Software maker Microsoft Corp. asked search engine operator Yahoo Inc. to re-enter formal negotiations for an acquisition that could be worth $50 billion, the New York Post reported on Friday.
Microsoft is feeling increasing pressure to compete with Google Inc. which plans to beef up its portfolio with a $3.1 billion buy of online advertising company DoubleClick Inc.
Wow. $50 billion. I'm thinkin' Microsoft is getting serious about their intentions to compete with Google.
I don't think so.
Should they be?
source: Forbes.com
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