Wall Street Looking To Continue Its Buy 'Em Up Then Break 'Em Up Strategy With Yahoo?
from the next! dept
In the past, we've joked about Wall Street's amazing ability to convince companies that they need to acquire each other and merge to bring out "synergies" and then convince those same firms to later break themselves up into separate companies to "release shareholder value." It's all part of the shell game, where the investment bankers on Wall Street get to take out their huge fees whether a company is being built up or broken apart. It looks like the latest such target may be Yahoo, as an analyst at Sanford Bernstein has kicked off the discussion by noting that the company could release shareholder value by breaking itself up into three companies. Which companies? Well, it would want to split up the search and the advertising parts of the business... you know, the same parts of the business that folks convinced Yahoo it needed to buy four years ago if it was going to successfully take on Google. Now, of course, the only way for it to successfully take on Google is to get rid of those businesses. Luckily, the folks on Wall Street will happily help with both ends of the transaction for aFiled Under: acquistions, investment banks, mergers, spinoffs, wall street
Companies: sanford bernstein, yahoo
Google, AOL, Yahoo And Microsoft All Sued Over Excessively Broad Auction Patent
from the innovation-at-work dept
In the latest silly patent lawsuit to be filed in Marshall, Texas a company holding a patent on using gaming to determine the final price of an auction system. The company is now claiming that Google, AOL, Yahoo and Microsoft are all violating the patent with their ad auction models. The interesting thing here is that the patent is clearly talking about a very different system. It describes a process of setting a range for a price, and then allowing some sort of game ("a video game, electronic board game, sports bet, card game") to determine what the actual final price is within that range. Of course, that doesn't sound at all like what the various companies listed here are doing. However, that's where whoever drafted the patent earned his or her money. Rather than limiting it to games like those listed, the following phrase was also added: "or any other activity." This is right out of the standard patent attorney's playbook for creating super broad patents -- though it goes against the entire purpose of the patent system. None of the companies involved built their businesses based on this patent. They certainly didn't get the idea for an ad auction based on this patent. Instead, this is just some company taking an overly broad patent and trying to apply it to big, rich companies, in the hopes of scoring some kind of cash settlement. That's not what the patent system is designed to do.Filed Under: business models, patents
Companies: aol, google, microsoft, yahoo
Do People Always Search To Be Sent To Another Site?
from the questions,-questions dept
Mashable points us to a study done by online research firm Compete about which search engines do better in "search fulfillment." That is, what percentage of search queries on a particular search engine lead to someone clicking through to a search result. Yahoo clearly beats out Google (who then beats Microsoft). The theory, then, is that Yahoo does a better job pointing people to what they want to know about, since more of the queries end up in clickthroughs -- and that may certainly be true. However, it's not the only explanation. John Battelle weighs in to suggest that Google users may simply refine their queries a few times before clicking through to the desired results. Another possibility is one that happens to me all the time: if I'm searching for information and not a website, I may not need to clickthrough at all. I can just see the information needed in the snipped found in the search. So you could read the study as saying that Microsoft and Google provide more relevant snippets than Yahoo. The truth is probably somewhere in between, so while this data is interesting, as an aggregate number, it probably doesn't tell us very much.Filed Under: search, search engines, search fulfillment, search quality
Companies: google, yahoo
Google, Yahoo Sued For Stealing Names From Tanzanian Tribes
from the a-lawsuit-a-day dept
If you liked our report on the bizarre handwritten lawsuit against Google from a guy worried that his social security number was too similar to Google's name, here's another one for you. Once again, special thanks to Eric Goldman for passing this one on. This time, at least, most of the lawsuit is typed (there are some handwritten parts at the end), though, there are numerous typos. The lawsuit is being filed against both Google and Yahoo by a guy who is apparently being detained by Immigration services in Houston. He claims that both Google and Yahoo stole their names from Tanzanian tribes -- and now they should pay up. Specifically, he claims that Google took its name from the Gogo tribe and Yahoo took its name from the Yao tribe. Conveniently, this guy happens to be a descendant of both tribes. He's merely asking for both companies to pay $10,000 each to every member of both tribes, going back three generations. Simple!While it is true that many companies are using foreign words (Swahili is especially popular) in choosing company and product names (Kijiji, Joomla, Renkoo, Wiki, Tafiti, Jambo, etc.), both Google and Yahoo have pretty well-documented histories of their names, and the names of these Tanzanian tribes clearly have nothing to do with either one. Not that the guy doesn't try: "The court is now been asked to answer a common sense question: Is "Google" much more related, semantically and lexically, with "Gogo" or with "Googol"?" Once again, the chance of this lawsuit getting anywhere is basically nil (even if they had taken their names from the tribes, which they clearly did not), but as Goldman points out to us: "There is, of course, a serious problem here about the courts getting clogged up with lawsuits brought by prisoners/detainees with too much time on their hands and nothing to do but file lawsuits, and companies having to spend money to stomp out these lawsuits." In the meantime, this seems mighty close to life imitating The Onion.
