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September 6, 2008 1:24:35 AM CDT

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Google to Microsoft: Not So Fast

Posted Feb 3, 08 9:00 PM CST in Technology,  Business 

(Newser) – Google is offering to help Yahoo thwart Microsoft’s attempts at a hostile takeover, the Wall Street Journal reports. After Microsoft announced its $44.6-billion bid, Google’s CEO Eric Schmidt called Yahoo’s Jerry Yang on Friday to bolster talk of an ad search alliance, support Yahoo’s efforts to find a higher bidder, or help the struggling search giant remain independent.

Google panned its chief rival on its blog today, arguing Microsoft’s pursuit of Yahoo “raises troubling questions” in light of its anti-trust track record. Microsoft retorted a Yahoo acquisition would challenge Google’s ever-powerful business. Google won’t offer its own bid, but could help AT&T, News Corp., or Time Warner mount their own. Yahoo has no clear favorites, the Journal says.

Source Wall Street Journal

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This combination of two photos shows Microsoft founder Bill Gates, left, and Yahoo CEO Jerry Yang. Microsoft Corp. on Friday, Feb. 1, 2008 pounced on slumping Internet icon Yahoo Inc. with an unsolicited...   (Associated Press)
A Times Square news ticker flashes a headline about Microsoft above a billboard for Yahoo! in New York in this Friday, May 4, 2007 file photo. Microsoft Corp. has pounced on slumping Internet icon Yahoo...   (Associated Press)
Yahoo CEO Jerry Yang gives a keynote address at the Consumer Electronics Show (CES) in Las Vegas, Monday, Jan. 7, 2008. After being the subject of a hostile takeover by Microsoft, Yahoo is mulling advances...   (Associated Press)
A Yahoo worker walks into Yahoo headquarters in Sunnyvale, Calif., Tuesday, Jan. 29, 2008. Microsoft Corp. has pounced on the slumping Internet icon with an unsolicited takeover offer of $44.6 billion...   (Associated Press)
The Google logo is seen on a podium and projected on a screen at Google headquarters in Mountain View, Calif. Google's Chief Executive Eric Schmidt called Yahoo Inc. CEO Jerry Yang to offer his company's...   (Associated Press)
Chairman and CEO of Google Inc, USA, Eric Schmidt gestures while speaking during a working session at the World Economic Forum in Davos, Switzerland, Friday Jan. 25, 2008. Schmidt called Yahoo Inc. CEO...   (Associated Press)
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Take that! Google, Microsoft duke it out over Yahoo, blog-style

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Google  • Microsoft  • Yahoo  • online advertising  • Jerry Yang  • search engine  • antitrust  • instant messaging  • Eric Schmidt  • web email accounts


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