Microsoft stands firm on Yahoo bid

April 23, 2008

ballmerfinger2.jpgThose of you who missed him in Morocco caught up with Microsoft CEO Steve Ballmer in Milan after Yahoo reported better than expected results, even though they fell short of stellar.

Yahoo: No surprises there

April 23, 2008

jerry-1.jpgWe weren’t expecting huge surprises during Yahoo’s earnings conference call, but CEO Jerry Yang was spectacularly vague about the Internet company’s plans vis-a-vis Microsoft or any other potential tie-ups — with Google, Time Warner’s AOL or News Corp — that Yahoo has been working on.

Good things come in threes for Murdoch

April 22, 2008

murdochfist1.jpgNews Corp’s Rupert Murdoch dominated headlines again on Tuesday as not one, but at least three news items rippled across the media world.

Blockbuster + Circuit City = 3?

April 14, 2008

blockbuster-ceo-jim-keyes.jpgEyeing the disintegration of its brick and mortar rental business, Blockbuster offered to buy electronics retailer Circuit City for $6 a share, the rental giant revealed on Monday.

Yahoo investor backs management if Microsoft trims bid

April 9, 2008

yang-pensive.jpgYahoo shareholder Legg Mason tells the Wall Street Journal it’s ready to back Yahoo’s effort to stay independent if Microsoft lowers its buyout offer.

Yahoo to Microsoft: $teve, let’$ talk

April 7, 2008

Jerry Yang, Yahoo CEO and co-founder speaks at a keynote address at the CES in Las Vegas

“Dear Steve, it’s us, the Yahoo Guys again. Thanks for that whole deal deadline thing. Listen, our business is doing just fine. If you want to talk some more about acquiring us, $ay $omething we haven’t already heard, OK? Thanks. Jerry.”

Big is the new small

March 25, 2008

karmazin-smile.jpgWho needs competition when you have a nice big merger to complete? After 13 months of Congressional haggling that would have put John McCain to shame, Sirius chief Mel Karmazin won U.S. Department of Justice approval for his $5 billion marriage with XM Satellite Radio.
    
Sure they’re the only two subscription radio operators, but with all those iTunes downloads and Web radio personalities, there’s no need to think anyone will suffer with Howard Stern and Oprah Winfrey in their exclusive hands.   
    
Most expect the FCC will come through with the final green-light for XM and Sirius to close the deal, and then the real work on actually making money from satellite will begin.
    
We’re still a little stuck on the regulatory landscape that seems to err on the side of bigness, from Verizon and AT&T’s billion-dollar wireless spectrum wins, to a push from underdogs like Microsoft and Google to use the blank spaces of TV spectrum for mobile Internet and the ability to even contemplate a scenario in which Rupert Murdoch buys Newsday.
    
Let the games begin.

Wall St Poll-Microsoft nabs Yahoo, but at what price?

March 17, 2008

yahoo_hq_yahoo_car_kimberly_white_reuters_cropped.jpgThe latest data from a Reuters poll of Wall Street analysts who track either Microsoft Corp or Yahoo Inc, shows 28 of 30 analysts expect Microsoft to prevail in its unsolicited bid to acquire Yahoo, which is currently valued at $41.7 billion.

UPDATE: AOL’s buying spree

March 14, 2008

kickapps-logo.JPGThe ink has barely dried on AOL’s $850 million proposed purchase of Bebo, but reports of another deal are already percolating. AllThingsD’s Kara Swisher reports AOL is seriously considering buying New York-based widget-maker KickApps for $90 million.

Disney on AOL – “NO” comment

March 12, 2008

iger.jpgNot that anyone was suspicious, but in case you’re wondering Disney isn’t buying AOL .