The Sound of Silence
Yahoo let Microsoft’s deadline for a response to its $40 billion-plus offer for the Sunnyvale, Calif., Internet company pass without a word Saturday. And according to people familiar with the situation, the companies haven’t traded words for several days.
So what now?
Thursday, April 24, 2008
I’m Sorry, Jerry, Did You Mean Our Offer “Substantially Overvalues” Yahoo?
Microsoft may have fallen short of expectations for third-quarter sales, but it met and exceeded them for color commentary on the Yahoo deal.
On a post-earnings conference call this afternoon, Microsoft (MSFT) CFO Chris Liddell said Yahoo (YHOO), which insists Microsoft’s $31-per-share hostile offer “massively undervalues” it, has “unrealistic expectations” about its worth. “Our initial offer [...]
Ballmer to Yang: “Allow Me to Introduce You to Your New 52-Week Low”
Even after the relatively weak first-quarter showing Yahoo made yesterday, the Web’s perennial underachiever continues to claim Microsoft’s $31-per-share hostile offer “massively undervalues” it. And perhaps it does, just a wee bit. But then Yahoo’s shares were trading at just over $19 the day before Microsoft announced its bid for the company. Today they’re at [...]
Monday, April 21, 2008
Blockbuster Plays Hard to Get (Lost)
Blockbuster CEO Jim Keyes says acquiring Circuit City will be “a challenge,” and while the company is up for one, a challenge of this particular sort may be more than it can handle. Because a week after announcing its $1.3 billion gambit for the foundering–yes, foundering–electronics chain, Blockbuster (BBI) says it would rather drop it [...]
Friday, April 4, 2008
You Know the Number. Call Us After Your Lousy First Quarter
Microsoft (MSFT) and Yahoo (YHOO) are talking again–but apparently they’re talking in circles. The two companies met this week to discuss Microsoft’s proposal to acquire Yahoo, but failed to resolve the differences that have so far hamstrung the deal. Sources familiar with the talks claim the two companies remain at an impasse, with Yahoo refusing [...]
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About John
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. Read more »
Ethics Statement
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.
alt.misc
- Godzilla’s Food, Exercise, and Dream Diary
12:58 AM: Breakfast: Two schools of fish from Tokyo Bay. Calories: 782,000. How I was feeling when I ate this: confused, irradiated, hating my size.
11:37 AM: Exercise: “Taxi Stomp” (alternating legs, for 30 blocks). Calories burned: 148,900,183. - Scenes From An Alternate Universe Where The Beatles Accepted Lorne Michaels’ Generous Offer
1983. The Beatles announce their first tour in thirteen years, but likewise announce that Michael Jackson will be going on tour with them as a one gigantic mega-concert event.
- The Golden Age of Video
Best video mashup ever.
- I’m not dead yet
A Facebook Memorial
- Pulp Fiction Audio Mix
Wow.
- A world without the Internet
Worth it for the Rickrolling photo alone.
- Google Wave Cinema: Pulp Fiction
Excellent.
- Dead Fly Art
Flughumor!
- Happy Birthday Monty Python …
… you vacuous, toffee-nosed, malodorous perverts
- ‘You are being shagged by a rare parrot’
Stephen Fry and zoologist Mark Carwardine meet the kakapo — a fat, flightless and very randy rare parrot.
