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Could this be it for Yahoo?

Sympatico Tech News is reporting that the hostile bid for Yahoo is still on, and it could happen as early as this weekend, and the shockwaves could be massive!

For the average internet user, at stake is how the web will evolve over the next few years. In an initiative called "momentous" by industry observers, Yahoo fully embraced the Web 2.0 movement Thursday by throwing open all of its platforms to outside developers. The company is, in effect, going to let the public shape its various offerings, including e-mail, instant messaging and other online services.

"It's been a long time since I've been able to bring Yahoo together with the word 'exciting,'" said Karsten Weide, an analyst for research firm IDC in California. "This might be a sea change for the internet. It could be the end of the web as we know it."

The strategy essentially emulates Facebook's recipe for success. The social-networking site has enjoyed explosive growth by allowing the public to design new applications for it, which has drawn a constant stream of new users, traffic and advertising. The difference with Yahoo, however, is that it operates on a much bigger scale and is more important to the overall web than Facebook, Weide said.

Profound effects on the web

For the full story, click here!


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