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Summary:

Minutes after the U.S. stock markets started winding down for the weekend, a few technology giants — Avaya, Nortel, Microsoft and Yahoo– made some announcements that amount to nothing more than tying up loose ends.

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Minutes after the U.S. stock markets started winding down for the weekend, a few technology giants made some announcements that amount to nothing more than tying up loose ends.

* Avaya got the go-ahead from Canada to buy Nortel’s PBX business for $900 million in cash.
* Microsoft & Yahoo finalized their search agreement that was first announced back in July. It’s a good way for the two companies to put yesterday’s Bing debacle behind them!

Photo courtesy of Microsoft.

  1. I wish AVAYA good luck. I doubt they can stay relevant in this ever evolving VOIP.
    Microsoft and Yahoo will have some success.

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  2. “Bing debacle?” I use Bing rather than Google now, although initially I thought it was stupid. Consistently in blind tests I’ve picked Bing’s results over Google’s, and in the meantime I don’t give Big G more personal data they can use to try and sell me on their stupid advertisements.

    But, ya know, just imo.

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  3. I wonder how much money they are losing for the cashback offers they are doling out this holiday season. They are consistently giving 20%+ cashbacks from Walmart and other major retailers including department stores and cellular service companies. I use bing just for this cashback :). Enjoy while it lasts.

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  4. Congrats to Avaya on the go ahead. Nortel customers, not so much. Could be an interesting transition period for them. They might want to go SaaS as a way to evaluate their options while protecting what they have until Avaya officially announces how they’ll handle the upgrade path: http://www.onstate.com/nortel

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