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Print 18 comment(s) - last by oTAL.. on Feb 25 at 10:32 AM


Yahoo CEO Jerry Yang has a lot on his mind. First he has to deal with the threat of Microsoft taking over his own company and secondly he has to deal with painful inside reports that Google is uninterested in an advertising alliance with Yahoo.  (Source: New York Times)
Sources close to Google indicate Google will reject Yahoo

The Google-Yahoo-Microsoft triangle is turning out to be somewhat like Adam Sandler's infamous "Love Stinks" song from the film the Wedding Singer.  First Microsoft wanted Yahoo, but Yahoo's board didn't want Microsoft.  After the rejection, Yahoo expressed interested in a Google alliance, but sources close to Google say that the company isn't interested in being partners with Yahoo anymore.   Google just wants Microsoft and Yahoo to leave it and each other alone.

Microsoft is trying to force itself on Yahoo by bringing its bid directly to stockholders in an unsolicited buyout offer, in a hostile takeover attempt.  To beat off Microsoft's ardent advances, Yahoo's board hoped to establish a possible advertising alliance with rival Google.  However, inside sources now say that despite some minor initial interest, Google is unlikely to pursue a pact with Yahoo.

While Google refused to public comment on the issue, sources say that it is concerned that a possible pact would attract antitrust scrutiny in the U.S. and abroad, and thus its not interested anymore.  Another unsaid factor may be that Google does not want to associate itself with sinking Yahoo, which is laying off hundreds of workers, while promising desparately to enact "big changes."  In a way Google doesn't need an alliance with Yahoo to get its share of advertising -- its already getting it, piece by piece each month.

With the prospect of a Google deal quickly unravelling, Yahoo has to resort to desparate measures like the purchase of advertiser Maven to try to avoid the Microsoft buyout.  Veteran portfolio manager Bill Miller of Legg Mason Inc. thinks that it won't be enough and that Yahoo "is in a tough spot if it wishes to remain independent."  His team thinks that Microsoft will likely up its offer slightly, and the shareholders will override the board decision. 

Significant shareholders of Yahoo are also quoted by the Wall Street Journal as saying a deal with Microsoft was extremely likely, with one putting the probability at 95 percent.  As these are the people who will be deciding the fate of the offer, this is a promising sign for Microsoft.

Amidst all the fuss, Yahoo quietly began to send out its layoff notices to the 1,000 workers losing their jobs.  The layoffs were established before the Microsoft bid became public.


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MYOB
By Xodus Maximus on 2/14/08, Rating: 0
RE: MYOB
By oTAL on 2/14/08, Rating: 0
RE: MYOB
By iVTec on 2/14/2008 3:40:20 PM , Rating: 1
I'll agree^^...

A lot of fuss about "nothing" i believe...Of course,MS is not stupid to throw away billions for "nothing",there is a certain benefit for MS in acquiring Yahoo!...But during the last years,i tend to see Yahoo! as a "dead" site/portal/search engine/whatever,since Google is obviously superior.I think it's rather difficult,not to say impossible,for Yahoo! to stop their downfall and recover.If i owned it,i'd had already sold it to MS...


RE: MYOB
By iVTec on 2/14/2008 3:42:43 PM , Rating: 2
Sorry,the comment was intended for Xodus Maximus's opinion...:/


RE: MYOB
By qwertyz on 2/14/2008 9:08:39 PM , Rating: 2
These chinese CEO's are communists by nature that's why they don't wanna sell because they wanna lead by themselves.


RE: MYOB
By oTAL on 2/15/2008 8:37:42 AM , Rating: 3
Damn, I almost feel sorry for posting my comment since it is now followed by your stupid nonsense....

Communist by nature? The red scare is over...!
Or maybe the damn commies just wants us to believe that... (/tin foil on!)


RE: MYOB
By qwertyz on 2/15/2008 1:50:07 PM , Rating: 1
Calling someone else stupid doesn't make u smarter.

BTW can u speak my base language as good as I speak yours ?

Sa ma sugi de pula, if u know what I mean.


RE: MYOB
By oTAL on 2/25/2008 10:23:29 AM , Rating: 2
quote:
BTW can u speak my base language as good as I speak yours ?


That depends on how good is your Portuguese...


RE: MYOB
By oTAL on 2/25/2008 10:32:08 AM , Rating: 2
quote:
Calling someone else stupid doesn't make u smarter.


