John Paczkowski

Recent Posts by John Paczkowski

Jerry Yang's Departure $24-a-Share Too Late…

To this day, I believe the best thing for Microsoft to do is to buy Yahoo.”

Yahoo CEO Jerry Yang, last week

Microsoft CEO Steve Ballmer knocked the wind out of Yahoo’s share price again today when he dismissed the notion that Redmond might renew its bid for the foundering Internet company now that Yahoo’s $2 billion man has agreed to step down as CEO.

“Let me be as clear as I think I’ve tried to be publicly,” Ballmer said at the company’s annual shareholders meeting Wednesday. “We are done with all acquisition discussions with Yahoo. I’ve said that a bunch of times. Somehow some people have gotten confused nonetheless. We thought we had something that made sense. (It) didn’t make sense to them. We’ve moved on.”

Ballmer allowed that a search partnership between Microsoft (MSFT) and Yahoo (YHOO) is still “an interesting possibility.” But he said there are currently no talks about such an agreement.

Shares in Yahoo fell $2.02 to $9.53 on the news.


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

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work