Microsoft Wants Yahoo

Stung by the loss of Internet advertising firm DoubleClick to Google last month, Microsoft has intensified its pursuit of a deal with Yahoo!, asking the company to re-enter formal negotiations, The Post has learned.

While Microsoft and Yahoo! have held informal deal talks over the years, sources say the latest approach signals an urgency on Microsoft's part that has up until now been lacking.

The new approach follows an offer Microsoft made to acquire Yahoo! a few months ago, sources said. But Yahoo! spurned the advances of the Redmond, Wash.-based software giant. Wall Street sources put a roughly $50 billion price tag on Yahoo!.

"They're getting tired of being left at the altar," said one banking source who has recently had talks with Microsoft. "They now seem more willing to extend themselves via a transaction to get into the game."

Part of the reason for that is because Google keeps trumping Microsoft on the deal front, beating out the company on not just DoubleClick, but also for a renewed search advertising pact with AOL in 2005 that Microsoft lusted after.

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India Looks To Produce World's First $10 Laptop

Forget the one hundred dollar laptop. India has bigger, but cheaper, plans. Ten times cheaper to be exact: India's Ministry of Human Resource Development is spearheading the project, with help from Semiconductor Complex, a state-sponsored designer and manufacturer of integrated circuits. Officials from those organizations are presently weighing system designs submitted by an engineering student from India's Vellore Institute of Technology and a researcher from the Indian Institute of Science in Bangalore. The Times of India on Friday reported that the efforts thus far have yielded designs for a laptop that would cost about $47, while a $10 system remains the ultimate goal.

Last year, Negroponte's One Laptop Per Child Organization submitted a proposal to the Indian government under which the group would have worked to produce laptops for Indian students starting at $100. Indian officials at the time criticized the proposal as insufficiently mature to be taken seriously and rejected it.

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