Microsoft’s Yahoo road show: the sequel

May 8, 2008

MediaFile wrote last week about Steve Ballmer’s world tour to promote Microsoft’s unsolicited takeover bid for Yahoo. Now that the Microsoft has walked away and the odds for Microhoo aren’t looking so hot, Microsoft execs have fanned out across the globe to explain the company’s decision. To Skhirat, Morocco, San Donato Milanese, Italy and Louvain-la-Neuve, Belgium, we can now add Seoul, London and Jakarta.

Microsoft: A Thousand Times No

May 8, 2008

And it was thus decreed that the messengers of Steve Ballmer were sent far across the land to say No to an alliance with the kingdom of Yahoo:
“Yahoo could always come back again and say please buy us for $33 (a share) and I’m sure we might reconsider it, but we’re not assuming that’s going to happen,” Microsoft Chief Research and Strategy Office Craig Mundie to Reuters in Jakarta, May 8. 

Is Yahoo’s Yang toast?

May 6, 2008

steve-case-frowns.jpgLegendary media money manager Gordon Crawford blasted Yahoo Chief Jerry Yang for blowing the Microsoft deal in high profile interviews with the Wall Street Journal and the New York Times.

WPP won’t be left out of takeover drama

May 6, 2008

It may not seem as sexy as Yahoo-Microsoft, but there is another notable takeover saga brewing in media. This one is between WPP, the British advertising group, and Taylor Nelson Sofres, the market research firm.

Yahoo – jilted lover or masterful tactician?

May 6, 2008

yang-photo.jpgYahoo Chief Jerry Yang is leaving the door open to Microsoft, he tells us. In an interview with Reuters’ Michele Gershberg, Yang says he had been seeking common ground when Microsoft abruptly ended deal talks.

Forty ‘no comments’ from Yahoos

May 5, 2008

Now that Microsoft Corp has withdrawn its bid for Yahoo Inc, one of the questions on the minds of many (MediaFile included) is what’s the attitude like at the Web company’s leafy Sunnyvale, California headquarters. Elation? Disappointment? Anger? Frustration? Relief? Fear? Pride? Confusion?yahoo-headquarters.jpg

Microsoft and Yahoo: what next?

May 5, 2008

Yahoo CEO Jerry YangNow that Microsoft has broken off its pursuit of Yahoo, the only thing we know for sure is that those two technology icons will not be merging (right now). Every other possibility and option for the two companies is up in the air. (One thing is for sure, Yahoo’s stock is already down more than 20 percent .)

Ballmer seals all Yahoo exits

May 4, 2008

ballmer-gestures.jpgMicrosoft dumped its offer to buy Yahoo on Saturday. A closer reading of Microsoft CEO Steve Ballmer’s letter to Yahoo’s Jerry Yang shows Microsoft is content to do nothing less than choke the air supply out of Yahoo’s trachea.

Semel, Kotick pass the buck on Yahoo’s future

May 1, 2008

semel.jpgTalk about passing the buck.

During a panel discussion on media and entertainment at the Milken Institute Global Conference on Wednesday, former Yahoo! CEO Terry Semel swiftly deflected questions about the Internet company’s current pickle with Microsoft to his fellow panelist and Yahoo! board member Activision CEO Bobby Kotick.

Time Warner’s cable division setting sail

April 30, 2008

time-warner-center.jpgTime Warner Inc’s plan to split off its cable services division — widely expected by many and welcomed by some — raises just as many questions as it answers.