The word out of Silicon Valley today is that workers may benefit, but... Microsoft may spend as much as $1.5 billion to retain Yahoo employees if the Internet search company's board accepts the software giant's $44.6 billion buyout. At least, that's what Yahoo lawyer Edward Welch told a Delaware Court reviewing a suit by some stockholders of Yahoo who have challenged its resistance to the offer by Microsoft. But the deal wouldn't be good for consumers, according to Google (Do no evil) Chief Executive Officer Eric Schmidt. "If they go ahead and the merger is ultimately successful, it would be possible for Microsoft to integrate some of the properties and essentially eliminate consumer choice," Schmidt said. Yeah, well what else is he going to say?
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Eric... Relax... At the end of the day, you'll still be a billionaire!
