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New SearchScan feature from Yahoo! search alerts users about dangerous web sites before they click on them.

No doubt the biggest story of last weekend was Microsoft abruptly walking away from their unsolicited deal with Yahoo!. And no doubt among the biggest stories of today are "what now?" and "what's happening to their stocks?"

With Microsoft withdrawing its bid to acquire Yahoo, the global internet company has said it will now focus on "the most important transition" in its history for the shareholders' benefits.

Despite reports on Friday that Yahoo! had been brought to the bargaining table by a higher Microsoft offer, Microsoft issued a press release on Saturday indicating it was walking away from the deal.

Microsoft Corp finally dangled a higher takeover bid in front of Yahoo Inc, hoping to reach a friendly deal after weeks of saber rattling.

Software giant Microsoft has been attempting to purchase Internet giant Yahoo! in hopes of leveraging the internet presence of Yahoo! in Microsoft's battle with Google. The original offer for Yahoo! was a whopping $44billion; however since this offer Microsoft has seen a revenue drop this last quarter which could greatly affect the software giant's ability to up the price again in hopes Yahoo! would accept.

Jerry Yang countered Steve Ballmer's tough talk with silence this weekend, as the deadline to accept Microsoft's bid for Yahoo passed unanswered.

Global Internet services company Yahoo Inc announced Wednesday its plans to acquire IndexTools, a privately held, self-funded company.

Yahoo, after years of battling Internet rival Google for online advertising, said itwould launch a limited test of Google's AdSense for Search service.

On Saturday Microsoft sent a letter to Yahoo! setting a three week deadline for an agreement between the two companies to be reached. Today, Yahoo! responded in an not-unexpected manner, with the same response it had given before: the offer is insufficient, as far as the Yahoo! Board of Directors is concerned.

Yesterday the news hit that Microsoft was reconsidering its unsolicited offer for Yahoo! because the company felt that Yahoo! may have lost value since the offer was first made, in early February. Today thins have changed as Microsoft turned on the heat on Yahoo! giving the company basically an ultimatum.