The Yahoo Rumor Mill–The Broken Clock Will Be Right at Some Time (2)
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Kara Swisher (7)
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[UPDATED: I added a stronger first sentence to leave no doubt about there is no Microsoft-Yahoo deal at the present time and to be clear I am not backing off on my weekend post on the topic.] Let me be crystal clear: Yahoo and Microsoft are not currently secretly at work on a pricey new search partnership and a piece this weekend in the Times of London that said they were is inaccurate. It’s natural ...
Huffington Post Nabs $25 Million in Funding–Here’s a BoomTown Interview With Oak Investment’s Fred Harman [BoomTown] (1)
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Kara Swisher (7)
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The Huffington Post will announce this morning that it has raised $25 million, in a single investment from Oak Investment Partners. The large round by Oak, which was led by Palo Alto, Calif.-based venture capitalist Fred Harman, will give the popular online news and blog site a valuation of just “south of $100 million,” a source said. The new funding, the Huffington Post’s third, will be used for expansion of its offerings and the hiring ...
“Total Fiction”: There Is No $20 Billion Microsoft Deal To Buy Yahoo Search [BoomTown] (5)
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Kara Swisher (7)
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2 days, 9 hours
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A report in the Times of London in which Microsoft would buy Yahoo’s search business in a convoluted $20 billion deal that would include well-known Internet execs Jon Miller and Ross Levinsohn, is–in the words of one key player–”total fiction.”Actually, that’s Levinsohn speaking, on the record. But that’s also the essential word from all key players regarding the Times’ report. BoomTown has spoken to top sources at Yahoo (YHOO) and Microsoft (MSFT) too and all ...
As Carl Icahn Buys More Yahoo Shares, Is It the Sign That a CEO Choice Is Near? (1)
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4 days, 5 hours
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When everyone else has been selling, it seems Carl Icahn has decided to throw good money after bad–as in nearly $1 billion bad–by buying almost seven million more Yahoo shares, according to a regulatory filing. Why is he doing it? BoomTown is guessing that the billionaire investor thinks he can recoup some of his massive losses in Yahoo, as Jerry Yang prepares to step down, and the board, on which Icahn sits, names a new ...
European Head Toby Coppel Departs Yahoo [BoomTown] (11)
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Kara Swisher (7)
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4 days, 22 hours
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Yahoo is losing yet another top executive–Toby Coppel, its EVP and managing director of Europe and Canada, is set to announce today that he is stepping down. The departure, which has been in the works for months, is not related to the recent news that Yahoo CEO Jerry Yang is also relinquishing his job as soon as the company completes its search for another CEO. Coppel’s job covers the major Western European markets (United Kingdom, ...
Update on the AOL-Yahoo Deal: “Like Trying to Catch a Falling Knife” (3)
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Kara Swisher (7)
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6 days, 15 hours
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Last week, Bloomberg reported that Yahoo and AOL were still chit-chatting about a possible deal–non-news, actually, given the pair have never stopped talking. Nonetheless, it set off yet another flurry of excitement on Wall Street that a deal to merge the two troubled Internet companies was imminent. But you might have a quicker time watching grass grow, according to numerous sources BoomTown has talked to over the last week about exactly where the AOL-Yahoo deal ...
To Sell or Not to Sell–That Was the Question for Twitter (But Was Its Answer Right?) [BoomTown] (1)
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Kara Swisher (7)
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There are two schools of thought about Twitter’s decision not to sell itself to Facebook, as it did not in the fail-whale of a deal that BoomTown reported on yesterday. Here’s my favorite quote from an Internet exec who thought the microblogging service’s decision to turn down $500 million in stock (and some cash) in the hot social-networking site was–how can I put this delicately?–stupid: “If Twitter turned down 500m in stock, they should go ...
Sarah Palin’s Dead Turkey Interview (2)
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Kara Swisher (7)
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1 week
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How much do I love the Internet? Muchety-much after seeing this interview that Alaska Governor Sarah Palin gave plastered all over the Web, in which the former Republican VP candidate gives a local Anchorage television station an interview as a Thanksgiving turkey is being slaughtered right behind her. Actually, I cannot exactly tell what the hapless workman is doing to the poor turkey in question, because he keeps coming in an out of the frame, ...
