French chemist and physicist best known for discovering that water consists of two parts hydrogen and one part oxygen, his two laws of gases and for his research on water-alcohol mixtures which led to the degrees Gay-Lussac used to measure alcoholic beverages in several countries.
In 2008, Microsoft made a move to buy Yahoo! for more than $40 billion. Jerry Yang, the co-founder, quickly rejected the offer stating that it "substantially undervalues" Yahoo! and is not in the interest of its shareholders. As of 2014, the company's revenue was down to $5 billion. [more...]