Yahoo's board of directors emerged from the annual meeting this past Friday still intact. Very few of the shareholders raised any kind of questions about the director's rejection of Microsoft's $47.5 billion takeover bid, showing that the board still has their trust.
Is this the end of Microsoft's bid to get Yahoo? I think not but it may be a little while before we hear more from them. Yahoo as a company has made some serious mistakes over the last couple of years and they are digging their own grave.
Look for example at Meedio. An up and coming HTPC application and front end that was being actively developed. Yahoo! buys it and turns it into shit. Maybe it's just that I was a Meedio user, actually a Meedio purchaser as well. The folks that sold out to Yahoo! made a big mistake and alienated the biggest portion of it's user base.
Leave a comment