I think even infamous zombie-movie director George Romero would have felt outmatched by the ongoing Yahoo takeover saga, which has gone beyond drama into farce, then back into drama, then taken a right turn into the bizarre, and now threatens to become The Takeover/Merger That Wouldn’t Die. Microsoft wants to buy it, then it doesn’t, [...]
According to the Wall Street Journal, the seemingly interminable Microsoft-Yahoo dance has taken a new twist: Microsoft has apparently approached large media entities — including Time-Warner and News Corp. — about joining up for a run at Yahoo, with the ultimate intent of breaking the company into its component parts. I have to say that [...]
Update:
The much-rumoured Microsoft acquisition of “natural-language search” startup Powerset is now official, with a statement from MSFT and one from Powerset. Mike Arrington says that sources close to the deal tell him the rumoured $100-million asking price is in the ball park. Not bad for a company that has virtually no actual operating business.
Original post:
Matt [...]
Matt Marshall over at VentureBeat says he has it on good authority that Microsoft is planning to make an offer for Powerset, the “semantic search” startup that has been in stealth mode for quite awhile now, popping up only long enough for a party or two, and recently poked its head out with a small-scale [...]
My friend Kara Swisher at All Things D seems convinced that Microsoft has shelved its offer for Yahoo for the last time, since a number of senior Microsoft executives “close to the dealmaking” told her they have walked away from the table for good, and have no interest in acquiring the troubled Internet giant — [...]