Financial Times FT.com

Microsoft and Yahoo on defensive

By Richard Waters in Redmond and Joseph Menn in Las Vegas

Published: July 30 2009 20:21 | Last updated: July 31 2009 00:34

Microsoft and Yahoo were forced to mount a renewed defence of their search alliance on Thursday as Wall Street continued to punish Yahoo’s price over the deal.

“Nobody gets it,” Steve Ballmer, Microsoft’s chief executive officer, complained at the software company’s annual analyst meeting. 

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