This is the sort of post that is a business train wreck, and one that only becomes more painful the farther you read. Please be warned. On the 1st of February, Microsoft put forth anunsolicited bid for Yahoo at some $31 per share. That amounted to a total bid of 44.6 billion dollars. You can check thepress reaction to the deal here, if you are curious. On May 3rd, 2008, Microsoftretracted it’s bid....
Yahoo is rumoured to be considering the sale of its stake in its high-performing business in Japan to help simplify a potential sale of the struggling firm. The company may offload its 35% stake in Yahoo Japan, the entity it launched with operator Softbank in 1996,according to Reuters. In contrast to its troubles in the west, Yahoo enjoys a more positive profile across many Asian markets. Yahoo Japan is the country’s most visited site (according toAlexarankings) and thecompany’s most recent public data(PDF) demonstrates its strong performance, particularly on mobile which accounted for around 20% of its 1,762 million page views in March....
Following theoustingof CEO Carol Bartz several hours ago, it appears Yahoo may be considering selling itself off. In the Wall Street Journal’sreportabout Bartz’s removal, a ‘person familiar with the matter’ notes that “Yahoo is open to selling itself to the right bidder.” While Business Insider’s Henry Blodgettclaims, rather sensationally, that this means “Yahoo Has Put Itself Up For Sale”, that not quite the official line on the matter, just the word of one unnamed individual....
Yahoo has found itself once again floundering with trying to figure out exactly what it is. This time, developers who have used its Maps API are in for an unpleasant surprise as the companyplans on shutteringthe service completely on September 13th of this year. As part of Yahoo!’s commitment to creating deeply personal digital experiences, we have been reprioritizing our current portfolio of mapping products to refocus on a great consumer Mapping and Local Search experience....
Moments before the start of the Yahoo press event today in New York City, the companyannounceda partnership with ABC News “to launch a strategic online news alliance that will deliver content to more than 100 million U.S. users each month”. The alliance brings together ABC News’ global news team with Yahoo News’ audience and existing content. “Our deep collaboration with ABC News further strengthens Yahoo! as the No. 1 online news source, greatly enhancing our already robust news content,” said Ross Levinsohn, executive vice president of Americas at Yahoo!...
