Rumormonger: Yahoo board to decide on Microsoft's offer today
The Yahoo board of directors will meet today to finally determine whether or not to accept Microsoft's acquisition bid, according to TechCrunch. Outside advisors tell Yahoo's board to take the $44.6 billion offer. Yahoo senior executives -- desperate to save their jobs -- are begging the board not to.
These executives will today try to convince the board to outsource search to Google. Such a move would boost Yahoo revenues by around 25 percent, though costs could include 1,500 jobs and dwindling search market share. But on the bright side, Yahoo would remain independent, a state in which it has excelled these past three years.
Friday, February 8, 2008
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