Monday, May 12, 2008

News Response #2


Victorious Yahoo CEO now will have to walk the talk
By MICHAEL LIEDTKE
The Associated Press
Monday, May 5, 2008

Summary: In this article, Liedtke talk about Jerry Yang- Yahoo CEO . After many times met with Steve Ballmer Microsoft Chief Executive, they're also had a big deal. When Microsoft offer a price of $33 per share for Yahoo's stock - A attractive price. Whereas the Analysts think this is a suitable price and Yahoo no longer have any reason to refuse it, but Jerry Yang still doesn't accept. He wanted to have extra time. He think this addtional time will help his company to find a partner and force Microsoft to increase the price again. His undecided impetus made Mr. Steve Ballmer headache many times. Microsoft was sometimes very confident that buying Yahoo is a easy thing, but sometimes they felt tried.
My Opinion : I think Jerry Yang is a wise and smart CEO. He must think over anything before make any decision, but he'd better not accept that big deal. I don't know what happen if Yahoo and Microsoft become 1. Now everything I'm using in Yahoo is free. If Microsoft can buy Yahoo, maybe I and others customers will pay for using Yahoo. Otherwise, I want Yahoo be bigger and have a good situation to upgrade anything, such as : 360 blog, Yahoo Photo, Flickr...Anyway, whether Jerry Yang accept or not--> he did a great job. This face-to-face between Jerry Yang and Steve Ballmer is to be continued. Let's see what happens next?
Some new words:
-antitrust (a):
opposing or intended to restrain trusts, monopolies, or other large combinations of business and capital, esp. with a view to maintaining and promoting competition.
- bid (v) : to command; order; direct.
-malaise(n) : a condition of general bodily weakness or discomfort, often marking the onset of a disease.

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