Hey guys , i think most of you would be knowing this now as its the biggest news everywhere .
Microsoft bids $45 billion for Yahoo
for those who don't know about it - here is the link
I don't even know how many zeros are there in 1 billion lol
Microsoft has offered 61% of yahoo! share @ $31. Yahoo! is going to financial loss and planning to cut staff in this quarter. In this situation, there is no way Yahoo! can refuse Microsoft's offer.
Google has reacted on this dealing, they have blamed Microsoft to trying to play monopoly over Internet purchasing Yahoo!