With Yahoo hitting a four year low, Microsoft has eyed on the search engine giant and one of the early pioneers of Internet search, Yahoo Inc. Sources estimate a whooping $50 billion price tag on this weakening Giant.
It should be noted that Microsoft had once negotiated and this is not the first time. Microsoft is now more willing and ready to pay more for this deal.
Google has been developing Internet-based tools and applications giving a blow to Microsoft all over. Google has also come up with Internet-based software which has given a blow to Microsoft Office. Microsoft is working with Goldman Sachs on these issues.
As its known, Google has more than 65% – 70% of the total search advertising and Internet searches online leaving out Microsoft and Yahoo with few percentages to take.
Another source states that Microsoft has offered a $44.6 billion offer to buy Yahoo! Inc.
Yahoo! Co-founder Jerry Yang is estimated to have lost almost half a billion dollars after failing to satisfy investor confidence after becoming the search giants chief executive officer in June 2008. This was mainly in wake of news that Yahoo is sending off 1000 employees.