Stephen Foley: Microsoft: Once bitten, but still not Yahoo shy
Stephen Foley is a former Associate Business Editor of The Independent, based in New York. He left in August 2012. In a decade at the paper, he covered personal finance, the UK stock market and the pharmaceuticals industry, and had also been the Business section's share tipster. Between arriving with three suitcases in Manhattan in January 2006 and his departure, he witnessed and reported on a great economic boom turning spectacularly to bust. In March 2009, he was named Business and Finance Journalist of the Year at the British Press Awards.
Friday 21 October 2011
Outlook So Microsoft is working on a new bid for Yahoo, in conjunction with private equity? Doesn't it learn? It had a lucky escape in 2008 and has done better out of a search-engine partnership instead.
It did not need to buy a piece of Yahoo's collapsing web publishing business then, and it does not now.
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