Shares of Google dropped to $68.87 which is around 12% in just two trading days after the software giant Microsoft announced its interest to buy Yahoo Inc for a share of $31.

This in turn has made Google investors and executives not happy. Sources say, Google CEO Eric Schmidt has called up Yahoo! Inc CEO Jerry Yang to offer his support and help.

With Yahoo hitting a four year low, Microsoft has eyed on the search engine giant and one of the early pioneers of Internet search, Yahoo Inc. Sources estimate a whooping $50 billion price tag on this weakening Giant.

It should be noted that Microsoft had once negotiated and this is not the first time. Microsoft is now more willing and ready to pay more for this deal. Read More »