February 1, 2008: Microsoft Bids Yahoo, 2012: Facebook Files IPO
apple, assets, bartz, carl ichan, ceo, common stock, forefront, integrated circuit, Microsoft, microsoft bids, mike sheridan, patents, patrick naughton, speculation, texas instruments, time microsoft, typewriter, Yahoo
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2008 – Microsoft officially made a move to put a bid in for Yahoo! They announced a plan of $31 a share, which was 62 percent of premium common stock from Yahoo! This was not the first time Microsoft had made a play for the company, but this was the most covered by press. Yahoo! would eventually decline the offer of Microsoft, claiming they undervalued the company. This would bring Carl Ichan to the forefront which would lead to months of speculation and debate. Although Yahoo! did not take the bid, they did end up selling the search assets in 2009 under Carl Bartz CEO reign.
2012 – Facebook files for Public IPO. Trading began on May 18, 2012 at $38 and closed at $38.23
Wikazine – Full show notes for February 1
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- Texas Instruments Patents the integrated circuit
- Patrick Naughton, Mike Sheridan and James Gosling begin devolpment of Java
- Mike Scott states that Apple is Typewriter Free
