Microsoft Bids $44.6 Billion for Yahoo

Breaking news from NYTIMES,

SAN FRANCISCO — Microsoft said Friday that it has made an offer to buy Yahoo for about $44.6 billion, or $31 a share, in a mix of cash and stock.

The offer represents a 62 percent premium over Yahoo's closing stock price of $19.18 on Thursday.

If consummated, the deal would redraw the competitive landscape of the Internet consumer services business, where both Microsoft and Yahoo have struggled to compete with Google.

Microsoft said the combination of the two companies would create efficiencies that would save approximately $1 billion annually. The software giant also said that it has an integration plan to include employees of both companies and intends to offer incentives to retain Yahoo employees.

What is the www going to be , say if Microsoft buys Yahoo! ( for example), what will Google do? any threat to the search giant?

Too much gaming can be dangerous

How much time do you spend on the internet?
Are you a serious Gamer?
Is your passion gaming and you dont even notice since when you were playing?
Think again!!


According to a news by Reuters:
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A Chinese man dropped dead after playing Internet games for three consecutive days, state media said on Monday as China seeks to wean Internet addicts offline.

The man from the southern boomtown of Guangzhou, aged about 30, died on Saturday after being rushed to the hospital from the Internet cafe, local authorities were quoted by the Beijing News as saying.

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Play safe ....