Friday, February 1
Microsoft wants to buy Yahoo for $44.6 billion as a way to improve its competitive position online.
"We have great respect for Yahoo!, and together we can offer an increasingly exciting set of solutions for consumers, publishers and advertisers while becoming better positioned to compete in the online services market," said Steve Ballmer, chief executive officer of Microsoft, in a press released Friday.
Remember Yahoo has seen some major money problems. Yahoo financial problems worsened in recent months, as it announced plans to lay off as many as 1,000 workers.
Sounds like a shark circling a sick shark to reshape the new media landscape.
Where are the Ida Tarbell's of our day?