Microsoft told potential Yahoo bidders it might back bids: report

Write down: Yahoo Inc said it may have to write down the goodwill value of Tumblr, more than two years after the web pioneer spent US$1.1bil (RM4.61bil) to buy the microblogging site. — Reuters

Microsoft Corp executives are in talks with equity firms considering bids for Yahoo Inc saying that Microsoft might be willing to offer "significant financing" for their efforts, tech news site Recode reported on March 24.

However, Microsoft has not made commitments so far to investors, and any discussions are exploratory, Recode reported, citing unnamed sources.