Microsoft is also trying to challenge Google Inc with its own new search engine called Bing. The future of Yahoo's search business has been a key issue for investors.CEO early this year. If we ever have a deal with Microsoft it will be announced publicly and until we do, we have nothing to say," said Bartz at Yahoo's annual shareholders gathering in Santa Clara, Calif. Microsoft continued to lag far behind with 8% of the market, while rival Google Inc.20% market share in May, according to market research group comScore. We remain open to a partnership with Yahoo," Ballmer told a seminar at the Cannes Lion 2009 advertising festival.
Microsoft offered to pay up to $5 billion for Yahoo early last year, but was rebuffed by Yahoo's former leadership. Yahoo is the No. Bartz and Microsoft CEO Steve Ballmer have talked about forming a partnership on search but the possibility of a deal in the near term looks increasingly unlikely. There has been talk of a partnership between Microsoft and Yahoo in recent months, but no deal has emerged.Ballmer did not give further details.
GOOGLE continued to increase its share with 65% of the market share. Asked if a deal could be sealed in the next year, he said: "Who knows? Microsoft was rebuffed when it tried to buy Yahoo last year, but the Redmond, Wash.
--------------SUGGESTED----------------
Post a Comment