MAPS, Durban – Microsoft may have failed in its bid to buy Yahoo and create the world's biggest Internet organisation, but it is still determined to be a major player in the online arena.

In an interview at Microsoft's Partner Summit, Barry Briggs, chief technology officer at the software giant, wouldn't be drawn on whether the Yahoo rejection of Microsoft's overtures had set back its strategy to dominate the Internet.
"Steve Ballmer would probably say that [the Yahoo bid] was more of a tactic than a strategy," Briggs says. "But I can't comment on whether or not it has set back our timelines in our goal to be a strong contender online.
"We are currently number two in search and we intend – through a combination of organic growth and acquisitions where appropriate – to be increasingly competitive in that space."
Briggs gave no hint of which companies might now be on Microsoft's shopping list.