Bad for YOU? The Microsoft Monopoly meddling with the Internet - Hostile TakeOver of Yahoo

[For months now, the investment advisor, Jason Kelly in the USA has been predicting that Microsoft is after Yahoo with some nasty intentions.

Kelly has a computer background and he was saying that Microsoft is really tied to your hard disk drive. Microsoft is actually being trumped by Google and Yahoo. Kelly was predicting that Google and Yahoo were quietly taking the whole world to the next level by creating what you might call an "Internet Operating System". Google already has it. Basically, you can start storing information and doing all manner of transactions directly on the internet.

Thus Microsoft sees Google as major competition, and it needs a foothold on the Internet. Hence it is gunning for Yahoo. But Microsoft's future survival is dependent upon its seizure of Yahoo. So Kelly predicted many weeks ago that this could get nasty and that Microsoft would play dirty if need.

Now, all of us have seen where Microsoft's monopoly leads. Remember how Microsoft killed Netscape and forced IE in? I must be one of the few who remembers how Microsoft killed Xenix the first Unix operating system for the home computer. This was in the 1980's, before Linux. Microsoft bought out Xenix and killed it dead.

Kelly has predicted that if Microsoft takes over Yahoo that we will see some nasty things - like for example - after a time, don't be surprised if Yahoo "works best" with only IE or something similar.

Kelly's website is here: http://www.jasonkelly.com/

Jason Kelly is the author of several extremely popular investment books for beginners. I've read them and they are extremely well-researched and compact. You get a mountain of relevant information packed into a few pages.

Now look at this business report which is proving Kelly's predictions true.

Although Microsoft says it will walk away, Kelly predicted that this is actually extremely important to Microsoft's long term survival and monopoly and Microsoft will not take this lightly. And as we can see, Microsoft is preparing to try for a hostile take over of Yahoo. The stakes are higher than Microsoft is making out, and Microsoft is quite desperate actually. Jan]

Report: Microsoft-Yahoo deal may go hostile Friday
Friday May 2, 7:34 am ET
By Jessica Mintz, AP Technology Writer

SEATTLE (AP) -- Microsoft Corp. may go hostile in its bid for Yahoo Inc. as soon as Friday, according to a published report.

Citing unnamed people familiar with the matter, the Wall Street Journal reported early Friday that the world's largest software maker may be preparing to go straight to Internet pioneer Yahoo's shareholders.

An announcement was "likely" to come Friday, according to the report, though the newspaper said its sources cautioned that Microsoft may delay.

Chief Executive Steve Ballmer told employees in a company assembly Thursday that he knows how much he'd spend to buy Yahoo and accelerate his company's Internet play.

"We're willing to pay for that at some level, and beyond that level we're not willing to pay for it. I know exactly what I think Yahoo is worth to me," the executive said. "I won't go a dime above, and I will go to what I think it's worth if that gets the deal done."

But he didn't offer a figure, and he didn't say whether Microsoft is considering raising its unsolicited bid, worth $44.6 billion at the time it was made in early February.

The offer is currently worth about $42.4 billion, or $29.48 per share, based on Microsoft Corp.'s closing stock price Thursday. Yahoo Inc. has rejected the offer, saying it undervalues the company. Microsoft's board has been considering whether to raise the bid to as much as $33 per share, according to The Wall Street Journal.

Ballmer didn't provide any new insight into the company's efforts to buy the Silicon Valley pioneer during the meeting at Microsoft's Redmond, Wash., headquarters, but he did indicate that an end to months of speculation was near.

"We ought to announce something in relatively short order," Ballmer told employees.

His comments were first reported by Silicon Alley Insider, an online technology news site, and confirmed by a Microsoft spokesman.

Ballmer added that buying Yahoo is just one of many moving parts in the software maker's strategy to compete with Google Inc. in search and Web advertising, and that if neither a friendly nor a hostile deal "look good," he's willing to walk away.

Microsoft's board met Wednesday but reached no decision on a next step, the Journal reported. The software maker had given Yahoo until last weekend to agree to a deal or face the prospect of an ugly proxy fight.

Meanwhile, Yahoo is exploring a possible advertising partnership with Internet search leader Google Inc. or a merger with the online operations of Time Warner Inc.'s AOL as possible defenses if Microsoft tries a hostile takeover.

Impressed by a two-week test completed last month, Yahoo could firm up a long-term deal within a week, according to the Journal. Any alliance between Yahoo and Google would face intense antitrust scrutiny, however, because the two companies control more than 80 percent of the U.S. market for search advertising.

Yahoo and Google hope to allay those concerns by structuring their deal so their rivals, including Microsoft, could participate in an auction-based system, the Journal said.

Source Url: http://biz.yahoo.com/ap/080502/microsoft_yahoo.html

Posted By: Jan
AfricanCrisis Webmaster
Author of: Government by Deception

“Political language is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind.”
(George Orwell)

My all time favourite movie quote is from the Dwarf in Lord of the Rings: "Certainty of death, small chance of success... what are we waiting for?"