by Mike Masnick
Mon, May 19th 2008 12:19am
Amazing what a little shove from Carl Icahn can do. Microsoft admitted on Sunday that it's submitted a new proposal to Yahoo, though not an acquisition of the entire company. Without any additional details, it's difficult to know if this actually makes any sense for anyone involved, but it does show that this whole exercise is far from over. The rumor right now is that it involves Microsoft taking over Yahoo's search-related text advertising business, which Yahoo has been considering handing over to Google. Yahoo would retain its display advertising business and its other properties like Yahoo mail and instant messaging. In many ways, this makes sense. Yahoo has never been strong in search advertising, and such a deal would let it concentrate on stuff that it actually does better.
If you liked this post, you may also be interested in...
- Microsoft Steps In To Clean Up Lenovo's Superfish Mess -- While Lenovo Stumbles And Superfish Remains Silent
- Thank Snowden: Internet Industry Now Considers The Intelligence Community An Adversary, Not A Partner
- FCC's Tom Wheeler Admits There Isn't Really Broadband Competition
- Ridiculous Patent Troll Gets Stomped By CAFC, Just Months After Being Awarded A Huge Chunk Of Google's Ad Revenue
- Everytime AT&T Wants Federal Approval Of Merger Or Policy, It Promises It's Necessary To Deliver 100% Broadband... Then Doesn't Deliver