Yahoo! has officially announced the closure of its online file storage and sharing service, Yahoo briefcase. The company has cited low usage and low service popularity to be the only reasons for shutting down this service.

Yahoo’s new CEO, Carol Bartz, will be paid an annual base salary of $1 million, according to an 8-K filing with the SEC.

Capping Yahoo's two-month search for a CEO to succeed Yahoo! co-founder Jerry Yang, the Wall Street Journal reports that the company is set to announce that Carol Bartz, former CEO of Autodesk, has accepted an offer for the position.

In our yesterday's report we sited Times Online story that Microsoft and Yahoo! are again talking about a possible merge that would give Microsoft Yahoo's Search. We remember that a month ago Microsoft's Steve Ballmer said that he is not interested in Yahoo! anymore, or at least now. New reports about Microsoft Yahoo! possible search deal are also raising question based on Carl Icahn's recent moves.

No surprise here at all. On Monday, Yahoo! announced it was conducting a search for a new CEO, with embattled current CEO Jerry Yang stepping down. Yang will return to his position as Chief Yahoo! and Board Member, the titles he held prior to taking over in 2007 after former CEO Terry Semel departed.

Yahoo! Inc has rejected a joint proposal from Microsoft Corp and billionaire investor Carl Icahn for a restructuring of the global internet giant, saying the deal was not in the "best interest" of stockholders.

Despite numerous assertions from both companies that they've "moved on," and even a statement from Bill Gates indicating a Yahoo! deal is unlikely, it appears Microsoft continues to pursue Yahoo!, somewhat like a spurned suitor pursuing his ex-.

Can't buy the company? Can't buy the search technology? Well, how about buying the talent? Wednesday Microsoft placed a full-page ad for "search jobs" in (gasp!) an honest-to-goodness hard copy paper, The San Jose Mercury-News. Despite the ubiquity of the San Francisco Chronicle, for Silicon Valley, the Merc is the paper.

Carl Icahn may not take the hint. But yesterday Yahoo! said any potential deal with Microsoft was off, and Yahoo! announced a non-exclusive ad deal with Google, which should increase Yahoo!'s revenue.

Friday Yahoo! and Carl Icahn traded barbs back and forth. First Icahn responded to Yahoo! chairman Roy Bostock's response to a June 4 letter raising concerns about a Yahoo employee compensation plan. Yahoo responded to Icahn’s letter by saying that he “has no credible plan to operate Yahoo.”

comScore's Ranking of the Top 50 U.S. Web Properties for April indicates that for the first time, Google has overtaken Yahoo as the most-visited website in the U.S.

As Carl Icahn continues to press Yahoo!, including looking to oust the Yahoo! board, Microsoft issued a statement on Sunday which indicated that it may still be looking a deal with Yahoo!, but a "different" one.