In an apparent admission that live.com isn’t quite snapping at Google’s heels, the financial press are reporting that Microsoft has renewed discussions with Yahoo.
Yahoo’s shares are up 18% in early trading at $33.29, while Microsoft was down 1 per cent at $30.66.
Last year Yahoo turned down an offer from Microsoft to buy a stake in Yahoo’s search business.
Okay Slaw readers, is this the markets in pursuit of an easy story? When did any of you last use Yahoo to access information?
For the background see Business Week.