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In what seems to be like a really bold approach Microsoft bidded $44B to buy Yahoo inorder to tie up the two biggest internet Giants and compete against the Ruler Google.
Microsoft's audacious attempt to buy Yahoo spelled out in an unsolicited offer shows just how much Google threatens the world's largest software maker's grip on how people interact with computers.
For Yahoo, the bid represents another painful reminder of how missed opportunities and mismanagement combined to open the door for Google to supplant it as the Internet's main gateway, decimating its stock price in the process.
Although Microsoft remains the world's most valuable technology company, its position will become more precarious unless it can cultivate a more loyal Internet audience and generate more online ad revenue to subsidize the free services taken for granted on the Internet.But there's no guarantee that Yahoo will be willing to sell itself to Microsoft.Yahoo will likely face intense pressure to accept, given its steadily sliding profits and a murky 2008 outlook that caused its stock price to drop to a four-year low earlier this week.
Microsoft's CEO Steve Ballmer said he has thought over this issue several times and is expecting a positive reply from Yahoo soon.
The funniest thing of all is Yahoo was the first company which gave Google its first break by hiring it to run its search engine in 2000. After realizing how much money Google was making from search, Yahoo introduced its own technology in 2004, but by then it was too little, too late.
Google jumped leaps and bounds to get to Top of the INTERNET wonder what would be its position if Microsoft and Yahoo unite.
Labels: Microsoft to buy yahoo , Microsoft's s bid to buy yahoo , Microsoft and Yahoo Vs Google
Sources : Associated press , Reuters
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