Yahoo continues to make moves as Microsoft tries to acquire the company. Today it announced an agreement to purchase substantially all of the assets of Tensa Kft, more commonly known as IndexTools.

Yahoo Inc. is surrendering some of its advertising space to Internet search leader Google Inc. in a test that appears designed to frustrate Yahoo's unsolicited suitor, Microsoft Corp.

We’ve gotten word that Yahoo will make an acquisition announcement of a video startup today or tomorrow.

Google Says Microsoft's Bid for Yahoo Is `Troubling'

Google Works to Torpedo Microsoft Bid for Yahoo

News Corp.: No Interest in Yahoo!

Software giant offers $31 a share - a 62% premium - in deal that could reorder online ad market. Microsoft's Ballmer: 'Major milestone

Analysts are predicting large growth in 2008 in the U.S. graphical ad market, and expect the biggest winner of the bunch to be Yahoo. JP Morgan forecasts an $8.6 billion industry in 2008, which is an increase of about 20% over 2007. The average CPM is also expected to increase by about 4%.

While pundits yap away about how Yahoo is fresh acquisition meat, we find it hard to believe. The company is pretty pricey, with a market cap of roughly $33.5 billion, and the number of businesses that could actually swing it is minuscule.

Nielsen says CNN had 33 million unique visitors in November. But ComScore says CNN had 26 million visitors, ranking it behind Yahoo News's 35 million.