Google withdraws advertising deal from Yahoo!, Yahoo! pleads with Microsoft to buy it
Search giant Google has withdrawn its potential advertising deal with Yahoo! due to fears of regulatory denial and the hassle of associated lawsuits. It’s a move that leaves Yahoo! floundering without a clear direction, and has led many bloggers to call for the head of CEO Jerry Yang.
Yahoo! has a lot of good stuff in the pipeline, and it’d be a great shame if it goes under. After rejecting a deal with Microsoft earlier this year, however, they’re now pleading with the software giant to buy them. CEO Yang says: “We’re willing to sell the company.”
It remains to be seen what’ll happen, but one thing’s for sure – there are rocky times ahead for the owner of the most popular portal on the internet.
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