Google Buys Writely

Google has purchased Writely, a web-based word processing tool.

Is this a shot across the bow of Microsoft? Many think so. I think this is healthy in that it provides more competitive pressure for Windows and Office, the cash cows that have made the Microsoft empire and that presently have a virtual stranglehold on their respective markets. (Mac fans, I only mean in market share.) Does it also mean that Google is becoming the new Microsoft? What does this development mean for Yahoo!, who has recently positioned itself as a provider of various information services rather than “simply” a search engine?

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