Here are two pieces this week, from the multitude of them about the continuing turmoil at Yahoo, that really stand out for me.
Both encapsulate the dicey situation that the troubled Internet company finds itself in now--which is to say very dicey. Read more »
Look, it might be the biggest poker bluff in history and analysts are once again chattering that Yahoo's ad outsourcing deal with Google might force Microsoft back to make another offer for the Internet portal.
Sorry to be the skunk at Carl Icahn's garden party, but BoomTown doesn't think so.
Read more »
Here is the full text of the letter Microsoft's Kevin Johnson, President of the Platforms and Services division, sent to employees of the software giant.
It tracks with BoomTown's earlier report on the offer Microsoft made to Yahoo, which Yahoo turned down in favor of a deal with Google. Read more »
Earlier this week, the hedge fund manager William Ackman of Pershing Square Capital Management floated the idea that the book retailer Borders Group (BGP) should consider selling itself to Amazon.com (AMZN). Read more »
Oh, they're plenty irked in Redmond today, in the wake of Yahoo's picking of the Google ad-outsourcing deal over a proposal by Microsoft.
And what exactly was that offer?
Well, according to people familiar with Microsoft's thinking, the goody bag Yahoo turned down was substantial. Read more »
Carl Icahn’s a little quieter than usual today, isn’t he? After publicly cataloguing Yahoo’s failures of leadership for the better part of the week, he seems to have fallen silent after what may well be the company’s greatest failure of all. Read more »
The latest data on video game software sales from market research firm NPD shows continued robust demand. In May, video game software sales rose 41% on a year-over-year basis. Pacific Crest's Evan Wilson, in his review of the data, noted that console hardware sales saw little benefit from the launch of Take-Two's (TTWO) Grand Theft Auto IV. Read more »
Like great civilizations, great companies are not conquered from without until they have destroyed themselves from within. And Yahoo appears to be well on its way to doing just that. Shares in the company slid still deeper into the mud today as the market reflected on the uneventful conclusion of the company’s merger talks with Microsoft and its decision to--well, let’s face it--become a reseller of Google ads. Read more »
The parade of iPhone lookalikes continues, and the latest to arrive is the Samsung Instinct. While it isn't a bad phone and has some features the Apple product lacks, it's no match for the iPhone. Read more »
Hackers enjoy a reputation as computer whizzes who can break into the most sophisticated systems. They may be whizzes, but the reason for their success is that businesses rely on defenses filled with holes big enough to drive a truck through. Read more »
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