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Yahoo caves in. Google comes out ahead and another giant, namely Microsoft, willing to overpay for stock is left shaking their head in disbelief. Frankly, i'm right there, too - shaking my head in disbelief.
Absolutely incredible! For a man of Jerry Yang's intellect, or obvious lack thereof, this is an incredibly stupid decision. There is not a single positive aspect to it. Antitrust and compete violations aside, what will move an advertiser to purchase Google Adsense to be displayed on Yahoo search results? If i wanted that, i go through Google directly, not to some reseller.
It's amazing that one of the powerhouses that shaped today's internet is succumbing to be a reseller.
The most interesting statement of an article i just read: " Barak Orbach, a law professor at the University of Arizona, said there are reasons to be concerned from an antitrust perspective. And if Yahoo becomes dependent on revenue from Google, he warned, "Google can kill you. Why would Google be interested in keeping you alive?"
The full article is on the frontpage of IB.
Maybe it's just me, but Yahoo's decision making ability seems to be heavily impaired. Since the days of the conception of the public internet, this has been the most questionable decision to date.
GMJ
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