This is pretty huge news...looks like the offer is $45 billion ($31 a share). Microsoft really wants to better compete with Google and this is as dramatic a way to do it as it comes. This is a good deal from Yahoo's standpoint, IMO. They just can't keep up with Google in the consumer sector, nor in the medical or academic sectors. And they just can't match Google in advertising revenue.
Micr-hoooooo! Just doesn't have the same ring, does it? Microsoft Bids $44.6 Billion for Yahoo Stop me if I'm wrong, but didn't Gates and company just launch a big fat new search engine? 2 seconds later, yes, Live.com is still up an running and I've still yet to hear anyone mention it or use it who wasn't paid in some way by Microsoft to do so.
micro doesn't want to merge with yahoo.......it just wants to buy it and destroy it so no other company can be inspired to compete with Microsoft again. It will also send a strong message to google.......sooner or later micro will "buy u out"
It's very handy for a junk email address -- one that you can use to sign up for sites that you're vaguely interested in and not worry about it being spammed to death (which of course it will be) (and is).
That's utterly absurd. A mind-boggingly dumb explanation. 45B to make a point. They're not trying to "send a message" to Google but to better compete with them long-term.
for world cup 2002......yahoo was one of the official sponsors......those bastards made people sign up for yahoo email to watch videos and see high lights
This is way stupid for Microsoft. Yahoo is already overinflated with a P/E of 60. At Microsoft's price, it's 66. And it isn't like Yahoo is headed for greater profitability - its best days are forever behind it. If Microsoft tries to rebrand it, Yahoo will be ruined. If it keeps the name of it and the related sites (like Fickr or HotJobs) then what's the point? They'd be better off putting the money in a standard savings account.
I use it for my primary email and the email address I use for all web accounts. Their spam filtering is excellent. And I like their interface (the old one, not the new one) better than any other site I tried.
I put in a buy order for Google stock Thursday night after earnings. Put it in pretty low, figuring that there would be an overreaction. Then I look on Friday afternoon to see if my order would have been triggered, and see this Yahoo/Microsoft nonsense. Probably wouldn't have bought the stock if I had known that was coming.
That really wouldn't have been possible during normal market hours. The buy order was based on Google missing earnings by a little, and then the market overreacting. Google reported after the market closed, and the Yahoo!/Microsoft announcement was made before the market opened. I would have missed the move in the stock price.
It looks like it could make sense to me. Yahoo is the strongest internet presence not names Google, it has a multitude of services in the top three of their respective categories, MS wants in on this business, and the price is (relatively) right. If MS integrates this right, they could become very strong in some areas (such as IM/Phone, Email, Groups, etc.) Or they could muck it up. I think it makes more sense than the purchase of YouTube by Google, but then I thought financials were the place to be in the past few years.
I actually heard a talking head on one of the financial channels last week saying that Microsoft was getting so weak that they're in danger of going hostile.