stories about: "yahoo"
Yahoo Now Thinks AOL Will Be A Savior?
from the seriously? dept
Over the weekend, reports quickly came out that Yahoo's board had apparently decided to reject Microsoft's takeover bid, which wasn't too surprising, given what the company had been hinting at all week. There was plenty of talk about looking for other suitors, but one by one, the few obvious candidates all backed away. Then, late Sunday a new rumor arose: Yahoo! might try to keep Microsoft away by merging with AOL. That seems sort of like trying to keep a wild animal from eating you by covering yourself with feces. It might make awful sense for about a second, but it's just a bad, bad idea. First, it's unlikely to work -- and, second, it's just pathetic. As much as it seemed like Microsoft merging its web operations with Yahoo would be two also-rans pretending a merger would somehow make them into a web operation people cared about, merging with AOL would be even worse. Of course, the folks over at Google must be laughing hysterically at the possibility. Not only would an AOL/Yahoo merger appear to be less of a competitive worry than a Yahoo/Microsoft merger, Google might actually make out quite well in the deal, since it owns a piece of AOL. So, in the unlikely chance that Yahoo merges with AOL and fends off Microsoft, Google would cash out of AOL, watch Yahoo struggle to merge with AOL and see Microsoft left without a big internet partner. That has to be Google's dream scenario.Filed Under: desperation, mergers
Companies: aol, google, microsoft, time warner, yahoo
Chinese Professor Suing Google And Yahoo For Making Him Disappear From Chinese Search
from the dissident-seo dept
We've seen plenty of lawsuits over the years from people who were upset over how Google ranked them in search results, but here's an interesting twist on that idea. Guo Quan, a professor in China who lost his job after founding a democracy group and pushing for a more democratic China, is going to sue Google and Yahoo for removing all results with his name in China. Google and Yahoo, of course, have agreed to play by local rules in China, upsetting many. Legally, it would seem like this suit has little chance of success -- but I doubt that he cares about the legal result. What this actually does is to call attention to his plight -- and on that front, it's clearly a successful strategy.Filed Under: censorship, china, democracy, search engines
Companies: google, yahoo
Would Udi Manber Work for MicroHoo?
from the trouble-in-the-HR-department dept
There may be nobody that knows the excitement of joining the hot-Internet-company-du jour better than Udi Manber: Chief Scientist at Yahoo, 1998-2002; CEO of A9.com, 2002-2006 (A9 was hot for a minute or two, right?); VP Engineering at Google, 2006-present. Udi's resume exemplifies the aspirations of many a talented computer scientist and/or software engineer, all hoping to work for the next bright star in the Silicon Valley sky. And Udi is probably just one of many who have successfully leapt from one hot, cool company to the next. The New York Times thoughtfully considers the consequences of this pattern in light of the proposed Microsoft-Yahoo merger.It is indeed unlikely that a combination of these two giants would be very appealing to those finicky tech workers who are looking for the next big thing. However, it's been awhile since either Microsoft or Yahoo has been the next big thing, and yet neither have shown much trouble filling their ranks; clearly plenty of workers are content to have a well-paying job at a stable company. It is also probable that some employee attrition would follow on the heels of a completed merger. But this is not the case of start-up being acquired, where the start-up company's technology is often in the early stages of development and the buyer is paying as much for a smart, ambitious team as it is for the lines of code that have been written. In fact, part of Microsoft's plan may be to trim the fat beyond the 1,000 layoffs already announced by Yahoo, and some of those jumping ship may simply be sparing the efforts of the executioner's blade.
The human resources challenges associated with the evolution of a company from hot stuff to yesterday's news have already been priced in to this deal. Those challenges are certainly correlated with Yahoo's underperformance over the past few years and, subsequently, to the price of its stock. And Microsoft has no doubt considered how these challenges might continue or be aggravated by a merger; their offer reflects such considerations. Yahoo is a mature brand with a very large audience and, recruiting and retention problems notwithstanding, Microsoft believes that they can wring greater profits out of those assets than Yahoo's own management has been able to. Don't expect MicroHoo to become an exciting upstart that appeals to the likes of Udi, but don't expect that this fact will deter Microsoft from pressing forward with their plans.
