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Yahoo Rejects Microsoft Search Offer 129

mytrip writes to mention a Financial Times article detailing Microsoft's apparent interest in Yahoo!, and Yahoo!'s rude reaction to their interest. From the article: "The fight is on between the three internet search titans, after Yahoo's Terry Semel laid down the gauntlet to Microsoft saying the software giant's recently elevated ambitions in the search arena were a lost cause. 'My impartial advice to Microsoft is that you have no chance. The search business has been formed,' he said in an interview with the New Yorker's Ken Auletta."

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