Yahoo calls Microsoft's bluff
Microsoft faces a critical decision in its three-month pursuit of Yahoo this week after its latest attempt to bring the embattled internet company to the negotiating table looked to have failed over the weekend.
The pressure on Microsoft to act mounted after Yahoo called the software company's latest bluff, refusing to be drawn into takeover talks in spite of a three-week ultimatum that expired on Saturday.
The stalemate has forced Microsoft to confront the decision of whether to mount an outright hostile bid, something it has threatened almost from day one but has shied away from out of fear of alienating Yahoo employees and angering shareholders who have been hoping for a higher price.
