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Microsoft in Talks to Buy Yahoo For $50 Billion USD - TechAmok
Microsoft in Talks to Buy Yahoo For $50 Billion USD - [internet] 12:23 PM EDT - May,04 2007 - post a comment Microsoft
wants to aquire Yahoo for $50.000.000.000. Probably the largest aquisition
in IT history!! Wow.
Microsoft is feeling increasing pressure to compete with Google, which plans to beef up its portfolio with a $3.1 billion buy of online advertising company DoubleClick Inc. Earlier this week, Yahoo said it would buy 80 percent of advertising exchange Right Media for $680 million, increasing its stake in that company to full control. Microsoft currently trails both Yahoo and Google in the lucrative and growing business of Web search. Google won a search advertising deal with AOL in 2005 that the Post said Microsoft wanted. In addition, Google is developing Web-based software that directly competes with Microsoft Office.
It's all about money baby! If you've got the cash, you can buy anything under the sun. I just have to be very careful, keep my eyes open. You never know if M$ wants to BUY me! :-D (it's a joke of course)
Update: Talks between Microsoft and Yahoo over a possible combination are no longer active, according to a media report late Friday. The Wall Street Journal reported on its Web site that in recent months the two companies discussed a possible merger, but that the discussions are no longer active |
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