Wednesday, February 06, 2008

Microsoft to buy Yahoo!

Last friday, February 1st, Microsoft put its bid to buy Yahoo! for a cool $44.6 billion. This is bad news for Google, as if this merger goes through, Microsoft would then own about 25% of the animated ads and banners on the tops of webpages, an area Google has been unsuccessful, thus far, in dominating. Google is, of course, claiming that Microsoft would own too much of the market area if this deal goes through and that it should not be allowed. The FTC will have to decide on this one.

-out.