Microsoft prefers a partnership with Yahoo rather than a takeover

If Jerry Yang, the current CEO of Yahoo, will be replaced in the near future, Microsoft might take advantage of this departure, in addition to the current financial market and weakening Yahoo!. Yet, as the boss of Microsoft, it is not. ballmerSteve Steve Ballmer at the meeting between Microsoft and its shareholders (yesterday, Wednesday 19 November), confirmed his former connection, saying that discussions were permanently closed about a takeover of Yahoo!. Following this announcement, the Yahoo! has lost nearly 20% of its value in a few hours after a slight rise due to the formalization of the departure of Jerry Yang. At present, the Yahoo! is now less than $ 10. Microsoft earlier this year was close to redeem each share of Yahoo! for a sum exceeding $ 30 ... The successor to Bill Gates nevertheless wished to clarify that it remained open to possible partnerships in research on the Internet. Concerning the current crisis on the computer industry - fall in production for many companies, forecasts revised downward, and so on. - Steve Ballmer said that Microsoft, however powerful, was not immune to suffer the consequences of this crisis, which should last until next year. Microsoft might be tempted to reduce its costs, including its hiring freeze, after a year 2008 very important in this sector with 11 200 recruits in the past year, and nearly 20 000 in two years. The investment in research and development remain important reassured Steve Ballmer.