|Google Merger Ups Pressure On Yahoo To Strike Deal|
| 2:53 pm on Oct 11, 2006 (gmt 0)|
Yahoo is under pressure to clinch a deal to acquire Facebook.com, the No. 2 U.S. social networking site, to recapture momentum from Google after that company struck a deal to buy YouTube, analysts said Tuesday.
Google's deal to buy video entertainment site YouTube, announced on Monday, has raised the bar for other major Internet players to strike quickly as confidence in the sector grows and valuations rise, industry insiders said.
A Yahoo acquisition of Facebook, the dominant hangout for college-age students, could approach $1 billion, these people say. Industry sources have previously said the pair have held talks although it is unsure what stage these are currently at.
Google Merger Ups Pressure On Yahoo To Strike Deal [usatoday.com]
| 2:56 pm on Oct 11, 2006 (gmt 0)|
$1 Billion is 3% of YHOO market cap, quite a lot considering it has slid 6.5% since the YSM disaster started at the weekend.
Maybe they are getting cold feet, if they can't fix problems with their flagship product how will they integrate Facebook?
| 4:12 pm on Oct 11, 2006 (gmt 0)|
For me its a bit difficult to see ANY website no matter how popular being worth 1Billion plus. Sites come and sites go, communities grow fickle or grow up. I can easily see that one year from today, the thrill of the Youtube's and Google video's, generating perhaps 25% of todays traffic.
And lets look at Microsoft for a moment, with Soapbox they have (well not quite yet) entered the market, on a budget. They already have some content thanks to MSNBC etc.. so they can take the billion and, oh no, spend it on marketing and/or aquiring more content. They have done an pretty fair job IMHO with the technology, but the option to download a clip/video is sadly missing.
I have used Youtube as well as Google Video, and downloaded many a webcast from Google Video, but how long will the content remain free? What about higher resolution? What about monthly sitcoms? What about a news network from the people by the people for the people? There is room for growth, but if the wrong people get involved (record companies, telcos etc), and by that I mean primarily lawsuits, then free, well free will probably die a slow death along with the sites popularity.
| 4:23 pm on Oct 11, 2006 (gmt 0)|
yey...Y! to spend more $$ just to say "me too." They had a great opp. to expand with delicio, flickr etc.
| 4:32 pm on Oct 11, 2006 (gmt 0)|
Can anyone mention something that Google and Yahoo! both do, that they think Yahoo! really does a better job of?
| 4:36 pm on Oct 11, 2006 (gmt 0)|
| 5:33 pm on Oct 11, 2006 (gmt 0)|
Let's home Y! is smart enough NOT to jump on that me too bandwagon.
| 5:57 pm on Oct 11, 2006 (gmt 0)|
Yahoo consistently disappointed me as a customer.
If they buy Facebook, they'll probably make it less desirable. If they don't buy it, someone else will buy it, probably make it better and beat Yahoo over the head with the success. If I was Yahoo, I would just buy it and ruin it as planned, the lesser of two evils.
| 7:02 pm on Oct 11, 2006 (gmt 0)|
I smell another Internet bubble .......