Yahoo Chief Executive Jerry Yang has told employees that the struggling internet pioneer is still examining ways to avoid a takeover by rival Microsoft.
“Our board is thoughtfully evaluating a wide range of potential strategic alternatives in what is a complex and evolving landscape,” Yang wrote in an email.
“What’s become clear in the past few days is how much people care about this company. I’ve heard from many of you, and from other friends and colleagues from around Silicon Valley and across the globe, that we need to do what’s best …

Even with the bid by Microsoft to buy Yahoo, the combined company would be unable to knock Google off its web search and web advertising throne, industry watchers say.
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Early history of google
Google began in January 1996 as a research project by Larry Page, a Ph.D. student at Stanford. In search for a dissertation theme, Page decided to explore the mathematical properties of the World Wide Web, understanding its link structure as a huge graph.His supervisor Terry Winograd agreed and Page focused on the problem of finding …

Now we know it wasn’t just a rumor all these months. Microsoft (MSFT) has been seriously thinking about swallowing up Yahoo (YHOO) since way back in 2006. In what would be by far its largest acquisition ever
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SEATTLE (Reuters) - Yahoo Inc (NasdaqGS:YHOO - News) said it may take “quite a bit of time” to weigh its strategic options, including keeping the company independent, following Microsoft Corp’s (NasdaqGS:MSFT - News) $45 billion offer to buy the company.
In a weekend posting on the company’s Web site, Yahoo said …