Filed Under: hot companies, recruiting, udi manber
Companies: microsoft, yahoo
Yahoo Finally Dumps The Music Service It Never Really Liked
from the why-do-it-in-the-first-place dept
A few years back when Yahoo launched its music service, it was pretty clearly designed to fail. Yet, Yahoo kept it going for a while, despite the fact that the executives who ran the program clearly were not fans of the company's own offerings. Thus, it should come as no surprise that Yahoo has simply moved all of its subscribers over to RealNetworks' Rhapsody service, which is having its own problems adjusting to a changing music market place. One could hope that Yahoo's ditching of the music service is a sign that it's actually going to do something more interesting, but given this little merger the company may be involved in, it may be difficult to do very much that's unique or innovative.Filed Under: drm, music, subscriptions
Companies: realnetworks, yahoo
Both Microsoft And Google Are Probably Best Off Shutting Up About Monopolies
from the seriously,-keep-quiet dept
We found it somewhat ridiculous when Microsoft tried to play the antitrust card in complaining about Google's attempt to buy Doubleclick last year. However, it's almost as ridiculous for Google to now be playing the antitrust card against Microsoft for its effort to buy Yahoo. True, Microsoft actually is a convicted antitrust violator, but Google has clearly been beating Microsoft hands down in the internet search/advertising/portal game. In both cases, it's fairly silly, as it's obvious that there's a fair bit of competition going on in the space (and Google's own rise demonstrates how it's still possible for new entrants to rise up). It's no surprise that Google would prefer Microsoft doesn't end up buying Yahoo (even if the resulting integration mess might give Google a chance to distance its lead online), but having either side pull out claims of antitrust violations pointed at the other just seems pointless. About the only thing it's likely to do is come back to haunt them down the road, the next time either one is investigated for any kind of antitrust violations.Filed Under: antitrust, internet advertising, mergers, search
Companies: google, microsoft, yahoo
Microsoft Figures Yahoo May Finally Be Desperate Enough To Sell
from the embrace,-extend...-extinguish dept
It seems that in the first half of every year there are some rumors that Microsoft might want to buy Yahoo. We heard it in 2006 and again in 2007. Now that it's 2008 and Yahoo is looking incredibly vulnerable, having just announced weak earnings and plans to layoff 1000 employees, and given their lack of a serious strategy, Microsoft has finally decided to take the plunge, making a somewhat unsolicited $44.6 billion bid for the company, representing a rather large 62% premium on the company's current valuation. This seems like a move both companies have to make, as a hail mary shot at coming up with something that can actually compete with Google. Going it alone hasn't been working. Both companies have been trying all sorts of tricks to get back in the race, without much success. Both seem to be living off a legacy past, but are unable to excite many new users. Microsoft has shown some signs of moving up the chart, but Yahoo has been steadily listing in the other direction. Combining the two gives them scale, but it'll still take a lot of work and has a high likelihood of failure. Merging two huge companies like this is not an easy thing at all, and could very well be distracting enough to actually help Google gain even more ground. However, given how little either has been able to seriously dent Google's momentum, it seems that they need to give this a shot.Filed Under: acquisitions, mergers, online advertising
Companies: microsoft, yahoo
Losers Relish Scarcity, Winners Leverage Scale
from the yeah,-what-he-said dept
For quite some time now, we've been trying to convince many folks in a variety of industries, but especially the recording industry, to recognize why their rush to create and embrace business models that rely on artificial scarcity was not sustainable. What's been most amazing is how the folks in the industry themselves turn a blind eye to it (or falsely seem to accuse us of just promoting "theft.") However, with the recording industry continuing to struggle, it looks like insiders are finally starting to hear the message. Mathew Ingram points us to a talk given by Yahoo!'s Ian Rogers to a music industry conference last month with the title: Losers Relish Scarcity, Winners Leverage Scale. He goes on to discuss the "physics" of media, which is nothing more than basic economics. However, using the word "physics" makes sense here. For whatever reason (and economists may be at fault here), too many people still assume that economics are what people want to happen or what should happen, rather than recognizing that it describes forces that actually are happening. Talking about economics as "physics" helps get that point across. It's a good pitch, though my experience suggests that the important people won't listen (or, rather won't "hear" what's being said). While much of the industry is figuring this out, the big bosses of the record labels are still a long way from waking up to the reality they face.Digg And Others Sued For Infringing Infamous Computer Solitaire Patent
from the aren't-patents-great? dept
The Patent Troll Tracker is back from holiday vacation and he's got quite a post listing out a bunch of interesting (i.e., depressing) lawsuits involving questionable patents and even more questionable patent holders. In one case, the Troll Tracker even manages to track down a bizarre set of circumstances making it look like an associate at a well known IP law firm spent millions of dollars scooping up a bunch of patents for himself.However, perhaps the most interesting is the third case discussed by the Troll Tracker. It involves the somewhat infamous patents of Sheldon Goldberg, which got plenty of attention back in 2004 when he started claiming that computer solitaire was covered by his patents. The two key patents are for a network gaming system and a method for playing games on a network.
It appears that after years of threats about these patents, Goldberg has now actually started filing lawsuits -- and some of the targets are a bit surprising. The one that stood out was Digg, as you don't often see companies like Digg involved in patent infringement suits (and, as far as I can tell, the news that Digg was being sued for patent infringement hasn't been mentioned anywhere else). Others sued over those same patents include some of the "usual targets" such as Google, AOL and Yahoo. However, it also includes a variety of media properties both big and small -- including the NY Times, The Washington Post, CNET, Tribune Interactive and (another slightly odd one) eBaum's World. While the patents themselves seem quite questionable, it's even harder to understand how these sites could possibly be violating those patents. Either way, perhaps the fact that Digg is now on the receiving end of a silly patent infringement lawsuit, it'll get more of the Digg crowd even more interested in the massive problems with the patent system. Update: Since a few people asked, the story is on Digg itself now.
Filed Under: patents, solitaire
Companies: aol, cnet, digg, google, ign, ny times, yahoo, youtube
The Journalism Business Is Dying? Someone Forgot To Tell Sports Reporters...
from the time-to-go-into-sports-reporting dept
For all the whining from professional journalists about how the internet is killing newspapers and putting journalists out of work, apparently someone forgot to explain that some of the companies hiring journalists these days. The NY Times has an article noting how ESPN, Yahoo and Sports Illustrated have been slugging it out trying to hire sports reporters from various newspapers, sometimes at three times their existing salaries. Newspapers are complaining that they just can't keep their sports reporters -- which is a fairly amazing statement, because being a sports reporter is a dream job for many people. So, perhaps rather than freaking out about how the internet is "destroying" their business, journalists might want to start looking around at the new opportunities the internet is creating for journalists where they can keep doing what they do best, and actually earn a lot more money.Filed Under: journalism, journalists
Companies: espn, yahoo
