Will new Yahoo CEO increase the chances of a Microsoft deal? |
Register here for our next TechFlash Live networking event, March 23, featuring an expert panel discussing the future of online advertising.
Jerry Yang
Yahoo's announcement this afternoon that Jerry Yang will step down as CEO is sure to spark new speculation about the possibility of a deal with Microsoft. For better or worse, Yang's initial aversion to Microsoft's acquisition offer set the stage for months of wrangling that ultimately led the Redmond company to wash its hands of the entire situation.
Microsoft had no comment this afternoon. The company has made it clear in recent months that it's not interested in attempting again to acquire all of Yahoo. However, with a new Yahoo CEO at the helm, a combination of the companies' search businesses might become more realistic, particularly with Yahoo's Google's deal recently unraveling. Adding Yahoo's search business remains a quick way for Microsoft to build market share against Google.
Then again, it's possible to make too much of today's news. After all, the entire Yahoo board was involved in evaluating and responding to the Microsoft acquisition offer. And more recently, Yang himself seemed to open the door again to the possibility of a Microsoft deal.
Yang will remain involved with the Sunnyvale, Calif., company as its "Chief Yahoo," returning to his former role. He will also remain on the company's board and participate in the search for a new CEO. Kara Swisher of AllThingsD has a copy of Yang's e-mail to employees, in which he writes, in his trademark lowercase, that "the time is now right to transition to a new ceo who can take the company to the next level."
Todd Bishop is co-founder and managing editor of TechFlash. He has covered Microsoft and the technology industry for more than five years, most recently as a daily newspaper reporter and blogger based in Seattle.
READ FULL BIOGRAPHYSeattle University Software Engineering
Chinwe Okeke (MSE’08) pursued her graduate degree while working as a developer and technical analyst for the Boeing Company. She picked the SU-MSE program for small class sizes and real world learning opportunities offered through the academic service-learning and capstone projects.
The MSE program at Seattle University is geared for working professionals with classes offered in the evenings. The program builds upon the computing experience of its students and offers courses in a variety of technical and management areas of software engineering, with an emphasis on teamwork and a disciplined approach to problem solving.
Marchex is one of Seattle’s largest ad technology companies with 300+ employees providing call and click based performance marketing products, and managing over $100m in ad budget for tens of thousands of advertisers. Our customers range from local businesses to the Fortune 500.
Our talented and creative product engineering group is hiring.
If you are an innovative software design engineer interested in solving difficult problems at scale, across a wide array of technologies from Lucene to Hadoop to Asterisk and SIP then we’d love to hear from you!
Apply now.
Technology Tax Planning – Did You Take The Deduction?
Technology companies require professional advisors who can assist in all aspects of the business. The BDO Technology Practice provides a full range of services tailored to help address the changing needs of domestic and international companies. In addition to core audit and tax services, BDO professionals can assist technology companies with:
· Revenue recognition
· Business combination accounting
· R&D tax credits
· Compensation and benefits
· Business valuations
Backed by 38 national offices and an international network in 110 countries, we have the domestic and global footprint to serve growing technology companies. Contact sphilpott@bdo.com (audit partner), mreeves@bdo.com (audit partner), psmith@bdo.com (tax partner), tzambito@bdovaluation.us.com (valuation), tfiscus@bdo.com, Director, 206.624.2020