European antitrust regulators on Tuesday approved Google's US$3.1 billion merger with DoubleClick, which Google's CEO said will mean job cuts.
Yahoo announced a non-exclusive partnership under which rival Google will supply it with some search ads, a move that could increase Yahoo search revenue but that also gives Google even more power in the market.
While speaking in Moscow, Microsoft CEO and Yahoo suitor Steve Ballmer said, "Yahoo was never the strategy we were pursuing, it was a way to accelerate our online advertising business... We will spend money on some acquisitions. You can do a whole lot of things with $50 billion."
In these eBay days, buyer's remorse is increasingly common. Less common is the remorse of the unbought a sensation now widely reported among major Yahoo shareholders in the wake of Ballmer's retreat.
Microsoft CEO Steve Ballmer said Thursday in the US that its on-again, off-again talks with Yahoo were firmly in the "off-again" phase.
Nobody, least of all Yahoo and Google, doubted that the two companies' search-advertising deal would escape any antitrust scrutiny.
By now, the regulatory, cultural, practical and financial problems in Microsoft's Yahoo acquisition have been well aired. Let's skip forward to 2009, when they've all been solved and Yahoo is now a Microsoft brand.
Friday's New York Post writes that an independent group of Yahoo board members believes Yahoo CEO Jerry Yang may be letting emotions trump his better judgment; and that's why he's opposed to accepting Microsoft's buyout offer.
Google's acquisition of a tiny Web word processing maker turns the spotlight on a growing number of so-called Web 2.0 companies struggling to survive -- or angling to be Google's next purchase.
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Google feeling the pinch?
ZDNet correspondent Sumi Das talks with senior editor Sam Diaz about Google's financial future according to on… Watch it now
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