Microsoft Wants To Buy Yahoo

Message Board to Discuss Business Issues in the Social Networking Industry

Microsoft Wants To Buy Yahoo

Postby snwmark » Fri Feb 01, 2008 7:25 pm

SEARCH ENGINE WATCH -- Feb 1 -- There have been rumors of late about some sort of Microsoft/Yahoo hookup -- and here it is. Microsoft just tendered a $31/share bid for Yahoo. The online advertising market is growing at a very fast pace, from over $40 billion in 2007 to nearly $80 billion by 2010. Steve Ballmer, Microsoft CEO said: "We have great respect for Yahoo!, and together we can offer an increasingly exciting set of solutions for consumers, publishers and advertisers while becoming better positioned to compete in the online services market."

Full Member
Full Member
Posts: 189
Joined: Sun Jan 13, 2008 9:28 pm

Return to Social Networking Industry Forum

Who is online

Users browsing this forum: No registered users and 1 guest