MICROSOFT TO BUY YAHOO

Yahoo over the past few years has been struggling to keep up with Alphabet Inc’s Google and Facebook Inc in the battle for online advertisers. In the wake of this, it has decided to auction its core Internet business, which includes search, mail and new sites.

Sources report that, Microsoft executives are in early talks with potential Yahoo Inc investors about contributing to financing to buy the troubled Internet company.

Though it was added that the talks are preliminary, it was also noted that Microsoft is focused on preserving the relationship between the two companies. Microsoft is focused on preserving the relationship between the two companies. Microsoft and Yahoo have longstanding search and advertising agreements.

A number of firms have shown interest in the Yahoo deal and have approached Microsoft. Microsoft declined to comment.

Verizon’s chief Financial Financial Officer Fran Shammo said in December that the U.S. wireless carrier could look at buying Yahoo’s core business if it was a good fit.

Activist hedge fund Starboard Value LP moved on Thursday to overthrow the entire board of Yahoo, including Chief Executive Marissa Mayers, who has struggled to turn the company around in her nearly four years at the helm.

This would not be the first time Microsoft would be showing interest in buying Yahoo. In 2008, Steve Ballmer tried unsuccessfully to buy Yahoo for about $45 billion.