Microsoft CEO Steve Ballmer heeded our advice and walked away from a bid for Yahoo. Did he dodge a potentially career-ending bullet? "The talks broke down this afternoon after a face to face meeting in the Seattle area that included Microsoft CEO Steve ballmer, Microsoft exec. kevin johnson, and Yahoo co-founders Jerry Yang and David Filo." [All Things Digital] (Photo by Yodel Anecdotal)
News Corp. is now discussing a possible joint takeover bid for Yahoo with Microsoft, according to unnamed sources cited by the Wall Street Journal. Meanwhile, Yahoo is now discussing combining Internet operations with Time Warner-owned America Online as part of a three-fold move to stave off the takeover bid that includes teaming up with AOL, buying back much of the company's stock and running search ads from Google. Analysts quoted in the Journal still suggest the sale to Microsoft is a fait accompli, and that Yahoo is just trying to get CEO Steve Ballmer and company to cough up a higher bid for shares.
CONFONZ — Yes, cheezburgers have taken over the IntarWeb. Who are we to go against the grain? Bitching and moaning won't help. The Conference Fonzerelli is still here, though his reign of terror is coming to a rapid end. With the weekend, and the Sea Siren parade coming up, the Fonz needs to trade in his leather jacket for a Spongebob-colored cardboard box. In an effort to get him out the door faster, he's wrapped up a nicely flavored selection of little dots for your mastication. After the jump, the Reiser alibi gets stronger, Semel on a Cruise, the Ballminator gets with L. Ron, and did the WSJ change its story?
