Microsoft has coveted Yahoo for a long time in its quest to better compete with Google, and now Mr. Softy has formally made a bid for Yahoo.
Microsoft's bid, which it made on Friday, is an unsolicited offer to purchase Yahoo for $44.6 billion in cash and stock. Mr. Softy is offering $31 a share for Yahoo, which is 62% above Yahoo's closing stock price on Thursday afternoon. Yahoo said it would consider the bid.
From a music fan's point of view, I'm wondering what the purchase, if it goes through, would mean for services like Yahoo Music. Would Microsoft try to put its clunky DRM protections or other restrictions on Yahoo music, in order to try to get users to pay for unrestricted content to try to make money to earn back some of the millions it would pay for Yahoo? Microsoft doesn't have a good track record on music and copyright-related matters, so I'm wary. And as someone who uses a number of Yahoo services, I'm not sure I want Microsoft in control of my personal info, especially in light of Mr. Softy's many problems with Windows security.
Friday, February 01, 2008
Microsoft Offers to Buy Yahoo
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