Microsoft Drops Yahoo Bid, Returns To Shadow Lurking

In perhaps the most telling sign of the Post-Bomb tech world, Microsoft finally gave up on their bid to take Yahoo over this past weekend. While some expected Microsoft to go ugly and force the issue via burning and pillaging hostile takeover, the software conglomerate announced on Saturday that they would be dropping the idea altogether.
While Microsoft has consistently raked in the cash in past years when it comes to software, the company has not fared well in the new medium of web application and advertising. As The Economist reports, both Microsoft and Yahoo have been a far second and third to Google in these areas, which undoubtively was a talking point during the buyout considerations.
Now that the deed isn’t done, two things are expected to happen today. First, Google Execs will toast their eight dollar coffees with each other in tyrannical glee. Second, Yahoo (and possibly Microsoft) stock is set to fall in shame. After only an hour of trading as of the writing of this story, Yahoo has already fallen nearly twenty percent. Ensuring that things won’t be positively viewed for the aging tech companies, and possibly solidifying Google’s top dog position for some time.



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