From Silicon Alley Insider, April 30, 2008:Microsoft leaks news that it is willing to pay $32-$33 for Yahoo–in
a last attempt to get Yahoo shareholders to pressure the board to sell.
It adds that Yahoo’s board wants “upper $30s.” As at the st
Monthly Archives: April 2008
Time Warner Plans Cable Spinoff; Is AOL Next?
Time Warner’s earnings this morning were disappointing, although revenues were higher than expected. The big news is that Time Warner is planning to spin off its Time Warner Cable unit, although details remain sketchy.The other news is that
Eric Schmidt: Google Has Secret Plan to Mint Money With YouTube (GOOG)
From Silicon Alley Insider, April 30, 2008:CNBC is hyping a Eric Schmidt/Maria Bartiromo interview that airs today at 4pm, but they’re already released the transcript from the chat, taped yesterday. …
Fortune: AT&T to Slash 3G iPhone Price, Hosing Existing iPhone Owners
The 3G iPhone isn’t even out yet but AT&T is already planning steep discounts to lower the cost to $199, Fortune reports.Such a move is destined to frustrate a lot of people who’ve recently bought existing-model iPhones, which
Microsoft’s Next Move Due Today: Walk or File Board Slate
From Silicon Alley Insider, April 30, 2008:Microsoft (MSFT) will make its next Yahoo (YHOO) move today, says Kara Swisher. (The WSJ is more vague, saying a move is “imminent.”) Whenever it happens, the move will likely be either 1) walking or 2)
Wall Street Eyes Another Rate Cut, More Gains; Should You Play Along?
The Fed’s two-day policy meeting is widely expected to conclude today with a 25 basis point rate cut and signals of a pause in the easing campaign.Clearly the Fed has already done a lot — having already cut the fed funds rate six times from 5.25% to 2.25
MicroHoo: Game On?
From All Things Digital, April 30, 2008:While BoomTown has been wishing that it would not come to
this — hoping Microsoft and Yahoo would wise up and actually talk, as
many at both companies had been planning would occur in a neutral place like Oregon
Forget the Fed: China Holds Key to Market’s Near-Term Fate
Ahead of the Fed, major averages were relatively unchanged for a second straight day Tuesday. Now, it’s “put up or shut up” time for the market — and certain market watchers.
Apple to RIM: Take Off, Eh? Hoser
From All Things Digital, April 29, 2008: Apple (AAPL) and Canadian wireless provider Rogers Communications (RCI) have finalized a deal that will soon bring the iPhone to the RIM BlackBerry’s backyard. In a brief note issued this morning, the co
Confidence, Housing Data Test Bulls’ Mettle
Ahead of the Fed’s rate decision Wednesday and Friday’s jobs report, the market is taking a dip Tuesday amid data showing falling consumer confidence and rising foreclosures. …