Wow, this is an very interesting news. Microsoft is going to buy Yahoo? But is it going to happen? Well, there are several rumours or speculations behind this at the moment.

You will find some information at Reports: Microsoft Eyeing Deal to Buy Yahoo

“Microsoft Corp. has stepped up its pursuit of a deal to buy Yahoo Inc., two newspapers reported on Friday, as the two companies reenter talks to strike a deal amid huge growth from rival Google Inc. Yahoo shares jumped 14.6 percent to $32.20 in electronic trading on Friday, while Microsoft shares fell 1.4 percent to $30.53. The two companies have held informal deal talks over the years. But the latest approach comes as Microsoft seeks to ink a deal in the wake of Google’s expansion. ‘It’s been talked about for a long time, ever since Google came into the picture. I can’t imagine a more perfect deal,’ said Peter Lobravico, vice president of risk arbitrage sales/trading at brokerage Wall Street Access. ‘You can’t find a stronger buyer than Microsoft and while it would spur a lot of political and regulatory noise, everyone knows in the end that the deal would go through.’”
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Microsoft just announced a new web development platform, Silverlight. What is Silverlight then? What can it do? Is it something really powerful? Here is the definition found from the official website. “Microsoft® Silverlight™ is a cross-browser, cross-platform plug-in for delivering the next generation of .NET based media experiences and rich interactive applications for the Web. Silverlight offers a flexible programming model that supports AJAX, VB, C#, Python, and Ruby, and integrates with existing Web applications. Silverlight supports fast, cost-effective delivery of high-quality video to all major browsers running on the Mac OS or Windows.”

Some of the interesting features on Silverlight:
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