Microsoft offered a whooping US$44.6B (as in billion) bid for Yahoo!

To quote: “We have great respect for Yahoo, and together, we can offer an increasingly exciting set of solutions for consumers, publishers, and advertisers while becoming better positioned to compete in the online-services market,” Microsoft CEO Steve Ballmer said in a statement.

More of this from here.

What happens if this pushes through? Microsoft + Yahoo! =MY && MY to compete with Google?

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