“Yahoo said it expects the deal to generate $250m to $450m in operating cash flow during the first 12 months, and that it represents an annual revenue opportunity for Yahoo of $800m. The deal is for an initial period of four years, with an option for Yahoo to extend it for a further six years.”
Google (with Steve Jobs smirking in the background) was reported as saying: “This is big, bigger than the biggest thing ever (other than me).”
Microsoft was reported as doing nothing much, except staring wide-eyed like a rabbit in the middle of the road, waiting to be run over.
“As part of the deal, the companies also plan to make their instant-messaging services interoperate, Decker said.”
Bye-bye Microsoft Instant Messenger, and within a decade – bye-bye Microsoft.
God I just love the world at the moment…