Microsoft is now walking away from it’s bid to buy Yahoo. We must assume that, for the last month, the adults at Microsoft were busy and someone let the kids all over the big mind-control lasers.
I don’t know anyone who thought this was a good idea. Apart from Yahoo shareholders who were looking to cash out. It would be equivalent to Microsoft spending $50 billion of their ‘hard earned’ cash to buy an empty bag (though, they did spend $15 billion to buy a sliver of FaceBook which amounts to an empty bag).
It remains to be seen whether or not anyone at Yahoo has the balls to actually make something of it or whether Yahoo will just continue to decline in relevance.