Microsoft offers $44.6 Billion for Yahoo

Microsoft has offered $44.6 Billion to acquire Yahoo — a deal that has been rumoured for the last few months has been confirmed.

Yahoo and Microsoft have been falling behind market leader Google in search and online advertising for some time now, so it not entirely a surprise.

Most industry experts feel this is more to do with Microsoft getting a slice of the booming online advertising space, currently dominated by Google.

I think it will be good if Google has a serious competitor: monopolies are never good for customers or for innovation (as we know from our experiences with Microsoft ironically!)

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