Merger mania is definitely back! What exciting news to find out that Microsoft is offering to buy Yahoo for $45 billion! The social networking universe is getting a lot smaller with this news which will create some very interesting new products. With the yahoo capabilities under the Microsoft banner I bet Windows Live will be getting a makeover and a considerable list of new features. I can just imagine being able to link Facebook groups to Yahoo groups to Windows Live groups so you can be a part of any one of them and have roaming profiles all along the way.
A huge question from the business side is how the Yahoo brand will be preserved. With Yahoo owning so many diverse companies it will be very interesting to see the merging of the Windows Live marketplaces and the Yahoo marketplaces to create much more competitive areas to compete with eBay.