Saying that you posted stupid nonsense isn't the same as calling you stupid.
Even more, posting stupid nonsense doesn't mean you are stupid... but if you do it a little too often it does increase the odds that you are one...

I'm pretty sure that at a point in time Einstein may have said something silly. And it's quite likely that something mildly intelligent has left George Bush's lips in his life time. A statement doesn't change someone's brain power..... it only affects the way it's perceived by others within a given context and time frame.


RE: MYOB
By mcmilljb on 2/14/2008 6:52:21 PM , Rating: 2
I have been wondering if Yahoo is going to become "Yahoo - powered by MSN" or something like. Or maybe MSN will just be replaced by MSN. I don't see the point in keeping both, and I honestly like MSN better Yahoo. I guess you're right, and microsoft just wants the name traffic and large user base.


So again,
By Clauzii on 2/14/2008 2:19:43 PM , Rating: 2
Why wouldn't Yahoo be satisfied with a $10 billion "buy-in" (20%) from Murdoch? That way, they would still be 'some sort of' independent. But no mention about this in the DT article /-:

Or is Yahoo just waiting for Microsoft to bid, say, $60 billion?





RE: So again,
By Haltech on 2/14/2008 4:47:07 PM , Rating: 3
haha, it will be more like Yahoo shares drop 20% and Microsoft takes it up at a bargain.


RE: So again,
By robertgu2k on 2/14/2008 8:08:38 PM , Rating: 2
I think the problem here is that Microsoft's $44 billion bid pumped the sagging Yahoo stock up by sixty something %.

If Microsoft's bid goes away, Yahoo's stock will crash again and Murdoch's modest $10 billion bid will not be enough to provide a meaningful floor to the stock.

Plus with the slowing US and Global economy; revenue and profit prospects for Yahoo will be diminished. For Yahoo's shareholders and employees, I believe it's in their best interest to merge with Microsoft.

Also, being that Microsoft needs web talent and does not want more Yahoo talent moving over to Google; I would wager that when Microsoft merges with Yahoo, the layoffs would be kept to a minimal…probably mostly backoffice support staff. And probably considerably less layoffs than if Yahoo stayed independent; which would then mean that they would badly need to downsize to get falling profits up.


RE: So again,
By Sulphademus on 2/15/2008 3:54:58 PM , Rating: 2
Being curious about Microsoft vs Newscorp, I looked em up.

Specifically, cash on hand.

Newscorp has ~7.5$ billion in cash and liquid assets.
Microsoft has ~22$ billion.

So MSFT would have to borrow for the purchase, but NewsCorp would have to borrow for a $10b investment.

I really dont think Y! is looking for the best deal, I think theyre just trying to stay independent.


I hope Yahoo just rolls over and dies, painfully.
By Joz on 2/14/2008 4:35:13 PM , Rating: 1
Ever since I have learned of Google, it has been my search of choice, and even before that I was using MSN (Couse it wasn't yahoo.)

So if Yahoo dies (A fiting end, to a company with the stupidest name in...possibly history. Then I will be a very happy geek.

Good bye Yahoo.

Long live Godgle.

We are anonymous, we are legion.




By omnicronx on 2/14/2008 4:57:47 PM , Rating: 2
quote:
Long live Godgle. We are anonymous, we are legion.
Godgle, the worlds first internet religion! Based on the readings and teachings of Scientology

Hey.. it worked for Hubbard...


Sign 'o the times
By amanojaku on 2/14/2008 1:34:37 PM , Rating: 2
First, a grammatical nitpick:
quote:
Microsoft is trying to force itself of Yahoo by bringing its bid directly to stockholders in an unsolicited buyout offer, in a hostile takeover attempt.


I think that should be
quote:
Microsoft is trying to force itself on Yahoo by bringing its bid directly to stockholders in an unsolicited buyout offer, in a hostile takeover attempt.


Google really doesn't need Yahoo! What can Yahoo! provide Google with that it doesn't already have or won't get without spending $44.6B? If MS is willing to spend that kind of money for Yahoo! then I'm all for it. The better strategy would be to wait for Yahoo! to fade away or reduce its size. I'm of the opinion that Yahoo! will survive, but Google and MS will get that much larger. A Yahoo! takeover by MS might increase market share, but I don't think the cost would justify the meager increase.




Please no!!
By qwertynerd on 2/14/08, Rating: 0
"It seems as though my state-funded math degree has failed me. Let the lashings commence." -- DailyTech Editor-in-Chief Kristopher Kubicki














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