Microsoft and Yahoo! again in the news, "to explore and pursue alternatives"
In the morning news... Microsoft and Yahoo! are again in the spotlight, this time with a move that "Microsoft announced that it is continuing to explore and pursue its alternatives to improve and expand its online services and advertising business."
“In light of developments since the withdrawal of the Microsoft proposal to acquire Yahoo! Inc., Microsoft announced that it is continuing to explore and pursue its alternatives to improve and expand its online services and advertising business. Microsoft is considering and has raised with Yahoo! an alternative that would involve a transaction with Yahoo! but not an acquisition of all of Yahoo! Microsoft is not proposing to make a new bid to acquire all of Yahoo! at this time, but reserves the right to reconsider that alternative depending on future developments and discussions that may take place with Yahoo! or discussions with shareholders of Yahoo! or Microsoft or with other third parties.
“There of course can be no assurance that any transaction will result from these discussions.”
All this after the post with a few thoughts on moving past "Microsoft and Yahoo!" where I noted that nothing spurs people on than competition, and such healthy tension ultimately benefits consumers. Among other quips. ;)
Have a lovely Sunday - I'm out to enjoy the beautiful sunny, mid-seventies weather we're having (that's about 20 degrees for my friends up North and way out East).
Which serendipitously enough turns out is similar to the weather their having in Menlo Park this weekend.
Could this be related to the Microsoft news, and a plot to ensure that our weather is attractive to more transplants from Silicon Valley? Nahhh... ;)
More info:
Link to the brief Microsoft PressPass story.
Microsoft and Yahoo! News Archive
Tags: Microsoft, Yahoo!, Windows Live.
