Current Events

February 12, 2008

If you’ve been keeping up with the news lately then you’re probably aware that Microsoft offered a $44.6 billion bid on Yahoo!. Recently, Yahoo! turned down the offer. They feel that Microsoft has “undervalued” them. Microsoft responded, and they feel that the offer is fair. Yes, I just went through a week of news in 30 seconds. Why did I just pass over this like I’ll be passing over the entire Valentine’s Day? Because this isn’t big news anymore. What I’m trying to say is that we’re so used to crazy business deals, unethical business practices, and gussied-up media hype, that even a bid on Yahoo! by Microsoft doesn’t phase us. There were many a blog that reported on the deal, and of course it made it into newspapers and TV news, but it didn’t become an “end of the world” style foretelling of the future. It’s just business. Thank goodness for that. And even though the current news is that Yahoo! rejected the offer, that doesn’t mean Microsoft is going to drop the issue. Just like the kitty in the picture, they’re biding their time…

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