about this blog
- Brian Sullivan joined FOX Business Network (FBN) in April 2008 as an anchor. He co-anchors the 10am-12pm ET hours of the FOX Business block.
Prior to joining FBN, Sullivan served as an anchor for Bloomberg Television where he hosted the programs Morning Call and In Focus.
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MIchael
Trust me, there is plenty of anger. I think Jerry Yang should be in prison. He is the single worst CEO ( BTW, other then holding that title, he has absolutely no qualifications to be a CEO, he's a code writer) but I digress. Jerry Yang and his cronies bungled the MSFT merger, they bungled the Alibaba sale ( BTW, that's worth $2.1b less then it was 2 months ago), Jerry Yang was the only one that didn't see Google's half hearted offer at a partnership. Anyone with a brain could have seen that Google was only throwing that lifeline to keep MSFT away. Anyone with a brain could have seen that the second the DOJ started snooping around no way was Google going to risk an anti-trust fight with the Govt. so they are going to hang Yang ( and us shareholders) out to dry. MSFT must be laughing their collective a**es off. Trust me there is PLENTY of anger with the entire management team at Yahoo and for what it's worth if I had my way I'd put them all in prison. They destroyed the company, all because Jerry Yang was to arrogant to sell his precious baby to mean old MSFT.
Alex the Independent
Only Yahoo? While we're at it, where's the shareholder anger from Bear Stearns, Merrill Lynch, AIG, WaMu, Fannie Mae, Freddie Mac, and every other compant that has gone under in the last six months? Trillions of dollars gone, jobs lost by the tens of thousands, and yet all you hear is the sound of panic as the economic elevator heads toward hell. How there is no roiting on Wall street is anyone's guess. It's only your money and your life...
Nathania Johnson
Well, the most likely reason for this past week's drop (besides the larger markets dragging it down) is that Google and Yahoo have postponed implementation of their search advertising partnership to give the DOJ more time. The deal is really Yahoo's only good shot at getting a some cash flow into their company right now. But Google's earnings call next week will give more insight into whether or not that will even work in terms of the greater economy. As for Microsoft, I'm not sure why they would want Yahoo at this point. Jerry and the gang have continuously lost market share in terms of searches performed (in the US) over the past year. What they're really after is ad dollars, which is why I've always wondered why they've passed over AOL, whose Platform-A consistently performs as #1 (though due largely to Advertising.com and not so much their other ad properties). AOL has also been slowly but steadily gaining search share, albeit a teensy weensy amount. A Yahoo-AOL merger attractive for both parties involved. Yahoo still owns a great deal of properties, like their Sports and Finance portals, which attract large amounts of traffic and perform at the top of their respective niches. There's a lot of room for innovation in the search world. It didn't take long for Google to dominate the market, and quite frankly, I can hardly find what I'm really looking for there half the time. Cody Willard always likes to talk about opportunity in a down market, and this might be prime time for the next innovation in search.
Bob
There have been protest on Wall Street but the news media isn't showin it. Media is so bias these days they only show what the higher ups want them to show the sheeple.
Gary
In response to Alex When you are going through hell, don't look back, you might get out before the devil even knows you're there
Layoffs Hitting Real Estate, Retail, Bunnies at The Brian Sullivan Blog
[...] 1,000 employees facing pink slips would probably agree that Yahoo should have accepted Microsoft’s buyout bid earlier this [...]