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Miley Meets Sen. John Edwards, Skips Media Event | Miley Cyrus

Miley Cyrus may be skipping the red carpet at this weekend’s 2008 Disney Channel Games in Florida – “on the advice of her management team,” a source tells PEOPLE – but she’s keeping plenty busy anyway, hitting the rides, rehearsing for her upcoming performance, and meeting Sen. John Edwards and his family.

On Thursday, Cyrus and her brother Braison rode the rides at the Magic Kingdom and Epcot. While in line for the Test Track ride, Cyrus ran into Edwards and his three children. (The senator’s youngest two children, Emma Claire and Jack, are Hannah Montana fans who were super eager to meet the star.)

“She chatted with them about all the rides and attractions they saw at Walt Disney World,” a source close to the singer tells PEOPLE. “It was a sweet moment.”

On Friday, Cyrus will continue her rehearsals and has some work to do before production begins on the Hannah Montana feature film next week. The singer is also working on her role in Bolt – an animated film to which she lends her voice.

Before Saturday’s performance, Cyrus was scheduled to appear at a red carpet event and media party Friday to kick off the games, the Associated Press reports. A source close to Cyrus tells PEOPLE: “Miley was invited but she is focusing on her rehearsals and preparing for her show tomorrow. She’s happy to be here.”

Also, in light of the recent Vanity Fair photo flap, a Disney Channel source adds: “She was invited to the media party but understandably, is not attending on the advice of her management team.

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David Hecker/Agence France-Presse — Getty Images

Microsoft’s chief executive, Steven A. Ballmer, in persuasion mode before a technology fair in March. Mr. Ballmer is said to have made calls recently with a pitch to large Yahoo shareholders.

Microsoft’s directors met Wednesday to discuss how to proceed with the company’s attempted takeover of Yahoo, according to a person briefed on the discussions.

The board was expected to consider a range of options, including Microsoft raising its offer in an attempt to break the stalemate between the companies, this person said.

In recent days, Microsoft has considered increasing the bid, currently valued at $29.06 a share, to $32 or $33, said this person, who asked not to be identified because he was not authorized to speak about the discussions.

Microsoft’s chief executive Steven A. Ballmer, has personally called some large Yahoo shareholders to get their support for a bid in that range.

But Microsoft executives have been frustrated by signs that such shareholders are holding out for an even higher offer — in the range of $35 to $37 a share. Without that higher offer, those shareholders have been unwilling to press Yahoo’s management into entering serious negotiations, this person said.

A Microsoft spokesman declined to comment.

Earlier in April, Mr. Ballmer threatened to start a proxy fight to oust Yahoo’s board if the two companies did not reach a negotiated deal by April 26. The deadline passed without an agreement or substantive negotiations between the companies.

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