Fingers crossed on Microsoft earnings

April 24, 2008

If you take Steve Ballmer at his word, the only way Yahoo shareholders may be able to squeeze a bit more money out of Microsoft Corp is to pray for a stellar earnings report from the software company Thursday afternoon.

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.

Google!

April 18, 2008

schmidt.jpgGoogle suprised the market with better than expected quarterly results despite worries that it was being hit by economic weakness after comScore data showed it having trouble converting Web search into ad viewer. Google CEO Eric Schmidt even went as far as to say the company would still perform well for the whole year ”regardless of the business environment.” For investors, the results wiped away fears that Google was just as vulnerable as any company to recession fears and, as of this morning, company shares were up more than $80.

Yahoo’s Google test works! Now what?

April 17, 2008

yahoo.jpg“It’s a success! Now what?”

Yahoo may be ready to turn over its Web search advertising to Google following a successful test using Google’s service to deliver ads alongside its Web search results. But that’s only the beginning of what could be a swirl of deals. Or Not.

NY Times buyout offers to become layoffs

April 16, 2008

The New York TimesAnother day, another story about job cuts and cost cutting in the publishing business.

Media giants mull Yahoo deals

April 10, 2008

The Time Square Yahoo sign is seen in New YorkWhat does the future hold for Yahoo? With so many media titans in the picture, it’s anyone’s guess how this merger mashup will end.

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.”

Trouble in FIM-land

April 4, 2008

myspace.jpgNews Corp jewel Fox Interactive Media (a.k.a the catchy “FIM”) made a late-night admission that its revenue might fall short of a $1 billion target for the current fiscal year.