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05/05/2008
Andrew Ross Sorkin, Michael Arrington
A discussion about Yahoo and Microsoft
A discussion about Yahoo and Microsoft with Andrew Ross Sorkin of The New York Times and Michael Arrington of TechCrunch.com. Yahoo's shares plunged 20% in early trade in New York after software giant Microsoft scrapped its three-month-old bid to buy the internet firm.































Should Arrington really be a guest on the show?? What happened to journalistic integrity? "...We pointed out how odd it seemed that the Washington Post, one of the nation's most trusted and revered newspapers, would run stories written by an ex-lawyer who admits he may advise or invest in companies that are covered on his site..." http://blog.wired.com/business/2008/05/some-advice-to.html
Civil bigotry of the worst sort is alive and well in the rust belt states. Having lived in PA, it was obivous among blue collar and some white collar men that an election between a white male vs. a white male generates the "Who do I like better?" A white woman against a black man with the same group, they will go with the lesser of two horrible evils. They vote for the woman. This is a very sad commentary and I would prefer to be wrong about this.
Thank you SeattleKnows, you hit it on the head. All the analysts saw no other alternative to this deal and were convinced that it would get done. Everyone is guessing, but nobody knows. I held out hope that Jerry would stick to his guns and fight. It was nice to see someone give a damn about his company.
I'm interested to know why no one is talking about Yahoo's plans and the details about their rumored relationships that are being considered as factors in these conversations. Fact is, I have an opinion about all of this too, but this looks like people speculating about things they really know very little about. To fully understand and predict what will happen next are facts that very FEW people are privileged to know, understand or have the right to make a comment about. Maybe we should ask Andrew and Michael who will win the Democratic presidential contender bid??
Yahoo has given its shareholders 10 days to protest: http://www.ft.com/cms/s/0/a742f624-1b97-11dd-9e58-0000779fd2ac.html
Good points from both Arrington and Sorkin. I believe Microsoft is waiting in the wings for a deal at the end of this week.