I was reading an article on The Guardian about the possibility that Microsoft will be rebranding Live Search as Kumo.com. A quick whois search confirms that Microsoft Corporation is indeed the owner of Kumo.com. Apparently the reason for this rebranding is that the brand Live isnt doing as well as Microsoft had hoped. The consensus on the web seems to be that Kumo.com wont be doing any better, it doesnt exactly roll off the tongue.
Nov 25
Feb 01
Microsoft said today that it has offered to buy struggling Internet firm Yahoo for $44.6 billion in cash and stock.
Microsoft said it had proposed $31 a share to Yahoo’s board of directors.
The offer represents a 62% premium above the closing price of Yahoo stock yesterday, it said.
