answer:There may be a rumor that Yahoo and AOL are merging, but the thing that’s making the news is that Microsoft is trying to buy Yahoo against the wishes of the Yahoo board. I think it would be a miserable disaster for both—Google and Apple would be the long-term winners. The root of Microsoft’s problems right now is its management structure and its corporate culture, and adding Yahoo won’t solve that—it will add another layer of management structure and corporate culture problems as they absorb Yahoo. Yahoo’s big problem right now is that it’s not nearly as agile as Google is, and that investors prefer a shaky first-place position to a solid second-place position; being acquired by Microsoft won’t put it in first place anywhere. It’s a desperation move by Microsoft, and it’s not very well thought out.