Microsoft made an offer to buy Yahoo! for $44.6 Billion is cash and stocks. It looks to me like Microsoft want to overthrow Google, and once again become the reigning “King of Silicon Valley”.

As of the announcement, Yahoo! stock has risen %60 in pre-market trading.

Link to Reuters

Link to CNN Money

UPDATE 02/11/08:  Yahoo! has rejected Microsoft’s $44.6 Billion bid. In a formal announcement, Yahoo! said Microsoft “substantially undervalues” them.

But Yahoo! also said, they might be willing to reconsider if Microsoft offered a high ammount.

Link to story 

This entry was posted on Friday, February 1st, 2008 at 10:55 am and is filed under General, Tech Talk, News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.