Microsoft Corp. today announced that it has made a proposal to the Yahoo!
Inc. Board of Directors to acquire all the outstanding shares of Yahoo!
common stock for per share consideration of $31 representing a total equity
value of approximately $44.6 billion. SYS-CON.com here brings you the full
text of the letter that Microsoft sent to Yahoo!'s Board of Directors:
January 31, 2008
Board of Directors
701 First Avenue
Sunnyvale, CA 94089
Attention: Roy Bostock, Chairman
Attention: Jerry Yang, Chief Executive Officer
Dear Members of the Board:
I am writing on behalf of the Board of Directors of Microsoft to make a
proposal for a business combination of Microsoft and Yahoo!. Under our
proposal, Microsoft would acquire all of the outstanding shares of Yahoo!
common stock for per share consideration of $31 based on Microsoft's closing
share price on January 31, 20... (more)
John C. Stame's "Precipio" Blog
We are seeing more being written about Cloud computing and cloud platforms
today, and there is strong validation that the future of computing will
include significant innovation and value in web/cloud platforms.
Microsoft’s Cloud strategy is materializing, and as part of our overall
Software plus Services strategy, our Cloud Platform vision is coming
Back in December 2007, I wrote a post on Cloud Services that was prompted
after I read an article in Business Week on another companies ambitions and
“wisdom” in the clouds. Today, we are seeing more being written about
Cloud computing and cloud platforms, and there is strong validation that the
future of computing will include significant innovation and value in
A leading industry analyst firm has listed Cloud Computing as one of the
“Top 10 Disruptive T... (more)
Like it did when it took Microsoft to court, the Justice Department has hired
a top litigator from the outside for a possible antitrust suit against
Google, according to the Wall Street Journal.
The government is supposedly still accessing its case.
If it does decide to move, the paper says it is unclear whether the DOJ would
simply try to derail the revenue-sharing Google-Yahoo deal - because together
Google and Yahoo represent 80% of online search advertising in the US - or
whether it has other issues with Google's ever-increasing power in online
The government has been deposing witnesses and subpoenaing documents at least
since it started a formal investigation of the deal a couple of months ago.
The guy the agency hired is former Disney vice-chairman Sandy Litvack, who
was antitrust chief during the Carter administration. The Journal says he
Social Media on Ulitzer
I use all of these social media tools and although they haven't put me on my
own island in the Caribbean yet, I'm very pleased with the combined results.
1. Twitter – It’s the fastest way to share that you have created
something of value. As a bonus, Tweetdeck or CoTweet are good ways to manage
your Twitter efforts and research. Huge audience with lots of active
participants. There are a few shady characters on Twitter but just like being
at Grand Central Station, you just step aside and keep moving. It doesn't
mean you eschew the benefit. Micro-blogging is probably here to stay so it's
a good idea to get up on good habits regardless of what future tools look
2. Linked In – It’s the professional network standard where people will
find you. A terrific way to maintain knowledge of what former colleagues are
doing now. You can also join gr... (more)
Personal Branding Journal launched today on Ulitzer.
The latest Ulitzer topic is created by Wiliam Arruda and edited by Dr. Hubert
Dubbed 'The Personal Branding Guru’ by Entrepreneur magazine, William
Arruda is a pioneering brand strategist, speaker, author and founder of Reach
Personal Branding. He is credited with turning the concept of personal
branding into a global industry.
William delivers keynotes and workshops on the transformative power of
personal branding for some of the world’s most successful companies. He
energizes and motivates his audiences—and his private clients include some
of the world’s most influential leaders. As a thought-leader, William is a
sought-after spokesperson on personal branding, social media and leadership.
