I thought someone was joking when I first heard this but then I saw it pop up on some legitimate news outlets.
Seriously? Wow, this might go down as one of the bigger deals of our time if Yahoo accepts the $44.6 billion dollar offer Microsoft put in to purchase the search engine giant, which has been reporting decreased profits for some time, probably due to the fierce competition with Google. Stock prices have fallen 46% since reaching $34.08 in October. Jerry Yang announced earlier this week plans to lay off 1,000 members of the Yahoo staff in order to restructure the company.
Apparently, according to BBC, this deal has been talked about for awhile now but nothing has seriously happened til now. It’ll be interesting to see how this affects…well, the rest of the freakin’ world.