Yahoo to join Microsoft?

Quoting our favorite source of “people familiar with the situation,” the Wall Street Journal (subscription required) claims that executives at Microsoft and Yahoo are in early-stage discussions about merging the two companies to take on Google. Investors seem to be taking this seriously, as Yahoo shares surged in overseas trading because of this news. The company’s market value is now close to $38 billion up from $32 billion earlier this week. So if you want to quantify this rumor, there you have it: the world thinks its worth $6 billion dollars.

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