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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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    Yahoo says investors agreed Microsoft bid too low

    NEW YORK
    Sat May 3, 2008 11:53pm EDT

    NEW YORK (Reuters) - Yahoo Inc held fast to its position on Saturday that Microsoft Corp was offering too little to buy the company, and said it was pleased so many of its shareholders agreed with its determination.

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    Microsoft Corp withdrew its offer for Yahoo earlier in the day, after saying it was willing to raise its bid to $33 per share. The software maker said Yahoo had refused to budge from a price of $37 per share.

    "With the distraction of Microsoft's unsolicited proposal now behind us, we will be able to focus all of our energies on executing the most important transition in our history," Yahoo Chief Executive Jerry Yang said in a statement.

    (Reporting by Michele Gershberg, editing by Todd Eastham)
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