It seems Yahoo is doing an awesome job turning away business opportunities.
Yahoo Inc executives dismissed a search-advertising deal with Google due to antitrust concerns, one day before Microsoft Corp made its takeover offer earlier this year, according to court documents made public on Monday.
The position came to light in a complaint filed by attorneys representing two Michigan pension funds in a shareholder lawsuit that aims to revoke Yahoo takeover defenses and press the company to renew merger talks with Microsoft.
“We are focused on long-term value creation rather than short-term gains,” said a Yahoo document prepared for Yahoo executives ahead of an “all hands” internal meeting on January 30 — the day before Microsoft made its merger offer.
Bracing for employee questions over whether Yahoo should outsource its search-ad sales to Google, executives were prepared to argue that any short-term gains would derail Yahoo’s long-term push to become a “must buy” for advertisers.
Pardon me, but that’s going to be a mighty “long-term” push. I don’t forsee Yahoo ever becoming a “must buy” for advertisers, then again, I also thought Yahoo would be part of Microsoft by now too.
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Honestly, it was really nice reading this article about yahoo and everything but my personal opinion is that one day Microsoft is going to own everything that has anything to do with computers or technology. Though in my eyes that is not a bad thing and I think that is why yahoo turned down the offer to Google because if they would have accepted that offer it would have meant that Microsoft is one step closer to running the world. Though I am a big fan of Microsoft and Bill Gates and I think that he knows what he is doing and that in his eyes he can make the world a better place on company at a time until he owns them all. So really if you think of like Apple they are just trying to say hey Bill I’m not going to let you own every name or every computer in the world but I think most loyal fans of computers would say they are more interested in what Microsoft is coming up with next rather than what Apple is coming up with next. I mean the only thing that Apple has done right so far is come up with a cell phone and I mean who cares about a cell phone? Really! So I really enjoyed reading your post on this subject and from the looks of it you are a very good writer so keep up the great posts and I will keep on coming back to read more great material from you…
Thanks Again,
Ryan
I agree, its only a matter of time before Microsoft takes more ownership of the internet. Its a shame that Yahoo
didn’t want to play ball with Microsoft. This don’t look to good for the current board on Yahoo. I have been following this
very closely. I will continue to follow this battle between Google and Microsoft. So far I have noticed that Yahoo stocks are
still falling. They may say its not by much, but it’s only the beginning.