He has appeared on BBC TV, the Discovery Channel and Fox News Live and he’s
been featured in count... (more)
I'm In Langley, WA this coming Saturday September 19th to speak about the
media play for cloud computing at New Media 2012. I like the agenda and set
up. Each speaker gets five min to make their case. Then comes a panel
discussion. The line-up includes people from the telecom world, gaming,
visual media and journalism. Here's the speaker list:
Tom Kennedy, Former Director, Multimedia, WashingtonPost.com
Brent Friedman, Partner, Electric Farm Entertainment
John du Pre Gauntt, Author, Consultant, Technologist
Joe Pulizzi, Junta 42; Author, Get Content, Get Customer
Alexis Gerard, Founder, Future Image Report
Robert Gilman, Founder, Context Institute
Russell Sparkman, Founder, Fusionspark Media
Marcia Hofmann, Staff Attorney, Electronic Frontier Foundation
George Henny, Co-CEO, Whidbey Telecom and Fibercloud
Joseph M. Tringali, Co-Founder, General Manager 5TH Cell Media
There's al... (more)
According to SMobile Systems, the launch of Google Phone platform will be
among the most positive transformational moments in mobile communications
history by further merging computers with mobile devices. But while millions
of people will now be able to "compute on the run," those same consumers will
be a high-value target for hackers, spammers and others intent on hacking the
In response to the news surrounding the potential launch of the Google Phone
operating platform, SMobile Systems (http://www.smobilesystems.com), the
leading developer of mobile security solutions, announced today that it is
already developing a series of security solutions for devices coming to
market using the Google platform. SMobile's suite of security products, known
as SecurityShield(TM) has already been engineered to work on a mobile Linux
platform, the chosen operating sys... (more)
Microsoft this morning made a $44.6 billion hostile bid for the floundering
Yahoo, striking at a point when it has become evident to all and sundry that
Yahoo doesn’t have a pray of turning things around on its own let alone
Yahoo’s first official reaction was basically to say it’ll think
about it. It said it would evaluate the offer “carefully and promptly
in the context of Yahoo’s strategic plans.” It did not give a
timeframe for a response.
Although it looks pretty boxed in, it could of course try for more money.
Microsoft’s move throws open the door to rival bids, but Microsoft
thinks Google’s hands are tied. Its market share would raise
insuperable antitrust issues, Microsoft said, to a counter-offer.
Yahoo is the most visited site on the Internet, though it has failed to
monetize its popularity a... (more)
"One of the most important (if not the most important) news for 2008, and we
are just in February," remarked Nelson Cienfuegos of the In Digital Marketing
blog. He and nearly 60,000 others bloggers have been vigorously chewing over
the ins and outs of Microsoft's $44.6BN mega-bid to acquire Yahoo! Inc.
"First it was Microsoft investing in Facebook, now Microsoft is making a bid
to acquire Yahoo for $44.6 Billion in order to create a powerful merger that
will help both companies compete against Google. Yahoo! continues to struggle
against Google in the race for online-advertising revenue and Internet-search
Yahoo stock closed at $19.18 at market close on Jan 31st 2008, this offer,
$31 a share in cash and stock, is a 62% premium to yesterdays closing price.
The market has yet opened and Yahoo stock is already at $30+ in premarket
Microsoft issued the following statement in response to the announcement by
Yahoo! that its Board of Directors has rejected Microsoft's previously
announced proposal to acquire Yahoo!: It is unfortunate that Yahoo! has not
embraced our full and fair proposal to combine our companies. Based on
conversations with stakeholders of both companies, we are confident that
moving forward promptly to consummate a transaction is in the best interests
of all parties. We are offering shareholders superior value and the
opportunity to participate in the upside of the combined company. The
combination also offers an increasingly exciting set of solutions for
consumers, publishers and advertisers while becoming better positioned to
compete in the online services market. A Microsoft-Yahoo! combination will
create a more effective company that would provide greater value and service ... (more)
Jian Zhen's Blog
The world of clouds these days is full of definitions and
counter-definitions. There are many posts that try to define the concept of
cloud computing; many that try to distinguish utility computing, grid
computing and cloud computing; many that try to define public vs private
clouds; and many that dismisses the notion of private clouds.
John Foley, in his article “The Rise Of Enterprise-Class Cloud
Computing“, referred to private cloud as an oxymoron,
That’s an oxymoron since cloud computing, by definition, happens outside of
the corporate data center, but it’s the technology that’s important here,
not the semantics.
But by whose definition? The industry as a whole haven’t even been able to
nail down a concrete definition of cloud computing. Given that there’s no
concrete definition, then by definition, private cloud is not an oxymoron.
But I do ag... (more)