280°
Submitted by Omicronn 2356d ago | news

Yahoo to Reject Microsoft Bid: Reports

In a bid to remain independent, Yahoo plans to reject Microsoft Corp.'s unsolicited takeover offer, according to reports on the Wall Street Journal's web site. (Industry)

Credit url: online.wsj.com
Alternative Sources
whoelse  +   2356d ago
yay!
TheTwelve  +   2356d ago
Good for Yahoo. About time somebody stuck it to Microsoft and doesn't sell out. Folks at Google can now drink to this...

12
socomnick  +   2356d ago
:/ not really sure why Microsoft wanted Yahoo.com Is ad revenue that profitable?
Bladestar  +   2356d ago
...
$521 billion, by 2010/year... that's what people think... but you see that's not including ingame and other platforms... Google has a monopoly over that and microsoft is trying to create a little more balance in that department... and even if yahoo and MSN combined google is still bigger...
#2.1 (Edited 2356d ago ) | Agree(6) | Disagree(8) | Report | Reply
DJ  +   2356d ago
It's because MSN costs them 500 million a year
while Yahoo makes billions in profit. I see it as an easy way to help pay for MSN, though a lot of people that work at Yahoo have spent the past decade battling Microsoft on the Online front; I doubt many of them would stay if Microsoft bought them out.

Since making MSN a great service hasn't panned out, they need some other way of gaining market share against Google.
GIJeff  +   2356d ago
really..
"microsoft is trying to create a little more balance in that department." because all MS wants is balance...sure...riiiiiiight.
AllroundGamer  +   2356d ago
GIJeff
yeah i had a great laugh too when i read that :) like when someone is desperately defending his master...
Bladestar  +   2356d ago
...
hah! I knew this was going to happen... I purchased like ??? yahoo shares at the news that microsoft may buy them... stocks went up... then It make sense that it would take a long time to even be approved ... and it may never be allowed since so many strong names like Google are against it which can slow the process.... so I sold... make some $$$... if you own yahoo stocks... and you don't want to lose money sell them... they will be worth what they used to before the bid.... which is $10+ less than today. And that's where is going once people know that the are rejecting it...

sharebuilder marketed grade this stock to D-(Sell) from B+(Buy) after this...

Now Yahoo is worth nothing... they will continue to bleed marketshare to Google until they are forced out of the industry...
I Make Stuff Up  +   2356d ago
Ahem
Thank you for that lesson in smart investing.
It opened many eyes I believe.
No, really. I mean it.
Seriously.

Come on, people. Stop laughing. I'm really serious. What's so funny?
#3.1 (Edited 2356d ago ) | Agree(7) | Disagree(1) | Report | Reply
GIJeff  +   2356d ago
lol
yahoo is worth nothing? buhahahahahahahahahahahahhaaha hhahahaaaaaa.
games4fun  +   2356d ago
lol
i'm sure yahoo is so horrible we should all sell our stocks because microsoft wont get their mits on them is that really economics talking or fanboyism?

quick sell yahoo stocks because msft wont be their to hemorrhage money for a few years before they make any kind of profit ya sound advice all this does is make yahoo look stronger
Bladestar  +   2356d ago
...
It's not a lesson... it's a fact... prior to google bidding google.. the stocks were $10 less than what they are today... went up because of the posibility of microsoft buying it... what do you think is going to happen now to the stock smart guy? Go back to what it was or even lower... you are loyal and anti-microsoft... go on... put your life saving on google stock today... and ignore what I am saying... it will drop at least $10... you don't have to believe me... open a free sharebuilder account... and see the rating on google stock....

and yeah... you may think low of microsoft... but even the bad guys can create a balance... just like you wouldnt be gettings lots of things if the xbox 360 wouldn't exists... like rumble... even a online service... competition regardless of who it is... benefit the consumer... you guys specially DJ are single sided and single minded... you talk about monopoly in a negative way when microsoft is the one doing it... but when it's someone like google then it's ok...
when google purchase double click.. and monopolized the online ad industry.... i didn't hear you complain...

and by the way... I dont use yahoo nor msn... only google... why? because i think google is better... but this is not about what i like but the fact that google is growing too big which can force all other browser to become obsolete... google already has 80% marketshare.. both yahoo and MSN marketshare keep going down... so regardless of how much you hate microsoft and how much I Prefer google... at the end of the day... who will benefit if the only search engine is google?
#3.4 (Edited 2356d ago ) | Agree(2) | Disagree(2) | Report | Reply
games4fun  +   2356d ago
bladestar
your one to talk about fanboyism putting irony aside i didn't say anything bad about competition in fact i am glad there is competition its just when a monopoly instead of innovating just buys out the competition and online gaming for consoles came from the dreamcast/sega and micro pulled support for their software on dreamcast which was contributing factor for it failing imo, their are 1000's (some make little to no profit but they are still around) of search engines out there who cares about market share? the internet is different people can make anything they want on it to compete

i am anti-msoft but i am still typing away on their pc mainly because i need word documents so that the university will accept my papers also when it comes to consoles i will gladly own them all if i could in fact i bought a ps3(for a # of exclusive franchises) because imo its the best to get when i have some extra money later ill get a 360 (to play gears of war) and then a wii (they have skies of arcadia 2 coming out for it) in fact i am more anti-nintendo because they in my opinion are ruining the gaming market with iterations of mario and zelda rehashes to sustain them followed by casual games but even i will still buy these products because I'm a consumer first

also if i wanted to hear about what stocks to get i wouldn't listen to you because you have a history of being msoft oriented when msofts stocks were going down i never heard about selling their stocks from u but only when msoft does well do i hear about stocks which is fine i think this actually put yahoo in a good light as being a strong company that could say no but this is all My Opinion which shouldn't be taken into account when making decisions about stocks just as your's shouldn't be, don't tell people what to do with their own money just worry about yours.

