Friday, February 01, 2008

My Way News - Microsoft Offers $44.6B for Yahoo

My Way News - Microsoft Offers $44.6B for Yahoo: "SAN FRANCISCO (AP) - Microsoft Corp. (MSFT) (MSFT) has pounced on slumping Internet icon Yahoo Inc. (YHOO) (YHOO) with an unsolicited takeover offer of $44.6 billion in its boldest bid yet to challenge Google Inc. (GOOG)'s dominance of the lucrative online search and advertising markets." http://thpope.blogspot.com/2007/07/iphone-buyers-have-no-regrets-yahoo.html This has been forcasted for awhile. It was thought to be a rumor, but I always thought it had some truth. Yahoo is in bad shape and has been struggling against the bad boy Google. Microsoft has to do this to survive against Google, but they need new people at the top to give a fresh look and convince investors that they will go after Google in a more end-user centric way.

No comments: