Microsoft Offers $44.6B for Yahoo

February 1, 2008 Microsoft Offers $44.6B for Yahoo (AP)

This set of flagpoles sits at one of the entrances to Microsoft Corporation in Redmond, Wash., Monday, Oct.19, 1998. Microsoft Corp. offered Friday Feb. 1, 2008 to buy search engine operator Yahoo Inc. for $44.6 billion in cash and stock in a move to boost its competitive edge in the online services market. (AP Photo/Joe Brokert)

(AP) -- Microsoft Corp. has pounced on slumping Internet icon Yahoo Inc. with an unsolicited takeover offer of $44.6 billion in its boldest bid yet to challenge Google Inc.'s dominance of the lucrative online search and advertising markets.

Content from The Associated Press expires 15 days after original publication date. For more information about The Associated Press, please visit www.ap.org .

Similar stories from PHYSorg:

Bing gains search market share, nears 10 percent

Nov 17, 2009 | not rated yet | 0

Microsoft, Yahoo! in search, ad talks

Apr 10, 2009 | 3 / 5 (1) | 0

Yahoo director to step down at end of year

Sep 25, 2009 | 5 / 5 (1) | 1

Yahoo CEO: Shake-up needs more time, not Microsoft

Jun 03, 2009 | not rated yet | 0

Microsoft to unveil new search engine Kumo next week

May 20, 2009 | 4 / 5 (1) | 1

Rate this story - 3.6 /5 (17 votes)

rank
1
2
3
4
5

view popular

Other News

Smarter cars are gaining traction (w/ Video)

Technology / Engineering

9 hours ago | 5 / 5 (1) | 0

(PhysOrg.com) -- Lives can depend on a vehicle's moment-by-moment traction. New European technology promises to make cars as good as experienced, alert drivers at sensing and adjusting to wet, snowy or icy ...

Scientists improve chip memory by stacking cells

Technology / Semiconductors

4 hours ago | 5 / 5 (3) | 2

(PhysOrg.com) -- Scientists at Arizona State University have developed an elegant method for significantly improving the memory capacity of electronic chips.

Putting the squeeze on data

Technology / Computer Sciences

10 hours ago | 5 / 5 (2) | 0

(PhysOrg.com) -- Data compression is one of the fundamental research areas in computer science, letting information systems do more with less. It’s the reason the iPod nano can hold thousands of songs instead ...

Many take dim view of new-fangled Christmas lights

Technology / Energy

12 hours ago | 1 / 5 (4) | 6

(AP) -- To Steven Walls, it's beginning to look nothing like Christmas, anywhere he goes.

Modern tests demonstrate soundness of old iron bridge

Technology / Engineering

16 hours ago | 4.3 / 5 (6) | 2

An unusual bowstring truss iron bridge that carried traffic across Roaring Run in Bedford County, Va. for almost 100 years is now a picturesque footbridge at the I-81 Ironto, Va. rest stop. Built in 1878, ...