Did they really split or are they "on a break"? Who knows but today's news certainly tells us the love-hate relationship between Microsoft and Yahoo! has moved beyond the hatin' stage. Microsoft abandoned it's bid to takeover Yahoo! after Yahoo! played hard to get for too long.
While analysts predicted a hostile takeover, Microsoft CEO Steven Ballmer said the deal had gone too far south to repair despite his threats. Looks like he's got bigger fish to fry in his bid to rule the world (only if he can get past Google). Makes you wonder what Ballmer has up his sleeve.
This break-up (or "break") makes one ask three questions:
- Is this a good or bad thing for Microsoft (NASDAQ: MSFT)?
- Is this a good or bad thing for Yahoo (NASDAQ: YHOO)?
- Is Google (NASDAQ: GOOG) celebrating the death of the Microsoft-Yahoo! deal or could they care less what the second-class citizens of the online world are doing?
No one knows what's going to happen next, but one thing is for certain. The internet is the place to be, and the powers that be are positioning themselves as we speak. It's almost as fun to watch as reality TV. Let's just hope that in the end, the consumer wins.
» Know More Media Review: Microsoft/Yahoo Chronicles from Know More Media
The internet has been buzzing with speculation ever since Microsoft (NASDAQ:MSFT) put forth its offer to buy out Yahoo (NASDAQ:YHOO), which Yahoo interpreted as a hostile take over attempt. Last week however, Microsoft withdrew it's offer which has... [Read More]
Tracked on: May 13, 2008 9:19 PM | Permalink to Trackback