Yahoo! Goofs and Loses Execs
June 12th, 2008 at 18:56 under News.Today has not been a good day for Yahoo. Slowly but surely the Yahoo! boardroom is jumping ship while smart decisions about the companies future are not being made. The talks between Yahoo! and Microsoft over a Redmond acquisition fell through again, leading to a 10% drop in Yahoo! stocks. Four months ago Microsoft was offering $31 per share, nearly $5 over current prices and $7 over the price at the time of the offer. Yahoo! is going to either slowly burn out or break itself up and I’d rather see Yahoo! sell itself to Microsoft versus giving even more market share to Google. I fear if Google acquires Yahoo! we will see something similar to the current state of affairs with operating systems on computers. Come on Yahoo, don’t bet on the short-term and destroy your legacy.

I couldn’t resist.
Update
Yahoo! has finalized a deal with Google in which Google will provide advertisements in Yahoo searches. This will provide additional revenue to Yahoo but Google will still make more out of this deal than Yahoo will. It looks like Google will slowly choke Yahoo! out of the online advertising provider market.



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