Friday, May 9, 2008
CircuitBuster City Block
Microsoft (MSFT) has withdrawn its bid for Yahoo (YHOO), spanked its CEO in a stink-bomb of a public letter, disavowed plansfor any future acquisitions, and disbanded the slate of dissident directors it had lined up should it have decided to go forward with a hostile proxy bid for the company.
But if Yahoo, beaten into submission by irate investors, should suddenly come crawling back to the now empty negotiating table, Microsoft might indulge it, if only for a moment. For now, it’s busy with what Microsoft’s Chief Research and Strategy Officer Craig Mundie refers to as “Plan B.”
“The market may wish that the Yahoo deal may come back together, but Microsoft at least at this point assumes it’s over,” Mundie told Reuters. “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.”
Seems Microsoft, like Yahoo CEO Jerry Yang, is more than willing to listen if the company has anything new to say. And it’s not even facing any shareholder lawsuits …
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper.
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
Fill the fun bar all the way to the top and keep it there for a few seconds to have a successful date.
… in 2 Minutes
3. Among those earning 10-figure incomes, Mr. Soros’s total annual compensation is greater than Mr. Falcone’s. Mr. Falcone’s is greater than Mr. Griffin’s. Mr. Griffin’s is smaller than Mr. Soros’s, and Mr. Paulson’s is greater than Mr. Soros’s. In descending order, list the men by the respective hotness of their trophy wives.
Dear Mr. Prince: It’s been three days since you delivered your keynote address, “When Doves Cry,” to our organization, the American Ornithological Society.
I’ll have the “J&J fresh intestine pot,” a side of “cowboy leg” and the “carbon burns black bowel” to go, please.
Starring Stephen Colbert and Steve Carell
… in CSS
Lenovo has its way with Apple’s MacBook Air ads
If you really want to hear about it, the first thing you’ll probably want to know is where my cemetery plot is, and what my lousy adulthood was like …
googletimewarner.com? googlepoo.com?