Mark Zuckerberg Talks Twitter With John Battelle (When He Was Talking to Twitter About Buying It) [BoomTown] (3)
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Kara Swisher (7)
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Here’s the video of Web 2.0 Summit host John Battelle interviewing Facebook CEO Mark Zuckerberg a few weeks ago, in which Battelle floated a rumor that the social networking site might be interested in buying Twitter. If you want to see the exchange, it starts at 22:15 minutes, when Battelle asks: “Is Twitter just a feature of Facebook?” Awkwardness ensues from there until 23:07 minutes, with no direct question about an actual acquisition effort asked. ...
When Twitter Met Facebook: The Acquisition Deal That Fail-Whaled | Kara Swisher | BoomTown | AllThingsD (75)
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About three weeks ago, Facebook and Twitter ended several weeks of serious talks, in which Facebook was offering to acquire Twitter for $500 million of its stock. While rumors of Facebook’s interest were brought up in an interview with Facebook CEO Mark Zuckerberg at the Web 2.0 Summit a few weeks ago, some shot down the idea as silly. Quite incorrectly, as it turns out, since top execs at both Facebook and Twitter were right ...
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Geoff said:
I agree with Twitter's decision, but i'd probably make a tasty sandwich for Facebook stock just to say i did.
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Boris Mann said:
Ha! I LOL'd -- "I’m not sure I’d sell a sandwich in exchange for Facebook stock."
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Andrew said:
Depends what's on the sandwhich, I think it might be worth good pastrami.
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Nate said:
Facebook sounds a bit greedy here. Despite Facebook integrating updates into their news feeds, Twitter still keeps on picking up users and buzz.
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Pheelmore said:
no,sandwiches are just too good.
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Josh said:
Facebook sounds desperate.
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Romain said:
Haha :)
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Andrew Meyer said:
Facebook tried to buy Twitter... weird.
It’s Official: Yahoo Search Exec Suchter to Microsoft (4)
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Yesterday, based on sources, BoomTown reported, that Yahoo search exec Sean Suchter was headed to Microsoft. Now it’s official. Here’s a Microsoft (MSFT) statement on the hiring of Suchter (pictured here), an important tech leader at Yahoo (YHOO), from Satya Nadella, SVP for Search, Portal and Advertising: “We are very pleased to confirm that Sean Suchter will be joining Microsoft as the GM of our Silicon Valley Search Technology Center, working on Live Search. Sean ...
Transit Cuts, Fare Hike Are as Severe as Expected (2)
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Billy Parker (2)
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1 week, 4 days
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Photograph by phrenologist on Flickr After much speculation and the local papers preparing commuters for what was to come, the MTA made their official budget proposal today and as expected, the cutbacks were dramatic. In addition to the slashing of the W and the Z lines among other cuts listed Tuesday, today's 2009 budget also included the following: Increasing weekend wait times by 25% on most lines Raising express bus fares from $5 to $7.50 ...
BoomTown Pick for Microsoft Digital Head: Qi Lu (Yes, the Former Yahoo Search Guru) [BoomTown] (2)
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Kara Swisher (7)
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1 week, 5 days
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Yesterday, BoomTown opined that Microsoft was nearing a decision on who would become the head of its digital efforts. And, according to several sources and some puzzling by me–if an agreement can be reached–I think that Microsoft (MSFT) CEO Steve Ballmer’s top choice is former Yahoo tech star Qi Lu. While this is by no means a done deal, Lu is just the kind of top tech exec that Ballmer and Microsoft would warm to ...
Steve Bomb-mer Drops Another One on Yahoo, Whose Shares Tank to $9, as Microsoft Settles on Digital Head Pick (1)
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1 week, 5 days
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At least Yahoo got one day of stock euphoria, on the news that its CEO, Jerry Yang, was stepping down, before Microsoft CEO Steve Ballmer dropped yet another bomb on the troubled Internet giant by saying once more with feeling that he is not at all interested in buying it. Yahoo (YHOO) stock plummeted on the news, dropping below $10 a share to close at $9.14, down $2.41 or an astonishing 21 percent. While lack ...
Play Splitter, a free online game on Kongregate (2)
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Kongregate free online game Splitter - In Splitter, each level can be solved in a number of different ways. Will you be able to come .... Play Splitter
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Jacob W said:
This game is effing fun.
