Your Daily Dose Technology Injection

Reporting today, Steve Ballmer, responded at Yahoo Q1 earning report and he doesn’t seem to upraise the bid. Speaking at a conference in Milan, Steve Ballmer said he has already made a big offer and suggested that Microsoft is getting ready to walk. Below at what that he said:-

“We are offering a lot of money,” Ballmer said today at a Microsoft conference in Milan. “If Yahoo’s shareholders like it, that’s great. We are prepared to go forward without a merger with Yahoo.”

Note that, once again, Steve is not saying “We won’t raise the bid.” Be prepared to watch Yahoo stock to be  chop Yahoo’s stock to $20 overnight.