Microsoft vs. Google - The Coming War
Question is, on which ground is the main fight going to be? If Microsoft can use this merger with Yahoo to redefine what both companies stand for, and attract a new generation of clickers, they just might stand a chance to takeout Google in the search arena before Google gets a chance to use web based applications to pull the rug out from under Microsoft's PC based empire.
Microsoft Makes $44.6 Billion Offer To Buy Yahoo!
Microsoft Corp. Friday offered to buy Yahoo Inc. for $44.6 billion at $31 a share in cash and stock..The two companies have had held informal discussions in the past...A combined Microsoft-Yahoo would still trail Google in market share and search advertising... Yahoo shares shoot up...
Google Misses By A Penny, Does It Matter In The Long Term?
Yahoo lost 7.6%, or $1.59, to $19.22 on the Nasdaq Stock Market. The online search engine's fourth-quarter profit dropped by 23% from the same period a year ago, while revenue rose 8%. The company will cut 1,000 jobs next month.
Citigroup, Oppenheimer and Pacific Crest Securities all removed their "buy" ratings from Yahoo, downgrading the shares to "neutral" calls.
By MIKE BARRIS
January 24, 2008 4:54 p.m.
Microsoft Corp. posted a 79% jump in quarterly net income from a year ago, when results were lowered by deferred sales of Windows Vista and Office. Quarterly revenue jumped 30% amid a surge in sales for the Windows operating system and holiday sales of the Xbox 360 videogame console.