Posted on February 1, 2008 at 10:43 am
Microsoft puts in a bid for Yahoo
So today, the news is Microsoft putting in a $44.6 billion bid for Yahoo. “Software giant offers $31 a share - a 62% premium - in deal that could reorder online ad market. Microsoft’s Ballmer: ‘Major milestone.’”
The biggest concern that I’ve been seeing after talking to some folks is how Flickr will be affected. I mean if this deal goes through, will Microsoft totally ruin it? We all know the crazy things that Microsoft has done, but they are still popular and they are still widely used. Like Hotmail. But only time can tell.
This will also make them the second to Google in search engine shares. From the article: “Google reigns over 58.4% of the U.S. market, while Yahoo has 22.9% and Microsoft’s share is just 9.8%, according to comScore, a research firm that tracks Internet traffic.”