $42bn (£21bn) takeover offer for the internet pioneer appeared to get personal, as Jerry Yang, Yahoo's chief executive, once again rejected the bid, saying it undervalues the company.

Microsoft lifts stakes in battle to win control of Yahoo

Microsoft has dramatically raised the stakes in its attempt to buy the internet group Yahoo, threatening to lower its $44.6bn (£22.4bn) offer and oust the board unless negotiations proceed immediately.

City Eye: From heroes to zeros – the cult of personality will punish chief executives

It is said that perception is nine-tenths of reality, which causes chief executives an awful lot of grief, according to Phil Rosenzweig. In his new book, The Halo Effect, he derides the way management gurus like Tom Peters compile lists of "the world's best-run companies" in manuals such as In Search of Excellence.

Microsoft 'opens up' its products but Brussels remains sceptical

Microsoft, the American software giant, failed yesterday to head off a major confrontation with the Euro-pean Commission despite unveiling a shift in policy it claimed would bring it fully into line with European Union laws.

Microsoft ratchets up pressure on Yahoo

Microsoft is set to ask Yahoo shareholders to oust the internet pioneer's board if they do not agree to the $45bn (£23bn) takeover offer put on the table three weeks ago.

What now for Yahoo?

As the internet search engine company rejects Microsoft's offer, the market is left to speculate on the options still remaining to a firm under pressure from shareholders

Yahoo will reject Microsoft's £22bn bid and say it undervalues the company

Yahoo is set to rebuff Microsoft's £22.4bn takeover bid for the search engine today and say it "massively undervalues" the company.

Microsoft offers $45bn for Yahoo as it tries to close the gap on Google

Microsoft believed last night that it had snookered Yahoo into agreeing a $44.6bn (£22.7bn) takeover, after 18 months of having its bid overtures rebuffed by the ailing internet giant.

Jeremy Warner's Outlook: Microsoft enjoins Yahoo in Google fight

All change as China tilts at Rio Tinto

Davydenko demolishes Hrbaty for 10th title

Nikolay Davydenko hammered Dominik Hrbaty 6-1, 6-2, 6-2 yesterday to win the Paris Masters - his fifth title of the season. The fourth-seeded Russian dropped only one set in the tournament as he won his 10th career title in one hour and 38 minutes.

Walk of the month: South Hams

Too often overlooked, South Hams is a lush landscape with abundant wildlife, says Mark Rowe

Microsoft finance chief quits to head telecom start-up

GREG MAFFEI, Microsoft's chief financial officer, yesterday joined an exodus of the company's young executives to fast-growing start-ups when he resigned to take up the chief executive post with telecommunications company Worldwide Fiber.
Arts and Entertainment
The Doctor and Clara have their first real heart to heart since he regenerated in 'Deep Breath'
TV
Life and Style
Apple showed no sign of losing its talent for product launches with the new, slightly larger iPhone 6 making headlines
techSecurity breaches and overhyped start-ups dominated a year in which very little changed (save the size of your phone)
Arts and Entertainment
Jamie Oliver
filmTV chef Jamie Oliver turned down role in The Hobbit
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The official police photograph of Dustin Diamond taken after he was arrested in Wisconsin
peopleDownfall of the TV star charged with bar stabbing
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Jeremy Clarkson, left, and Richard Hammond upset the locals in South America
tvReview: Top Gear team flee Patagonia as Christmas special reaches its climax in the style of Butch and Sundance
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people
Sport
Ashley Barnes of Burnley scores their second goal
footballMan City vs Burnley match report
Arts and Entertainment
Peter Mayhew as Chewbacca alongside Harrison Ford's Han Solo in 'Star Wars'
film
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Arts and Entertainment
Man of action: Christian Bale stars in Exodus: Gods and Kings
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Day In a Page

Independent Travel
Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
Lake Como St Moritz & the Bernina Express 7 nights from £809pp
Vietnam
Lake Maggiore, Orta & the Matterhorn 7 nights from £939pp
South Africa
Spain
Prices correct as of 19 December 2014
A timely reminder of the bloody anniversary we all forgot

A timely reminder of the bloody anniversary we all forgot

Who remembers that this week we enter the 150th anniversary year of the end of the American Civil War, asks Robert Fisk
Homeless Veterans appeal: Former soldiers pay their respects to a friend who also served

Homeless Veterans appeal

Former soldiers pay their respects to a friend who also served
Downfall of Dustin 'Screech' Diamond, the 'Saved By The Bell' star charged with bar stabbing

Scarred by the bell

The downfall of the TV star charged with bar stabbing
Why 2014 was a year of technological let-downs

Why 2014 was a year of technological let-downs

Security breaches and overhyped start-ups dominated a year in which very little changed (save the size of your phone)
Cuba's golf revolution: But will the revolutionary nation take 'bourgeois' game to its heart?

Will revolutionary Cuba take 'bourgeois' golf to its heart?

Fidel Castro ridiculed the game – but now investment in leisure resort projects is welcome
The Locked Room Mysteries: As a new collection of the genre’s best is published, its editor Otto Penzler explains the rules of engagement

The Locked Room Mysteries

As a new collection of the genre’s best is published, its editor explains the rules of engagement
Amy Adams on playing painter Margaret Keane in Tim Burton's Big Eyes

How I made myself Keane

Amy Adams hadn’t wanted to take the role of artist Margaret Keane, because she’d had enough of playing victims. But then she had a daughter, and saw the painter in a new light
Ed Richards: Parting view of Ofcom chief. . . we hate jokes on the disabled

Parting view of Ofcom chief... we hate jokes on the disabled

Bad language once got TV viewers irate, inciting calls to broadcasting switchboards. But now there is a worse offender, says retiring head of the media watchdog, Ed Richards
A look back at fashion in 2014: Wear in review

Wear in review

A look back at fashion in 2014
Ian Herbert: My 10 hopes for sport in 2015. Might just one of them happen?

Ian Herbert: My 10 hopes for sport in 2015

Might just one of them happen?
War with Isis: The West needs more than a White Knight

The West needs more than a White Knight

Despite billions spent on weapons, the US has not been able to counter Isis's gruesome tactics, says Patrick Cockburn
Return to Helmand: Private Davey Graham recalls the day he was shot by the Taliban

'The day I was shot by the Taliban'

Private Davey Graham was shot five times during an ambush in 2007 - it was the first, controversial photograph to show the dangers our soldiers faced in Helmand province
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Revealed: the best and worst airlines for delays

Many flyers are failing to claim compensation to which they are entitled, a new survey has found
The stories that defined 2014: From the Scottish independence referendum to the Ice Bucket Challenge, our writers voice their opinions

The stories that defined 2014

From the Scottish independence referendum to the Ice Bucket Challenge, our writers voice their opinions
Stoke-on-Trent becomes first British city to be classified as 'disaster resilient' by the United Nations

Disaster looming? Now you know where to head...

Which British city has become the first to be awarded special 'resilience' status by the UN?