15 July 2008

The pot calling the kettle black

Microsoft is whining about the Yahoo/Google deal, saying it will "threaten internet privacy". As if Microsoft gives a shit about internet privacy.
"If one company, Google, controls up to 90% of online search advertising, it will have a complete picture of your online activities," said Brad Smith, Microsoft's senior VP and general counsel. Smith was testifying before the Senate and the House's antitrust sub-committees, both of which are eyeing Yahoo's arrangement with Google for possible antitrust violations."
"While Microsoft may be genuinely concerned about the privacy and competition implications of Yahoo's search deal with Google, it also has strategic reasons for hoping that the arrangement falters or is blocked by lawmakers. Microsoft in recent weeks has put forth various proposals under which it would acquire Yahoo's search business and marry it to its existing MSN search network. The more that Yahoo's search unit becomes intertwined with Google, the more difficult it becomes for Microsoft to make such an acquisition. In its most recent proposal, Microsoft offered to purchase Yahoo's search business for $1 billion plus ongoing cash payments to Yahoo for in exchange for search referrals from its Web sites. Yahoo board members, in a conference call Friday that included billionaire investor Carl Icahn and Microsoft CEO Steve Ballmer, rejected the plan."

Rico says this is the elephants fighting; stay clear until the dust settles...

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