Brin, Page and Schmidt have cut and run on Yahoo CEO Jerry Yang. Word is Google execs visited with Yang and the Yahoo board last week and encouraged them to say no to Microsoft's offer. As incentive to do so, Google is said to have offered to take over Yahoo search and immediately boost the floundering company's cash flow. On Monday, Yang officially rejected Microsoft's offer. But now that Yang and the board face a proxy fight with Microsoft, these Google executives are suddenly less interested in bailing Yahoo out, the WSJ reports. Sources tell the paper that the Googlers' enthusiam waned as antitrust worries waxed. But we wonder if all Google wanted in the first place was to keep Microsoft and Yahoo from doing anything quickly.
Yang loses his Google escape route
6:54 AM on Wed Feb 13 2008
By Nicholas Carlson
6,528 views
12 comments
.jpg)







Comments
Yahoo doesn't really have cash flow problems. They're operating at a higher profit margin than a year ago. ~8% is low for the tech industry, but Exxon-Mobile's is 10%, so that's not an indicator of problems.
The only bad sign is that they're spending what cash they're sitting on, but the layoffs indicate that they're aware of this problem.
Search hasn't been Yahoo's thing for a while, either, it's been content. This Google meeting doesn't sound right.
You could use an editor: it's ---> its
@grubber: It's true. I could.
What happened to the "Do no evil"?
hiring?
@grubber: I assume you mean me, since Nicholas never said either.
I was contracting 'it has' (it has been content).
If you were going to say the comma following either should be a semicolon, I'd agree, but he who mixes colons and semicolons up, himself, is in no position to notice or comment.
@grubber: Or he fixed it, and I issue a half apology.
@Sample032: he said it and fixed it. Apology half accepted.
@sample032: Yeah maybe it was you. With "its" versus "it's" I pretty much always assume I'm the one who fucked up.
Of course Google would say not to accept the offer from MS.
this is smart, they just want to hurt ms financially by spending more to buy a devaluing property.
What happened to the "Do no evil"?
I'm not sure that standing by while two competitors shoot each others feet off constitutes evil.
They'll have some work on their hands taking on all the fleeing customers though.
Comment on this post
Reply by EmailLogin with your username and password below. Or comment on this post via email.
Forgot your username or password? New User?