Yahoo Shareholders Transfer $2.9 Billion To Microsoft Shareholders
Anyone wondering who got the better deal today (my detailed thoughts later) need only look at the stock movements of Yahoo and Microsoft. Yahoo dipped 12.08% to $15.14, knocking $2.91 billion off their market cap. Microsoft gained 1.41% to $23.80, adding…$2.94 billion to their market cap. So net/net about $30 million in new value was created today by the market, All of that plus everything Yahoo lost went to Microsoft. Yahoo got Binged, to the tune of $2.9 Billion. Oops. Our complete...
Read MoreYahoo Got Binged
Today, Yahoo died as a search engine. If the deal with Microsoft is approved, what will replace it will be Bing, the search engine that Microsoft launched only two months ago. Within a few months time, Microsoft will go from owning 8 percent of the U.S. search market to 28 percent (comScore). That is still less than half of Google’s 65 percent, but it could give Microsoft a fighting chance in the search wars against Google. While the agreement was a long time coming, Bing was the cherry on...
Read MoreBartz On Bing Search Deal: “Everyone Wants A Real Alternative.” (Live Notes)
Microsoft and Yahoo announced their search partnership this morning. In a nutshell, Microsoft will power search technology for both companies, while Yahoo will take over ad sales. Here are my notes from this morning’s Yahoo-Microsoft conference call (I’ve bolded parts for emphasis): Carol Bartz: This is a great day for Yahoo. A game changer. benefits for Yahoo. half of all Internet users come to us, but face a formidable competitor in search. share investment expense to scale the market....
Read MoreMicrosoft-Yahoo Search Deal: The Most Important Facts (And Some Opinion)
Now that the search deal struck between Microsoft and Yahoo has been officially confirmed by both companies, by means of a press release and a website dubbed ChoiceValueInnovation.com, let’s take a step back and analyze the most important tidbits from the announcement: As expected, Microsoft will power Yahoo Search while Yahoo! will become the exclusive worldwide relationship sales force for both companies’ advertisers. This will have major repercussions for the online advertising...
Read MoreMicrosoft-Yahoo Search Deal: The Official Press Release
Microsoft and Yahoo have now officially announced the search deal that has been rumored for long and finally confirmed by us and other news outlets yesterday evening. Official press release (emphasis ours apart from title and subtitles): Microsoft, Yahoo! Change Search Landscape Global Deal Creates Better Choice for Consumers and Advertisers SUNNYVALE, CA and REDMOND, WA — 29 July, 2009 — Yahoo! and Microsoft announced an agreement that will improve the Web search experience for users...
Read MoreFive Best Instant Messengers [Hive Five]
Instant messaging has become so ubiquitous, an entire generation of internet users is probably unaware there was ever life without it. Check out the following five most popular instant messengers to to help you communicate across networks and the world. Last week we asked you to share your favorite instant messenger with us, and now we’re back to share the top five candidates for the title of Best Instant Messenger. The following instant messengers all support multiple IM protocols, more...
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