So Yahoo officially announced that its talks with Microsoft have concluded they have once again failed to reach any kind of deal. There are reports that Yahoo may soon announce a search deal with Google. They’ll basically be outsourcing search to Google. Throwing away a core competency key to its long-term success for short-term gain. In my eyes I feel like Yahoo really botched this whole thing.
Well I fire up my RSS reader and of course the big news everybody is talking about this morning is Microsoft’s proposed acquisition of Yahoo. I always thought this would be a good thing considering there’s just no way Microsoft by itself can compete with Google in search. Microsoft’s share is just too small and while Yahoo is ailing, it has lots of valuable assets and web properties (aside from the obvious main Yahoo portal), hence the enormity of the offer. If it happens, it would be one of the largest, if not the largest tech takeover. Microsoft can probably fund a huge chunk of this acquisition using cash they have on hand.