Tuesday, April 15, 2008

Yahoo comes out Swinging.............go yahoo.

Microsoft threatened a hostile takeover to Yahoo. CEO Jerry Yang was not having it. Yang responded the letter written on 4/5, with a letter of his own. Yang said that Microsoft's bid of 44.6 billion dollars undervalued Yahoo not only in its current state but also its given potential. On 4/9, Yahoo announced Index-tools which is an online advertising analytics provider. Then later that same day, the company also said that they will run Google ads alongside its own search results, for exploring options for gaining revenue and market share and keeping it out of Microsoft's hands.

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