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February 3, 2008
Google: Riding to Yahoo's Rescue?
News hitting everywhere tonight that was buzzed about Friday: The nuclear option I described for how Yahoo can extricate itself from Microsoft's bear-hug big may be becoming real. Word is that Google's Eric SavitzSchmidt called Yahoo CEO Jerry Yang Friday and offered to help, which likely amounts to more than the mischievous Dave Drummond blog post earlier today.
While we won't see a competing Google bid for Yahoo, I now give it perhaps a 25% chance that Yahoo tries to block this deal by doing something on the scale of outsourcing search-related advertising to Google. And if it a) comes quickly, and b) came with replacing Yang with a new CEO, it has a chance of succeeding. Assuming Yahoo tries, of course, Microsoft will quickly take its $31 offer directly to shareholders and see if it can set up its own slate of Yahoo directors. What fun!
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As a computing ignoramus with dysgraphic dyslexic who with my wife has suffered more than 15 years of forced Microsoft dependence because of my work for the UK NHS, I am now retired and taking stock whether I can go through the disruption let alone the cost of uncoupling from this all pervasive dinasoral system which is the geeks income generating delight and rejoin the low maintenance Apple clan. A Yahoo Microsoft Merger could just be the final straw and force me to invest the neccessary time and money.
Love to hear from anyone who has dared to do it and survived
Anyonymous: Are we playing biz pundit Jeopardy? Okay, Who is "Eric".
Pual: I think anon is saying your post references the wrong Eric...
Anyway, this might actually get fun.
(and sorry for the typo above)
Paul -- short term this scenario may provide a bump and encourage a few die-hard Yahoos that they can make a go at it. However, there is absolutely no chance that Yahoo! can remain an independent company on a long-term (4-5 yrs.) basis. Both Microsoft and Google have way too much financial and human capital and will eventually roll over Yahoo!.
Wow, I've been promoted!
Congratulations, Eric -- although Paul seems to be implying that one Eric is as good as another :-)
Crap. Either I need more sleep, or you two Erics need to have clearer differentiation between your names.
This Yahoo merger is a lot scarier than what people think. It is a pervasive way of taking over Internet communication.
You see Yahoo is connected with ATT telephone in the USA. My internet provider is Yahoo.
This merger could affect the world in a negative way like a tsusami.
People do not realize just how interelated some of these companies are.
Also is it the governments that run the world or is it the mega companies now.
Examples:
Check into what Ford Motor Company really owns, check into what General Motors really owns.
The more I look into this the more apparent it becomes to me that governments no long run countries. Countries are just window dressing for the world public.
Stanley, where do you get your foil hats? I'm in need of a replacement.
Savitz?