Ballmer: Microsoft's Web Strategy Doesn't Stop With Yahoo
Microsoft (NSDQ: MSFT) may be walking away from its $40 billion-plus bid to acquire Yahoo (NSDQ: YHOO), but there's little question that the company remains intent to invest and invent and maintain its role as a powerhouse in the tech services era. How it will do so is another question entirely.
"Although the acquisition of Yahoo would have accelerated our ability to deliver on our strategy in advertising and online services, I remain confident that we can achieve our goals without Yahoo," Microsoft CEO Steve Ballmer wrote in an e-mail to Microsoft employees on Saturday. "Ultimately, our goal is to build the industry-leading business in search, online advertising, media, and social networking. We are absolutely committed to being the leader in each of these areas."
