Kara Swisher

Recent Posts by Kara Swisher

Yahoo Shares Jump, Mistaking a Regular Steve-Carol Meeting for More

Dear Wall Street analysts and other investors:

Yahoo shares had a little lift today on a rumor that Microsoft was interested in buying it again, all due to a meeting that Yahoo CEO Carol Bartz and Microsoft CEO Steve Ballmer had on Monday.

Sorry to burst your bubble, but Microsoft is not buying Yahoo, as entertaining as a sequel to “Hostile Takeover Disaster” of a few years ago would be to BoomTown.

Instead, the meeting–which I had also heard about–was one of the regular ones that the pair have, to get up to speed on the progress of their long-term search and advertising partnership.

Yahoo shares, which have been stronger lately and opened at $16.91, rose a couple percentage points, but settled down by day’s end to $17.06 and were down to $17 in after-hours trading.


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik