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Reuters reports:

Microsoft said Wednesday that it did not need to buy Yahoo to gain scale in online advertising, because it had "all the pieces" to build a successful ad business.

Speaking at the Goldman Sachs Internet Conference in Las Vegas, Microsoft's chief advertising strategist, Yusuf Mehdi, said that the company was already bigger than Yahoo in terms of users of its Web services like e-mail and instant messaging.

Three weeks ago, I calculated the odds of a MSFT/YHOO deal:

No. No way. Never.

I was able to see where this story was going due to my detailed knowledge of the tech industry, my comprehensive understanding of corporate finance and not being totally retarded.

Posted by edelfenbein at May 24, 2007 9:26 AM