Microsoft Board Meets, Indicates Higher Bid for Yahoo
Late yesterday afternoon, the Wall Street Journal got word of a Microsoft board meeting. And ever since they reported the news, the speculation and rumor mills have been working overtime.
Henry Blodget over at the Silicon Valley Insider got a glimpse of a WSJ story suggesting that MSFT would raise the bid to $32-$33 a share. The story is no longer to be found on the interwebs, which is likely Microsoft’s strategy, according to Blodget. The apparent strategy is to get comment out of Yahoo CEO Jerry Yang on whether or not the upped offer would be accepted.
Earlier reports have both shareholders and Yahoo execs saying “I see your $32-33 and raise you a $35-37.” This is not likely to please the big wigs from Redmond.
But they may have forced their own hand in the matter when they didn’t offer a higher bid sooner. It’s the Yahoo-Google deal that likely tipped the scales in favor of Yahoo in the negotiating process.
Google NYC and Digitas Lead Google-Publicis Partnership
Google’s Tim Armstrong, president North American advertising and commerce, and Penry Price, vice-president of North American sales, with Digitas Chairman and CEO David Kenny will lead the global Google-Publicis partnership. Abby Klaasen broke the news late last night in Advertising Age. The news tops off a terrific week for Digitas, which won the P&G Crest [...]
Google Enigma: Code Cracked by Carr
‘Some say Google is God,’ Sergey Brin once said. ‘Others say Google is Satan.’ The confusion about Google’s identity may not be quite that Manichean, but it does run deep.” – Nicholas G. Carr, in strategy + business Nick Carr asks the question every forward-thinking executive has top of mind: Should innovation-minded managers view Google [...]
Advertising Budgets Expected To Shrink
Something like 20 minutes out of every television hour seems to be dedicated to commercials; advertising is pretty firmly entrenched in our lives. Spending on it is likely to go down, however, with the exception applying to online ads. read more More: continued here advertising budgets expected to shrink
What’s Next for Terry Semel?
When Terry Semel joined Yahoo as chairman and CEO in May 2001, he left behind the investment firm he started, Windsor Media. According to a report from paidContent.org, Semel is reviving that company, after losing his job as CEO in June 2007. Semel still sits on Yahoo’s board of directors as non-executive chairman. He’s reportedly [...]
Online Advertising Might Benefit From Better Data
Suppose you’re promised one reward, and then often given two. Or promised two rewards, and sometimes given one. Studies have found that both humans and monkeys prefer the first scenario, but in the world of online advertising, execs expect to know exactly what’s going on. read more More: continued here online advertising might benefit from [...]
PubCon – In-house SEO
The “In House SEO” panel included Jessica Bowman formerly with Business.com but now with Yahoo, Bill Macaitis from Fox Interactive Media and Aaron Shear who was from Shopping.com but is now a consultant. Moderator duties were handled by Todd Friesen. More companies are bringing search marketing in house either because they want to save money, [...]
Yahoo’s Sue Decker Gets Impressive Pay Raise
It’s only natural that a pay bump would accompany a promotion. The bump looks more like a boulder in the case of Sue Decker, however, who will get paid $815,000 instead of her previous $500,000. So the difference between Yahoo’s chief financial officer and its president is $315,000, apparently, or 63 percent of that CFO’s [...]
Andy Baio To Depart From Yahoo
Two years ago, Yahoo acquired Upcoming.org, and its founder, Andy Baio, went along for the ride. Baio is now leaving, though, and intends to focus his attention on the Waxy.org blog. Baio’s departure is definitely a voluntary move – as Greg Sterling notes, he’s far too nice in his “goodbye” post to have been forced [...]
Yahoo Could Alter Course With Layoffs
We’ve run several, several stories in recent weeks about Yahoo execs leaving the company, and the departures have been, as far as we can tell, completely voluntary. But according to one analyst, a solution to most of the company’s problems would be for roughly 1,200 other employees to involuntarily follow suit. This isn’t a fact, [...]
Recent Comments