Space Industry and Business News  
Yahoo! search worth 'boatloads of money': Bartz

Microsoft tried last year to buy Yahoo! for 47.5 billion dollars in a vain effort to merge online resources to better battle Google, which rules more than 60 percent of the US online search market.
by Staff Writers
San Francisco (AFP) May 27, 2009
Yahoo! chief executive Carol Bartz said Wednesday that the pioneering Internet firm would be willing to sell its online search business to Microsoft but only for "boatloads of money."

Bartz's comment came during an onstage interview at an annual All Things Digital technology conference run by The Wall Street Journal in southern California.

"If there's boatloads of money and there's the right technology and there's the right information ... sure," Bartz said when asked about a possible deal with the US computer software giant.

"But you know there's two parties in all of this so the other party has to have a boatload of money," she said. "It's that simple."

She said that talks between Yahoo! and Microsoft are not dead.

Shortly after replacing Yahoo! co-founder Jerry Yang as chief executive in January, Bartz said that any talks about selling the business to Microsoft would remain private.

"If we're going to negotiate it's as companies negotiate and that is privately," Bartz said in March.

Microsoft tried last year to buy Yahoo! for 47.5 billion dollars in a vain effort to merge online resources to better battle Google, which rules more than 60 percent of the US online search market.

Yahoo!'s share of the market is about 20 percent and Microsoft trails with slightly more than eight percent, according to April figures from industry tracking firms.

"Google is a fierce competitor," Bartz said during her onstage chat Wednesday. "But they don't have the positioning and reach that we have. We are totally different companies. We are a place people come to be informed."

Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
Satellite-based Internet technologies



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


Russian Web firm invests 200 mln dlrs in Facebook
San Francisco (AFP) May 26, 2009
Facebook said Tuesday that a Russian Web investor had purchased a nearly two percent stake in the social network giant for 200 million dollars, valuing the company at some 10 billion dollars. Digital Sky Technologies (DST) was also offering to purchase at least 100 million dollars of Facebook common stock held by current and former employees of the Palo Alto, California-based company ... read more







The content herein, unless otherwise known to be public domain, are Copyright 1995-2009 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement