May 5, 2008

Microsoft/Yahoo: The Blame Game

Microsoft’s Ballmer and Yahoo’s Yang are pointing fingers at each other, blaming the other for the failed merger. With Yahoo’s stock dropping some 14% ($4.30 per share), Yang told Reuters today: We were negotiating a way to find common ground and then on Saturday they chose to walk away… They started it and they walked away. Ballmer stated on Saturday with his letter withdrawing the bid, he was disappointed that Yahoo! would not accept their $33 per share offer up from the initial $31 per share offer from back in January: In our conversations this week, we conveyed our willingness…

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Weekly Update 2008-05-05

Here’s an overview of this week’s Update Meeting: Fx 2.0.0.15 – Status: In Progress Code freeze: June 6 Builds start: June 9 QA starts: June 10 Release to beta channel: June 17 Final Release: June 24 Firefox 3 RC 1 11 blockers left on the front end 3 to be patched 2 Places bugs, ETA today Fx3 credits, waiting on last call, will be closed out today. See mconnor’s blog post for the last call for nominations, please _email_ nominations to mconnor by EOD. 27 fixed in the last week Gecko 1.9 RC 1 Code freeze: April 8th Builds start:…

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Microsoft/Yahoo: The Aftermath

Today is the first business day since Yahoo! rejected Microsoft’s final offer. Yahoo’s stock dropped $5.65 per share to $23.02 when the markets opened this morning. Currently it has recovered slightly and been hovering around $24.50 per share. Microsoft on the other hand saw a very slight increase (71¢ per share) in their stock price with an opening of $29.95 per share. Currently the stock price has been around $29.80 per share. Besides how low Yahoo’s stock can drop it will also be interesting to see what happens with Yahoo! CEO Jerry Yang. One has to wonder if he has…

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