2. Microsoft announced that Rupert Murdoc’s News Corp is willing to join hands in its bid for Yahoo.
To know more on why this deal(or no) is garnering so much attention,check this link to comScore ->A Global Internet Information provider.Here’s their press release regarding the ranking of the websites getting the most hits(unique visitors) for the month of February,2008.
According to the report, 185 million people visited a website in Feb,2008. Of these,
->Yahoo got 137 mil hits
->Google got 136 mil hits
->Microsoft got 118 mil hits
->AOL got 109 mil hits
In other words,the top 4 companies viz Yahoo,Google,Microsoft and AOL have significantly larger audience. Fox Interactive of myspace fame(owned by News Corp) occupies the 5th position(with 84 mil hits). So any merger among one or many of these companies would have incomparable advantage over the left out companies.
Personally I would hope for the Microsoft’s bid to succeed to maintain some competition,which would otherwise be dominated by Google and Yahoo.
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