John Paczkowski

Recent Posts by John Paczkowski

Murdoch to Microsoft: U Can Has Yahoo

ucanhasyahoo.jpgAsked during a February earnings call whether News Corp. might entertain the idea of a MySpace-Yahoo alliance, company Chairman Rupert Murdoch replied: “I think that day has passed, but you never know.”

Well, now that he’s had about a month to think about it, Murdoch seems more certain that day has passed. In remarks at the annual Bear Stearns media conference today, Murdoch said News Corp. has no plans to battle Microsoft (MSFT) for Yahoo (YHOO). “We’re not going to get into a fight with Microsoft, which has a lot more money than us,” Murdoch said.

Assuming Murdoch’s on the level, this is lousy news for Yahoo, which had been discussing a partnership with the media company in the hopes that it might thwart Microsoft’s unsolicited takeover bid. With News Corp. bowing out of discussions, Yahoo’s already limited options for avoiding a Microsoft takeover have dwindled to two: cut a deal with AOL or go to the mat with Microsoft in a proxy battle.

Cue the Jerry Yang sad trombone effect


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

Latest Video

View all videos »

Search »

The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald