Report: Google's Yahoo deal crumbling |
Connect with TechFlash on our Facebook page for all the latest technology news headlines and commentary, plus information and access to special events, photos from events, promotions and more.
Today On Techflash
- Can Microsoft overcome the smartphone app gap?
- Hey recruiters: Here's an R&D lab run by, and for, students
- Apps that waste your time (in a good way): Execs' addictions
- WTIA announces Industry Achievement Award finalists
- Analyst sees 7-inch iPad in Apple future
- Check out this app: Executives list the ones they use most
Mass High Tech
- Microsoft Build: Windows 8 preview a hit, but are investors unhappy?
- Build an app in a day at Mobile App Hackathon
- Beefed-up Skype for Windows; Indie author joins Amazon's 'Kindle Million Club'
- Only solution to Xbox 360 update error is new console
- Ballmer: Windows Phone update 'Mango' has over 500 new features
Report: Google's Yahoo deal crumbling
Google may walk away from its proposed advertising search deal with Yahoo rather than agree to Justice Department restrictions, according to reports in the Wall Street Journal and Bloomberg News, citing anonymous sources. The turn of events would be a comeuppance for the companies -- which at one point asserted that the deal didn't technically require regulatory approval.
The agreement had been designed to prop up Yahoo -- and defend it from Microsoft's unsolicited acquisition bid -- by letting the struggling Internet company participate in Google's lucrative advertising system. Under the deal, people using Yahoo's search engine would have seen ads from Google's system next to selected results. Microsoft vehemently opposed the deal, saying it would consolidate too much of the search advertising market in the hands of Google, the dominant company in the business.
Then again, even without the deal, Google accomplished may have been its most important goal -- keeping Yahoo away from Microsoft. In this post on the Marketing Pilgrim blog, Andy Beal goes so far as to assert that Google didn't ever intend to go through with the Yahoo arrangement, and that the only purpose was to keep Microsoft from "getting its grubby little hands on it."
Setting aside its continuing struggles in the search market, Microsoft still has reason to be pleased with how this turned out. Yahoo's share price has recently been stuck in the teens -- which means Microsoft would have been seen, in hindsight, as overbidding at its original $31-per-share offer. Google's white-knight strategy was enough to help Yahoo fend off the acquisition bid, effectively preventing Microsoft from making what many people saw as a mistake. And now it appears as if the Redmond company's two biggest Internet rivals won't be joining forces after all.
Maybe, in the end, Google simply saved Microsoft from itself.
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.
TechFlash Team
Recent Sponsor Posts
Who's creating today's energy efficient buildings? Find out at the BetterBricks Awards, Feb. 16
BetterBricks Awards salute the individuals leading the way for high performance commercial buildings with an emphasis on energy efficiency. Join us as we recognize these standout green building professionals.
Award categories include: Advocate; Architect/Designer; Facility Manager/Operator; and Owner/Developer.
Keynote Speaker: Kevin Kampschroer, Director of U.S. GSA's Office of Federal High Performance Buildings. Kevin leads the U.S. General Services Administration's efforts in building sustainability and accelerating industry adoption of sustainable principles across all aspects of a building's life.
Register here by February 10!
If you are interested in buying a table, email Monica Alquist or call her at 206-876-5404.
The Triple Door Presents: The Atomic Bombshells "J'ADORE!: A Burlesque Valentine"
Seattle's reigning Burlesque super-troupe delivers a gorgeous and glittering VALENTINE featuring some of the Bombshells' most exhilarating acts to date. J'Adore! promises to celebrate l'amour with good humor, style, and a healthy dose of dazzle! Bring a friend, a lover, a family member, or a secret crush, and celebrate with the Valentine's Burlesque spectacular that will leave you shouting: "J'ADORE......The Atomic Bombshells!" The incomparable Jasper McCann emcees with high style and charm.
Please visit www.thetripledoor.net for a full schedule of future performances.
The Triple Door Presents: Bob Mould – See A Little Light: An Evening of Reading and Music
"Bob Mould. Those two words are synonymous with integrity. From Husker Du in the last century to right at this moment, Bob is the real deal, writing and playing music for music's sake. He's a great songwriter and performer. I have been a fan of Bob's for thirty years now with no end in sight." -Henry Rollins
Please visit www.thetripledoor.net for a full schedule of future performances.
Why Choose BDO for your SOC (previously SAS 70) Reports?
BDO’s experience in providing attestation services (SAS 70/SSAE 16, AT 101, AT 201, AT 601, etc.) to a broad range of industries, and our team of skilled professionals distinctly qualifies us to serve as your company’s Service Auditor. By leveraging the BDO global network of control specialists, we are poised to provide global services in more than 1,000 offices and across 119 countries. Many organizations find that investing in reports on controls may result in benefits, including:
• Increased client confidence
• Improved competitive advantage
• Minimization of frequent audits
• Streamlined business processes and controls
• Enhanced risk management
For detailed information contact Paul Martini at pmartini@bdo.com.
