Looks like Microsoft is panicking about Google’s performance these days. Bill Gates’ company is seriously pursuing acquisition of Yahoo!

On the bright side, even if a deal comes together, the two conglomerates can’t divide the cyberworld as an oligopoly. Fortunately, there’s a long tail of niches being filled by the rest of us online.

It also raises the issue of what Microsoft will do in the video arena. It has already been trounced in the audio arena by Apple’s iPod (Zune just doesn’t compete). GooTube, that is Google Video and YouTube, seem to dominate the online video market.

Hat tip to PETER LAURIA and ZACHERY KOUWE at the NY Post.

About the Author

With an advanced international law degree from Georgetown University and more than 14 years of real world legal experience, Attorney Mike Young shows entrepreneurs how to protect and grow their businesses online. He's the author of "Internet Marketing Legal Secrets Revealed," "How to Create Your Own Internet Business Without a Lawyer for Under $175," and the creator of Website Legal Forms Generator^TM. Not just a lawyer who focuses exclusively on Internet and marketing law, Mike’s been working with computers for more than 27 years (his first computer was an Atari 400 with 8 KiB RAM) and started representing Internet businesses back in 1996.