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Microsoft denies Yahoo interest

Software giant Microsoft on Friday dismissed speculation it might still be interested in a takeover of internet company Yahoo, reports Reuters. “We made an offer, we made another offer … We moved on,” Microsoft chief executive Steve Ballmer said in Sydney on Friday, commenting on the collapse of talks over a possible partnership between Yahoo and Google this week. However, there were still opportunities for some kind of partnership around the internet search business, he added. Ballmer’s comments came two days after Yahoo’s shares surged on a rumour posted on a blog that said Yahoo and Microsoft were in advanced talks to sell Yahoo for between $17 and $19 a share. The blog also reported that Yahoo’s chief executive, Jerry Yang, would step down. Yahoo officials later denied the report. Microsoft abandoned an unsolicited $47.5bn bid for Yahoo in May.