ms-yahooYahoo! was having a hard time keeping up with the growing revenue of Google and Microsoft. In its true form most sites started to predict possible outcomes – some argued its time for Yahoo! to pack its bags and hibernate. Others said Yahoo is going to be acquired. I am not in the business of making predictions, but looks like Microsoft is betting $45billion on Yahoo. CNBC reporter Jim Goldman got his hands on an internal MS memo outlining the massive bid.

Today, I am very excited to announce that Microsoft has made a proposal to acquire Yahoo!. This announcement represents a big opportunity for Microsoft, and is the next major milestone. He begins by writing: in our company wide transformation to embrace online services, search, and advertising.
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Our complementary assets will give us increased talent and scale to compete in the markets of search and online advertising, and pioneer new innovations in the areas of video, mobile services, online commerce, and social media.
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To date, we have made progress in our organic online services and advertising efforts, and by joining with Yahoo!, we will take the next step toward becoming a major search destination and social platform for consumers.

Yahoo! started off as a poster child company of the internet generation. But since the tech bubble burst at the end of the last decade Yahoo is having issues generating revenue to support itself. Considering the sheer volume of traffic that converges on Yahoo every hour of every day it is the number one destination of the internet population. But considering the economic standing of the company Yahoo board of directors and founders have to do what is best for the company and staff as well as for the millions of visitors.