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Microsoft offering to buy Yahoo
(5 votes)
by Nigel Yap   
Friday, 01 February 2008 11:52 PM

Yep you read right. The big M is offering to buy Yahoo in order to challenge (who else but) Google's dominance in the Internet search services and advertising. According to Bloomberg, Microsoft made a made an unsolicited USD44.6 billion offer for Yahoo! Inc and Yahoo has actually responded that they are evaluating the offer 'promptly'.

Image
A screenshot of the news on Yahoo News
 

Considering that Google has dominated the Internet search and advertising market in the last few years, it isn't actually surprising that Microsoft would take action to stem their dominance. This offer for Yahoo however, is a bigger action taken than Microsoft than I expected. 

We'll keep things updated here on this ongoing development so stay tuned for more. 

Sourced from AFP and Bloomberg

Comments

Name: yengzhai Comment:
I thought that Microsoft is trying to come out with their own internet search engine some times back, if, I am not mistaken. Its seems that Microsoft has no way to comes out their own, implies also that Google has won the battle. Talking about Google is dominance in Internet market, the same go for OS and many other things from Microsoft. In fact, Microsoft is the one too ambitious in monopolizing everything, has its C# fight against Java, has its .NET framework fight against Sun Java's Framework, MS SQL Server that fight against Oracle, IE vs Netscape Navigator, Silverlight that seems fight against Adobe's Flash, etc, etc. I like Microsoft, but, as a consumer, I am worry if everything are monopolized by Microsoft.
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Posted: 2008-02-03 19:19:52
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