Ill be honest, I dont really understand the renewed interest, unless there is a chance the board will be replaced as Carl Icahn wants. Its on the table that it’s possible that Microsoft will buy only the search part of the Yahoo! business. This suprises me. As I’ve said before, if Microsoft can get their act together with their own search techonology they they wont need to buy Yahoo! search. At a price of 1 billion dollars for Yahoo! search it must be a better use of funds to keep that money and spend it on research instead.
From Yahoo!’s point of view they should really be saying where they are going to take the business in the future, this is the only way that they can reasonably say that Mircosoft’s offer is too low. Too low, why? what are you going to do in the next 5 years to increase the share value above Microsofts current bid. I haven’t heard anything, Yahoo! are not doing themselves any favours keeping quiet about future plans. It could be that the press is biased to the Icahn and Microsoft side of the story? Maybe Yahoo! have got plans but they are not sharing it?
If Im honest I believe Microsoft must want to buy the whole of the Yahoo! business. To me anyway, it just doesnt make sense that Microsoft would buy the Yahoo! search for a billion dollars, it just doesnt look like good value. Much better for Microsoft to buy the whole of the Yahoo! business and take over the millions of Email accounts that Yahoo! has and all the content that Yahoo! has and all those millions of viewing hours that the Yahoo! content has. Its content has many times more viewing hours than their search results. Just ask Google, they get what? 10 times as many searches as Yahoo! yet in total, people spend more hours looking at Yahoo! content than Google. Content is where the money and influence is and at the end of the day, that is what all companies want.
As for Microsoft saying to the BBC that they are no longer interested in Yahoo! because they are losing key staff. This is a blatant attempt by Microsoft to weaken Yahoo!’s position by syaing the company really isnt worth that much. In fact ill go one stage further about Mircosoft’s plans, they only thing they are interested in, is the information and the email accounts of Yahoo! users and the fringe benefits that go with Yahoo! are a bonus.