Epic Guide » internet http://www.epicguide.com Mostly Harmless Thu, 06 Aug 2009 23:43:09 +0000 http://wordpress.org/?v=2.9.1 en hourly 1 Microsoft goes after Google http://www.epicguide.com/2008/02/01/microsoft-goes-after-google/ http://www.epicguide.com/2008/02/01/microsoft-goes-after-google/#comments Fri, 01 Feb 2008 18:40:40 +0000 jon http://www.epicguide.com/2008/02/01/microsoft-goes-after-google/ Microsoft may still control the worlds desktop operating systems, but in recent years, Google has smash them on the internet.  Accross our client’s websites (250+, www.redfusionmedia.com) we have about 50% of all search traffic coming from Google, and the other 48% split between Yahoo and Microsoft.  That is why today’s news is ground shaking.  Microsoft has no debt, it has cash, and it just made an unsolicited bid for Yahoo.

Microsoft (MSFT, news, msgs) stunned investors and Internet users around the world this morning by making an unsolicited $44 billion bid to buy rival Yahoo (YHOO, news, msgs).

The offer was made last night and announced this morning. The $31-a-share offer is a 62% premium over Yahoo’s closing price of $19.18 on Thursday. Yahoo shares soared on the news, jumping 45% to $27.72 by 12:20 p.m. ET.  –  MSN

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