Fight on the blogs! Fight on the blogs!

November 18, 2008

There’s the story, and there’s always the side-story. The snarky, juicy, lip-smacking stuff. 

from DealZone:

Chief Yahoo

November 18, 2008

Back in July, when Microsoft walked away from Yahoo, conspiracy theorists surmised that the software giant would eventually come back to bid again at half the price. The Chief Yahoo - that's the title Jerry Yang is reclaiming after saying last night he would step down as CEO - is no longer in a position to block a deal, so it's fair to assume Microsoft and its bulging mound of cash could return for another bite. 
 
Yang has been talking with the board, which includes activist investor Carl Icahn, about stepping down since before Google pulled out of a search advertising deal with his company earlier this month, according to a person familiar with the talks. 
 
Yahoo's share price jumped after the news on Yang. That could just be relief that he is going, or it could be renewed hope of a deal. So a dealmaker could take the reins of the Internet company, which has already seen great swaths of its brain trust flee in the months since the initial Microsoft bid failed. 
 
A source said the process of finding a successor to Yang could take anywhere from four to 12 weeks, and analysts have suggested a star-studded cast of candidates, including former AOL chief Jon Miller, News Corp President and Chief Operating Officer Peter Chernin, former eBay Chief Executive Meg Whitman, former Yahoo COO Dan Rosensweig, and Yahoo President Sue Decker.
 

The Obama effect: even Yahoo gets a boost

November 13, 2008

As America celebrated a historic presidential election on Nov. 4, US newspapers also celebrated their (one-day) revival as all major city newspapers were cleared off the shelves the next day. Media industry watchers hailed President-elect Barack Obama’s media Midas touch, as if he could even save the long suffering newspaper business.

How bad is local advertising? Ask Fox

November 6, 2008

We’re guessing Rupert Murdoch isn’t smiling quite so much right now. Not after News Corp reported a larger-than-expected drop in quarterly profit and cut its full year outlook.

Yahoo rejected again (and again)

November 6, 2008

Yahoo: Shun me once, shame on you. Shun me three times in one day, shame on… uh, shame on all of you.

Redstone + Viacom = True Love Always

November 4, 2008

A couple of things we know about Viacom in the aftermath of its earnings report: Sumner Redstone is madly in love with the media company, and he is still not selling any more shares.

Google-Yahoo vs. Department of Justice

October 31, 2008

The odds of a Google-Yahoo Web advertising deal are looking increasingly bad. The Wall Street Journal says that both sides may just drop the deal as early as next week. The reason: The Justice Department wants too many darn compromises.

Apple, Yahoo, Broadcom – all up in relief rally?

October 22, 2008

Jittery technology investors breathed easier on Tuesday after Apple, Yahoo, VMware and Broadcom all gave quarterly reports that were not as bad as some had feared — and in some cases, even were pretty good.

It’s budget cutting time

October 20, 2008

scissors2.jpg

In the media world, it looks like it’s time for a trim. Whether that’s jobs, travel expenses, or anything else, budgets are coming down… With the economy in the sick ward, what did we expect?

Ballmer still dreaming of a Yahoo acquisition?

October 16, 2008

ballmergartner.jpgHere’s Microsoft’s Steve Ballmer during a keynote interview at a Gartner’s ITXpo, where — in case you somehow missed the news, the chatter, and the stock market reaction — he reportedly said a deal with Yahoo may still make economic sense.