Bad week for Yahoo
Like a sad TV drama, Yahoo continually ends up getting hurt by the now 10-month-long love triangle that's entangled three of the Web's biggest names. First, Microsoft flirted with Yahoo, offering to buy it up for $33 a share. Yahoo walked away and into the arms of Google, who proposed an advertising deal with the struggling yet still popular web portal. But when the US Justice Department started asking questions about the relationship, Google split. Now alone and with its stock price slumping to $13, Yahoo's chief says it's interested in getting back together with Microsoft.
"To this day, the best thing for Microsoft to do is buy Yahoo," CEO Jerry Yang said on stage at a conference this week. "I don't think that is a bad idea at all, at the right price – whatever that price is. We're willing to sell the company."
Mr. Yang's talk got pretty cold reviews and added to the unease from stockholders and analysts about the company's direction.