Ballmer: We're Lucky Microsoft Didn't Buy Yahoo 151
alphadogg writes (quoting Networkworld): "Microsoft CEO Steve Ballmer feels intensely fortunate that his company's $44 billion bid for Yahoo back in 2008 never materialized. 'Sometimes you're lucky,' he said with a smile at Web 2.0 Summit, responding to a question from conference co-chair John Battelle. Careful not to offend his search market partner, Ballmer put his comment in context, saying that any CEO would feel grateful for not making a major acquisition in the months prior to the global financial collapse that started in the second half of 2008."
The really winner is Jerry Yang (Score:5, Funny)
Sure he turned down an offer of $33 a share from MS, only to have the stock plummet to half that value almost immediately afterwards. But he got to tell MS to go to hell, man!
This sounds like a good Microsoft strategy. (Score:5, Funny)
Whenever they feel the need to embark on "yet another ill conceived venture" they could
simply sit on their hands and reap the benefits of not having done it.
Re:We need a new Yahoo, or do we? (Score:5, Funny)
I have put together a list of websites guaranteed to contain no crap. Here it is: