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Vincent Padois, head tutor at the Pierre and Marie Curie University who teaches robotics and is babysitting the Paris ICub, makes a demonstration with ICub robot, a ?hybrid embodied cognitive system for a humanoid robot" about 1 metre (3.2 feet) high, at the Pierre and Marie Curie University in Paris September 4, 2009. Six versions of ICub exist in laboratories across Europe, where scientists are painstakingly tweaking its electronic brain to make it capable of learning, just like a human child and hoping it will learn how to adapt its behaviour to changing circumstances, offering new insights into the development of human consciousness. REUTERS/Philippe Wojazer

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    Microsoft rules out slew of Internet buys: report

    NEW YORK
    Fri Jun 20, 2008 5:49am EDT

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    Microsoft Chief Executive Officer Steve Ballmer speaks during a luncheon and conference on technology and innovation in Madrid April 25, 2008. REUTERS/Susana Vera

    NEW YORK (Reuters) - Microsoft Corp's (MSFT.O) CEO said the company will not seek to make a spate of other Internet acquisitions in the wake of its failed bid for Yahoo Inc (YHOO.O), the Financial Times reported on Friday.

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    Speculation has emerged that Microsoft could try to buy Facebook, in which it already owns a small stake, the AOL division of Time Warner (TWX.N) and a slew of smaller concerns, the newspaper reported in its online edition.

    "People don't understand what they're talking about," Chief Executive Steve Balmer said in an interview with the Financial Times.

    "At the end of the day, this is about the ad platform. This is not about just any one of the applications," he added.

    Microsoft abandoned a $47.5 billion offer to buy Yahoo last month, but had more recently discussed a deal to take a 16 percent in Yahoo and buy its search business for $9 billion as part of its effort to establish a stronger foothold in online advertising.

    (Reporting by Matt Daily)
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