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Murdoch Won't Fight MS Over Yahoo

Sagittarius   on 10 March 2008 - 21:31 · 15 comments & 7515 views

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Rupert Murdoch said on Monday that News Corp. would not get into a fight with Microsoft over the acquisition of search engine Yahoo, confirming what most industry and Wall Street observers suspected. His statement came after a source familiar with the situation reported that Murdoch's company had been in talks with Yahoo over a transaction to combine News Corp's MySpace Internet social network and other Internet assets with Yahoo. "We're not going to get into a fight with Microsoft, which has a lot more money than us," Murdoch told investors at the annual Bear Stearns media conference.

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#1 HalcyonX12 on 11 Mar 2008 - 00:18
I'm surprised if a purchase would be approved by the antitrust regulators... why does FOX think they couldn't make an offer? Then at least the shareholders wouldn't have to sue their own company, it's not exactly good for the stock...
(1 reply) #2 mrmckeb on 11 Mar 2008 - 01:10
Hahahahahaha. I like the line "which has a lot more money than us".
#2.1 brent3000 on 11 Mar 2008 - 05:37
i know i read that and was like... 0wned
#3 toadeater on 11 Mar 2008 - 07:03
Probably because he's not looking to turn Yahoo into a dumping ground for his proprietary software, as a certain other company would like to do, because they are unable to compete on a level playing field.
(4 replies) #4 graigchq on 11 Mar 2008 - 12:34
Yahoo! is! Gay!

Sooner its debranded and out of my life the better, don't really care who buys it or for how much, what matters to me is that my internet experience isn't ruined by crappy branding like Yahoo!

If microsoft own it, it'll be completely annihilated within six months and we'll never see it again

Here here

C
#4.1 4tehlulz on 11 Mar 2008 - 13:24
(graigchq said @ #4)
Yahoo! is! Gay!


How do you know? Gaydar?
#4.2 GreyWolfSC on 11 Mar 2008 - 14:09
(4tehlulz said @ #4.1)
(graigchq said @ #4)
Yahoo! is! Gay!


How do you know? Gaydar?

Nah, Yahoo turned him down...

@graigchq: Seriously, if all you can do is call something 'gay' as an insult what makes you think anyone wants to hear your opinion?
#4.3 C_Guy on 11 Mar 2008 - 14:26
"Yahoo! is! Gay!"

Let's have a poll! Who stopped reading after this line because...

-The grammar is horrible.
-The idea of applying a sexual identity to a search engine is absurd, or
-This demonstrates a complete lack of maturity and ability to formulate and express ideas.
#4.4 Swordnyx on 13 Mar 2008 - 03:16
(C_Guy said @ #4.3)
"Yahoo! is! Gay!"

Let's have a poll! Who stopped reading after this line because...

-The grammar is horrible.
-The idea of applying a sexual identity to a search engine is absurd, or
-This demonstrates a complete lack of maturity and ability to formulate and express ideas.


Hey look a smart person! I find it very strange that your name is C_Guy and my initials are C.G.
(2 replies) #5 LipSmacker on 11 Mar 2008 - 13:52
I for one like Yahoo and use it for things other than a search engine. I hope MS doesn't get a hold of it...
#5.1 akav0id on 11 Mar 2008 - 14:00
Exactly, I think some people are forgetting that Yahoo acquired Flickr and del.icio.us
#5.2 C_Guy on 11 Mar 2008 - 14:28
And others are trying to forget that and remember the good parts of Yahoo like Launchcast.
#6 GreyWolfSC on 11 Mar 2008 - 14:10
This will only make the Yahoo board look even more dumb. Not only did they refuse an attractive purchase offer, the other company they were 'courting' doesn't want them.
#7 sorlag on 12 Mar 2008 - 00:06
Yahoo is overrated... Microsoft should invest its money into advertising and building up their services
#8 graigchq on 22 May 2008 - 13:19
i still think yahoo! is! gay!

and yes, grammatical errors are included, to try and pin down just how silly using exclamation marks in a brand name really is.

lol - just tjhat fact that i made you post in retaliation makes my original post all the more worthwhile.

love you guys, just made my day...

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