Google to Microsoft: Not So Fast

Web giant steps in, offers to help Yahoo rebuff rival's advances
By Wesley Oliver,  Newser Staff
Posted Feb 3, 2008 9:00 PM CST
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)
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(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.