Microsoft Might Be Looking To Acquire Yahoo Search
Posted 11/30/08 at 09:20:39 PM | by Justin Kerr
Microsoft and its Windows Live brand has tried everything, right down to paying users to pry market share from search juggernaut Google, but so far nothing has worked. Popular rumors have even began speculating that the Redmond based software giant may be attempting to rebrand its search service. If this turns out to be true however, will Kumo or Yahoo Live be the new brand surging out of the gate? According to The Times of London, Microsoft is in talks again with Yahoo to acquire its search business for an estimated $20 billion dollars. AOL CEO Johnathan Miller and former Fox Interactive President Ross Levinsohn are reportedly heading up the negotiations.
So far Microsoft has declined to comment on the article and certainly, there is no guarantee that even if talks are in progress, that any agreement could be reached. Presumably however, the fact that Yahoo stockholders are faced with a share price of $11.51, down from a 52 week high of $30.25 might have put them in a slightly more agreeable mood. And now that Google has backed off and Jerry Yang is stepping down as CEO, who knows what the future holds. Steve Ballmer in the past has described the prospect of a search partnership with Yahoo as “an interesting possibility” but again, it’s too early to speculate on the outcome.
Will Yahoo search really benefit Microsoft? Let us know what you think.
Speaking of Search...
Submitted by n0ctis on Mon, 2008-12-01 09:07
Google's search royalties contract with the Mozilla Foundation (accounting for 80% of their revenue) ended today. Does anyone know if they renewed it or if they pulled the rug out under their new competitor?
Thats enough to make me want
Submitted by Siefer on Sun, 2008-11-30 20:45
Thats enough to make me want to attempt buying yahoo stocks XD
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