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Ballmer 'surprised' as Yahoo shares tumble

PCRetail Writes: "Yahoo gets 88 percent of the revenue," states Microsoft CEO

Microsoft CEO Steve Ballmer said he was surprised by the market's negative reaction to yesterday's landmark agreement between the company and Yahoo.

Both groups are partnering together in a new war against Google's search engine supremacy. Yahoo's website will now be powered by Microsoft's Bing search engine tech, while Yahoo will now act as the advertising sales team for both companies' premium search advertisers.

And yet Yahoo shares fell 12 percent yesterday following the announcement. "Yahoo gets 88 percent of the revenue," said Ballmer during the company's analyst day in Washington. "I was kind of surprised by market reaction."

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Ninji3036d ago

Nobody wants to be involved with anything dealing with Yahoo now that Microsoft will be there. Google is much better anyways.

Mo0eY3036d ago

I agree.

What happens when Microsoft touches something they want? It turns to sh!t.

Lionhead Studios, RARE aren't making their quality games like they use to.

Bungie abandoned ship and Ensemble picked up the pieces just to dissolve.

The other first and second parties either quit or dissolved into something else.

Surprising, isn't it, Mr. Ballmer?

KionicWarlord2223036d ago

Rare and lion head make good games .

This is my opinion though . Bungie on other hand has made amazing games with Microsoft`s Halo team .

Also ensemble broke up to 3 different companies .

http://windstormstudios.com...

http://www.bonfire-studios....

http://www.robotentertainme...

We might see some good games from them in the future .

There independent you know.

Nelson M3036d ago (Edited 3036d ago )

Here's some advice
Beside's Go Get yourself a Haircut and have a Bath
Learn how to Stand Upright when giving your Speeches
You Stupid Fat Smelly Knuckle Draggin BaBoon

JBaby3433036d ago

LOL I don't know why but that just made me crack up laughing.

Raf1k13036d ago

Ballmer's not the kind of guy who could take a hint is he?

Rockstar3036d ago

Has anyone here tried that "Bing search engine tech"?

It sucks.

Google FTW

Ju3036d ago

They advertise the hell out of it lately. Interestingly without mentioning Microsoft much. Just at the commercial I saw, they stick the Microsoft sticker on very shortly before it ends on the bottom corner. Didn't even recognize that the first time. But not sure what's so special about it. Tries to be too fancy, IMO. Google (and especially google maps with its integrated search engine) is it for me.

NotSoSilentBob3036d ago

IT shouldn't surprise anyone, since just about everything that MS gets their hands on is shut down, its only time before Yahoo sells out 100% to MS and 5 years later is closed down.

RealityCheck3036d ago

I agree but not because it is MS, it is like that whenever a desperate deal like that is made. Basically Yahoo is admitting that they lost their edge and have no idea or motivation to recover on their own. They are done for, the only thing left to guess is when. 2 years would be my guess but 5 as you mentioned is possible if it is a slow death.

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