Filed Under: gogo, lawsuits, tanzania, yao
Companies: google, yahoo
Creative Commons (And Virgin) Sued For Teen's Photo Being Used In Ad Campaign
from the sue,-sue,-sue dept
Stack writes in to let us know that the family of a teenager in Texas has sued Creative Commons, Virgin Mobile Australia and Virgin Mobile USA because Virgin Mobile Australia happened to use a photo of the girl in an ad campaign in Australia. The photo had been taken by the girl's youth counselor, who posted it on Flickr, with a Creative Commons license saying the photo could be used with attribution (the ad apparently includes the Flickr URL, so it appears to be following the terms). There are some bizarre parts to the story. It's not clear why they're suing Creative Commons, since the photographer (who is apparently suing as well) chose the license in question. If he didn't want to have the photo used, he shouldn't have picked a CC license (or should have picked a more restrictive CC license). It's certainly ridiculous to then blame CC because the guy didn't know what kind of license he was choosing or how it could be used. In fact, the original photo is still using a CC Attribution 2.0 Generic license. You would think before suing the guy would have at least changed the license. It also doesn't make any sense that the family is suing Virgin Mobile USA. It's an entirely separate company from Virgin Mobile Australia. Also, the family says that they're quite upset because people can now "Google" their daughter. Yet, the ad doesn't have her name, and the photo was put online by the youth counselor, so it's not clear how they could be Googling the ad (and, of course, by suing, the family is only drawing a lot more attention to the ad). Finally, the family is complaining that this is defamatory and somehow insulting -- yet it's difficult to see how the ad can be construed as insulting. It's hard to see such a case getting very far -- though, it is interesting to see that Virgin Mobile was using CC Flickr photos in their ad campaign.Filed Under: creative commons, flickr
Companies: virgin mobile, yahoo
Is Yahoo's Zimbra Buy An Attempt To Move Into The Enterprise?
from the one-way-to-do-things dept
Earlier today, the news broke that Yahoo was acquiring email and collaboration tools provider Zimbra for $350 million. Some may find this a little odd, since Yahoo just recently (finally) revamped its online email client based on the code it obtained years ago in purchasing Oddpost. However, one reasonable explanation is that this is (yet another) Google-inspired response. Yahoo bought Oddpost soon after Google released Gmail and Yahoo realized its email client was looking woefully dated. More recently, Google's been getting all sorts of attention for its attempts to move further and further into the enterprise with Google Apps -- including pushing Gmail as a solution for enterprise email. Zimbra collaboration offerings were mainly focused on enterprises or organizations that would be rolling out email to many customers (such as ISPs). Yahoo hasn't focused much (if at all) on creating an enterprise-ready solution, so by buying Zimbra, it could be signaling plans to move much more aggressively into the enterprise with enterprise-ready apps. This is definitely a shift from the Terry Semel-run Yahoo that was so focused on being a media company with some technology. Of course, we've all seen acquisitions like this go nowhere, so there are plenty of questions still to be answered about whether or not Yahoo really be more of an enterprise-focused company, but it would appear that it's at least going to try.Filed Under: collaboration, enterprise software
Companies: yahoo, zimbra
One Year After Tearing Down The Walls, AOL Still An Also-Ran
from the free,-as-in-CDs dept
Last year, in a move that came only six years too late, AOL decided that walled gardens were out and that free web services were in. For a brief period, there was a flurry of news about AOL's attempt to reinvent itself as a Yahoo-like portal. With the walls torn down, the challenge for management was to actually give people a reason to use AOL's services, thus driving up traffic and ad revenue. Simply being free would not be enough to bring people back unless there was a compelling reason. A year later, it doesn't look like the company has accomplished this. Earnings guidance was recently reduced as the company's growth rate continues to lag behind the industry average. As Wall Street gets antsy over its performance, it seems likely that we'll hear renewed calls for Time Warner to just dump AOL and finally wash its hands of the whole affair. AOL's problem is the same one facing Yahoo: it's not Google. The difference is that Yahoo still has a lot of market share and traffic to work with. Both companies have made several acquisitions in the past year or so in an attempt to reinvent themselves, but unless one of them stumbles onto the next MySpace, Facebook or YouTube, it's unlikely that acquisitions will hold the key to a turnaround.Filed Under: free, walled garden
Companies: aol, google, time warner, yahoo
Would Yahoo Hand Over Its Paid Search Business To Google?
from the wouldn't-that-be-something? dept
With Yahoo and Google considered such big rivals these days, many people forget that they were originally partners. For many years, Google provided the search engine that powered Yahoo, while Yahoo focused on all of the various other properties it had. It was only way too late that Yahoo realized just how much money Google was pulling in via paid search and went on a buying spree to buy up nearly every other serious player in both the paid search and search technology business. However, stringing together all of those businesses was a lot more difficult than Yahoo expected, and it only gave more time for Google to run away with its lead in the space. Only recently did Yahoo come up for air and realize how far off course things had gone. The company jettissoned CEO Terry Semel in favor of founder Jerry Yang, who's now apparently considering all possible options. According to Kara Swisher, that includes giving up in paid search and partnering with Google again, though, this time for paid search and not just pure search. Apparently, despite the rivalry, executives from the two companies talk quite often and have even sketched out how such a relationship might work. It's probably a long way from reaching that point, but it's probably going to look more and more appealing. Yahoo is spending a ton of money just to catch up and tread water, while Google would let them save a lot while potentially allowing them to earn a lot more as well. It may hurt their pride, but it's probably the right move.Filed Under: paid search
Companies: google, yahoo
Search Engines Compete On Accuracy, Privacy Policies
from the who-is-the-private-ist? dept
With Google taking some hits over its data retention practices, its competitors are hoping that they can use the privacy issue to their advantage. Microsoft, Yahoo and Ask have all updated or clarified their policies to give users more control over what data is kept and for how long. It's great to see that the search engines are responsive on this issue, but it's hard to imagine that these moves will have a big effect on the competitive landscape. Consumers express a preference for better privacy when asked about it in studies and surveys, but they often fail to put these preferences into practice when choosing products. Of course, even if users don't switch from one site to another, the net effect of this oneupmanship should result in better privacy, if these companies stick to their word.Filed Under: privacy, search
Companies: ask, google, microsoft, yahoo