On a sidenot DJ below wrote factual happenings to back up his point and you used an estimate rating system on yours whose got more solid info "smart guy" i would side with DJ on this one
#3.5 (Edited 2356d ago ) | Agree(2) | Disagree(1) | Report | Reply
Bill Gates  +   2355d ago
Bladestar bro, sometimes you make absolutely no sense what so ever. This being one of those times.
#3.6 (Edited 2355d ago ) | Agree(1) | Disagree(0) | Report | Reply
DJ  +   2356d ago
A 3rd place competitor trying to buy out their 2nd place competition?
Last time I checked Microsoft lost half a billion dollars on MSN last year while Yahoo made quite a lot of profit. Yahoo does not need Microsoft to survive, and they SHOULD reject this deal.

I use Yahoo about as much as I use Google, so I'd be pretty ticked if Microsoft started screwing things up on the Yahoo side.
GIJeff  +   2356d ago
I am with you
nobody uses MSN because they constantly try to shove MS BS in your face. Its annoying. Yahoo and Google are the only things i use.
games4fun  +   2356d ago
i use yahoo more
when i search for something i pick yahoo first and then pick Google as a second i actually like them both i would have stopped visiting if msft got hold of them i could see it now live posted everywhere and a system based on msoft pnts for emailing and paying for said email its only 300 pnts and you get to email all your friends who have the same service quicker
#4.2 (Edited 2356d ago ) | Agree(2) | Disagree(1) | Report | Reply
Bnet343  +   2356d ago
MSN Messenger is the most used outside of America believe it or not.
resistance100  +   2355d ago
';nobody uses MSN because they constantly try to shove MS BS in your face'

You serious? i don't know one person under 25 who hasn't got an MSN account and who uses it quite often.

MSN is huge, and its the best thing MS have ever done imo.
kewlkat007  +   2356d ago
I said this if they reject this OFFER
some yahoo employees are still in trouble because Yahoo is going to have to downsize to cut COST, like most do.

It's either that or re-energize their business to compete with google, or buy other small companies that can make them stronger.

Now if this deal would of gone through, it just means much more would of lost jobs with MS take-over, but hey that's just business.

Either way, Yahoo is still exacerbating their options on what to do...Tough times ahead.

MS is in this to compete, when it feels threatened, then again weren't they saying Goggle has slowed down a bit. I wonder what investors are thinking on the yahoo side..44 blil
#5 (Edited 2356d ago ) | Agree(1) | Disagree(1) | Report | Reply
games4fun  +   2356d ago
kewlkat
i think that they should make a merger of some sorts with another search engine such as ask jeeves or merger with a company that doesn't have a search engine per se such as apple, apple is good at software and they could add itunes and other things along that line to compete with google, apple as i know of, does not have some sort of big search engine so they would not lose any jobs unlike the msft deal
#5.1 (Edited 2356d ago ) | Agree(0) | Disagree(0) | Report | Reply
wageslave  +   2356d ago
YHOO knows they are failing, and MS wants to jump forward in time and not have to wait to build share.

YHOO is holdling for a better price, that is all.
IntelligentAj  +   2356d ago
If Yahoo is holding out for a better offer then they are stupid. That MS offer is a 50 or 60% premium. They're not going to find a better price.
TheWickedOne  +   2356d ago
Good
BLaZiN PRopHeT  +   2356d ago
there are different ways for them to take over yahoo. this was just the nice way of doing it. the board of directors for yahoo come up for reelection in march. new people who are pro buy out can be put in place by the share holders. also the board of directors has to show the share holders that theres a good reason for them to turn down the offer. MS was offering much more than the company was worth. id say around july MS or another company will own yahoo.

i know people are going to disagree with me but all you have to do it look it up yourself and you will see that everything i have said is right.
wageslave  +   2356d ago
This forum is filled with children who think shareholders have an irrational dislike for MS. They are holding on to child-like notion that they are staging a rebellion against MS.

Boardrooms of institutional shareholders of YHOO are *more* than happy to see YHOO get saved from its downward spiral by MSFT.

Im sure you are correct, but this is certainly not the forum for reasonable dicussion on matters of import.
welsh_rocker  +   2356d ago
I'm glad Yahoo said no M$ think chucking money at everything gets them what they want someone needs to stand against them.
PMR_21  +   2356d ago
haha
suck on that micro$HAFT!
Bender  +   2356d ago
HAHAHAHAHAHA!!!!
Another blow to BABOON HQ!
Graphics by ATi  +   2356d ago
Good. I'm glad.

Microsoft doesn't need to expand anymore, regardless of their reason for wanting to do so.
360_Rules  +   2356d ago
Do you fools really care about Yahoo? LOL
360_Rules  +   2356d ago
I bet the shareholders are going to take the money and run. LOL

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