Seattle - Microsoft intends to invest heavily in developing its search business after being freed from the 47.5-billion-dollar bill for buying Yahoo, company chief executive Steve Ballmer said Thursday.
Ballmer's comments at Microsoft's annual meeting with financial analysts were his first detailed assessment of the software giant's plans since the deal died in May, when Yahoo rejected the offer as too low.
A Yahoo acquisition would have helped Microsoft's bid to overtake Google in search, but any current merger plans are dead, Ballmer said Thursday.