Google offers to help Yahoo repel Microsoft
Cory Bergman February 4th, 2008
Google CEO Eric Schmidt called Yahoo CEO Jerry Yang “to offer his company’s help in any effort to thwart Microsoft Corp.’s unsolicited $44.6 billion bid for Yahoo,” reports the WSJ. Google has been outspoken that a Microsoft-Yahoo deal “raises troubling questions.” Meanwhile, Microsoft CEO Steve Ballmer spoke to a group of analysts today and said the acquisition would help competition, not hurt it. “Google’s clearly got a dominant position. They’ve got about 75 percent of paid search worldwide,” Ballmer said. “We think this enhances competition. Anything else would be less good from that perspective.” (First link WSJ sub. req.)
1 Comment Add your own
1. Bill Gorman | February 4th, 2008 at 12:33 pm
I think this is just Google throwing sand in the gears of the deal, and I think it’s good business.
MS will likely get Yahoo, and I think the integration will be really hard. Any hassle from Google just makes it harder at very little cost to Google.
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