10 Jul
No MicroHoo? Hallelujah!
When I saw the headline, I smiled: “Microsoft Abandons Yahoo Acquisition.” Absent a surprise ending, the behemoth of Redmond’s try to go head-to-head with Google in Web advertising by paying billions to snap up Yahoo has failed. And I’m relieved–if the merger had gone through, it would have been one of the more soul-crushing moments in recent tech history.
I didn’t like the idea when Microsoft went public with its bid back in February, and nothing in the extreme three months has made me reconsider. With the likely exception of Yahoo stockholders, I can’t imagine that anyone would have ultimately been happy with the outcome of a merged Microsoft-Yahoo–not Microsoft or Yahoo’s users, not its employees, and probably not even Microsoft itself.
Not that the bid falling by itself leaves Yahoo in great shape: It’s well-adapted to appearance a bruising reaction from investors in the form of a hit to its stock price and lawsuits from shareholders who think that CEO/founder Jerry Yang and the rest of the company’s management should have taken Steve Ballmer’s money and ran. The association is still short on bright ideas as being justly competing with the Google juggernaut. And it may yet have to undergo dramatic change–in the conformation of a scaling back of its ambitions, the outsourcing of its ad business to Google, or every acquisition by somebody else. Despite everything, though, I think the company’s far more likely to come up with interesting new services for consumers than if it had been gobbled up by Microsoft.
And as for Microsoft? I’m not saying I know to what extent to run the company better that Ballmer and Company, but I kinda be of opinion it would contribute sense if the congregation gracefully backpedaled on its desire to be an advertising kingpin. Modest proposal: Howsabout going back to basics and doing everything in its power to come up with a next-generation Windows that the world resoluteness find greater degree of appealing than Vista in its current form?
So what’s your opinion on total this?
