Microsoft said Saturday that it was abandoning its blockbuster bid to acquire Yahoo after it raised its offer by $5 billion but Yahoo rejected it as still too low. This is good news for me. I didn't expect Micosoft to buy Yahoo in the beginning, so I am very happy to hear this news.
According to non-official statement, Microsoft and Yahoo will combine with each other, and they will beat Google in internet advertising industry. This is another news for me. Because I've notice that some of the actions Google took are not wise. So if Microsoft and Yahoo will beat it, it will force Google to take wise action, at that time, we internet hunters will enjoy good profits and healthier internet environment.