Daily Roundup for 2008-02-04
Microsoft Makes Grab for Yahoo – WSJ.com The battle for supremacy in the Internet era is entering a tumultuous new phase. Microsoft Corp. placed a bold $44.6 billion bet that buying Yahoo Inc. can transform both companies’ flagging efforts to catch Google Inc. The software giant’s unsolicited offer for Yahoo represents a 62% premium over the Internet company’s recent share price and is a sign of Microsoft’s determination to narrow Google’s growing lead in the online advertisi