Add another name to the list of Yahoo employees defecting to Microsoft. Dayne Sampson, Yahoo’s VP of Operations for Search and Advertising, has fled the company for its former suitor, Microsoft confirmed to Digital Daily.
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If Yahoo employee defections to Microsoft continue apace, there may come a day when Redmond will no longer need to buy the struggling company’s search business. It will already have acquired it. This week yet another Yahoo alum joined Microsoft: Jan Pedersen, a former chief scientist and VP in the company’s Search and Advertising Technology Group.
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As steady and reliable as a McDonalds hamburger, comScore’s monthly search metrics–and about as exciting. February’s search rankings were much like January’s, which were much like December’s, which were.… Well, you see where this is headed. Succinctly speaking, Google’s share of Internet searches in the U.S.: large. Everyone else’s: small.
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What’s Yahoo CEO Carol Bartz’s latest thinking on a search deal with Microsoft? Your guess is as good as any because Bartz isn’t saying. Asked at the Morgan Stanley Technology Conference yesterday whether she favors such a deal, Bartz said she prefers to discuss it in boardrooms, not auditoriums or the media. “I am not going to negotiate with my 55,000 favorite friends,” she quipped.
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No surprise here. Yahoo shareholder dissatisfaction is following a trend line inverse to the company’s plummeting share price. In fact, the price has dipped so low that Ironfire Capital founder Eric Jackson–the dissident Yahoo investor who agitated for change at the company and the creator of the Yahoo! Plan B investor community–has dumped his Yahoo shares.
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Just say no to Microsoft, little Yahoo. Just say no. That was the grand decision reached at Yahoo’s board meeting Friday. Seems the board feels Microsoft’s $31-per-share hostile offer “massively undervalues” Yahoo. It officially rejected the bid this morning.
“Yahoo Inc., a leading global Internet company, today said the Yahoo Board of Directors has carefully reviewed [...]
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