This afternoon, news reports are full of tidbits that shed ever more light on the failed Microsoft/Yahoo union. The story won't be over until August 1 (or beyond), when Carl Icahn is supposed to make his hostile takeover bid. Nevertheless here are some facts from around the Web for those of you following the drama.
Reuters is reporting that Microsoft offered Yahoo $1 billion for its search engine business, "in a deal that would have delivered $1 billion in additional annual operating income to Yahoo, a source familiar with Microsoft's thinking said on Friday. ... Microsoft would have also paid $8 billion to take a 16 percent stake in Yahoo, which would have valued the company's stock at $35 a share, the source said."
Barons is reporting that "Yahoo-Microsoft Deal Still a Possibility" ... to sum up the reasons, financial life for Yahoo as an online advertiser will continue to get tougher.
Wall Street Journal blogger Stephen Grocer reports on word that employees (not to mention stockholders) are not happy that the generous offer from Microsoft has been spurned, and deal that lets uber-competitor Google make money from Yahoo has been struck. The usual Microsoft next-moves are being bandied about, too ... A purchase of Digg or Facebook, or even Ask.com. Social networking is the next frontier for online advertising growth -- so a move in that direction by Microsoft seems likely. Also see: Yahoo-Microsoft deal dead, again, but Yahoo-Google deal in the works
Go to the Microsoft Subnet home page for more news, blogs, podcasts.
More Microsoft Subnet blog posts:
Microsoft tests Facebook knock-off
SBS2008 and Essential Business Server AWOL at TechEd
Virtualization, ID mgt news star at TechEd
Seven updates and 10 patches, something's gotta giveFive great giveaways for June from Microsoft Subnet and Cisco Subnet
20 great Windows open source projects you should get to know
Six free security tools you shouldn't live without
The Microsoft Subnet blog is the official blog of the Network World's Microsoft Subnet community, managed by editor Julie Bort. Microsoft Subnet is the independent voice of Microsoft customers and is your gateway to daily Microsoft news, blogs, opinion, books, prize giveaways and more. Visit the Microsoft Subnet index page daily, and while you are there, subscribe to the Microsoft newsletter. The newsletter includes news generated by the Microsoft Subnet community as well as other Microsoft news stories published by Network World.
(OS community) (Microsoft RSS feed)
The opinions expressed in this Weblog are those of the writer and may not represent the opinions of Network World.
|
|
YAHOO'S SAD SHAREHOLDERS
YAHOO’S SHAREHOLDERS LOSE ON MORE THAN ONE FRONT
Great to see that cool heads have finally prevailed at Microsoft. Nevertheless, it was a seriously missed opportunity by Yahoo shareholders.
YAHOO’S BOARD AND ITS SHAREHOLDERS
They should have been more vocal. Now it's too late. Their board did not serve them well.
Post new comment