We are reading through the various punditry now, and from a Windows Mobile fan's perspective, this could potentially be really great. The merger of MSN and Yahoo's services -- both online and desktop -- would become best of breed right quick. The implications are wide reaching, too. For example, Microsoft would then own Flickr and have a vested interest in making that work better with Windows Mobile. Microsoft knows that online services are where it's going to be (heck, it's where it's at now), so this would also help them against Google.
So we'll see how it goes down. Here's the thing, though: does anybody else feel like this is AOL/Time Warner all over again?
Microsoft Proposes Acquisition of Yahoo! for $31 per Share
Transaction valued at approximately $44.6 billion in cash and stock; provides 62 percent premium to current trading price for Yahoo! shareholders; combined entity to create a more competitive company, providing superior value to shareholders, better choice and innovation for customers and partners - Press Release