| Yahoo! Strategic Error? -- 4/5/2008 |
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It Looks like the Yahoo! acquistion by Microsoft could be in jeapordy. Since Yahoo! turned down the last bid, rumors are that negotiations are not going well. Now that there are worries about Google's business with the recession and reduced paid search spending by companies, Yahoo! historically should fare even worse than Google, not leading a smart company like Microsoft to raise bid, but potentially to lower it. What will Microsoft do? Well, I would certainly lower my bid at this point if I was them, not raise it. CEO, Jerry Yang could be someone to go down in this because if the original bid by Microsoft was good, and Yahoo's business shrinks, it could be a huge strategic error. From a consumer point of view, we need the 3 big search engines to remain separate (Google, Yahoo!, MSN). Why? All three search engines work slightly different and give a slightly different experience to the user. I think we need that diversity. However, if Yahoo! gets acquired, I think it will open the door for one of the Tier 2 search engines to move up and take their place. Other major news today,
Foreclosures are getting so bad that banks have quit foreclosing on a large portion of those 90 days+ late on their payments. In a lot of cases these houses are worth less than the mortgages and the banks are making attempts to keep the people in their houses. This is bad because it delays the inevitable and hides the true severity of the housing decline across the US. Get The Limit Order for $6.65/month with a 3 month membership. The Limit Order stock picks continue to outperform the market, Register for free and check it out. |
