"Yahoo was never the strategy we were pursuing," he told a packed hall at a technology conference in Moscow

..

We will spend money on some acquisitions. You can do a whole lot of things with 50 billion dollars," he added.

http://biz.yahoo.com/rb/080523/microsoft_yahoo.html?.v=5

Microsoft trying to buy facebook now

http://www.marketwatch.com/news/story/microsoft-approaches-facebook-possible-buyout/story.aspx?guid=%7B481A2C2C%2DBF90%2D43E1%2DBC1E%2D084CAA867C9D%7D&dist=hpmymw

Watch this funny video about possible web 2.0 bubble