Giving some link love to Fred for a great post on how Microsoft's investment in Facebook might make it's fight for Yahoo a bit more interesting. But I am saying that if you overvalue Facebook, you are also overvaluing myspace. And when the company you want to buy uses a myspace overpay to make itself less interesting to you, then you are the one who gets screwed.
Below is a market snapshot of the past two weeks with tech heavyweights GOOG, YHOO, and MSFT. February 1 marks the date the market learned of the Microsoft's unsolicited $44B bid for Yahoo. What's the market think?
Long-term YHOO investors believe the deal will happen and seem ready for an exit. After all, MSFT's $31 per share bid is a %60 premium on the stock. Google is regaining a few points from it's recent slide on the news. Meanwhile, Microsoft's beleaguered stock continues to decline, down 11% since the offer. Ouch.
Time Warner joins the ranks of big name ISPs that automatically redirect unresolved domain lookups to a company-owned landing page. I realized this today when Road Runner, Time Warner's broadband service, redirected me to a results page for a misspelled domain. The service was enabled by default. They do offer a means to opt-out. But, apparently it might not be that easy. Because of companies like Charter, I have to test if its is a true fix: Charter's way to "opt-out" is to put a cookie on your computer to redirect you to a fake ...