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Yahoo! Digs Trenches for Long Haul
No comments yetPosted in WebFeb 8, 2008
Breaking news – well, sorta. Yahoo! corp. is going to fight the Microsoft takeover. I have to admit, such a move really took guts – Yahoo’s risking the support of their stock shareholders in order to stand up to the big guys, and I’m going to say it’s a noble move. But is it smart?
Not exactly, as Yahoo! now lands itself in a pretty precarious position. Without Microsoft, Yahoo! is going to have to find an alternate method of financial support, as it’s been losing funds for a while now – and this task alone won’t be easy (who else will be willing to offer tens of billions of dollars? …Apple…? *wink*). Plus, what I’ve been saying the whole time was that two losers really don’t make a winner – and now, with Yahoo! taking serious consideration (well, more serious than before hopefully) into how they’re going to survive, it looks like they’re going to have to step up their game.
With this short chapter in the saga closed, we can only wait and see what Yahoo! does next. But this definitely is turning very, very interesting. Of course, Microsoft still has a chance, it just has to increase its bidding amount – which would be difficult, but it’s still very feasible. Not to mention the nagging of shareholders should be able to change Yahoo!’s attitude.
Source: http://www.windowsitpro.com/Article/ArticleID/98213/98213.html