Last week I wrote Yahoo! Going Nowhere, “So far, I have seen absolutely NOTHING from Carol Bartz on a compelling strategy.”
After positive quarterly results from IBM and Apple, it looked as though we could see the beginning of a tech stock recovery. But yesterday’s report from Microsoft (NASDAQ:MSFT) cast a shadow on those hopes. The truth, however, is that Microsoft is making a grand display of bad products and bad strategy.
The recession took its toll on Microsoft this quarter. For the first time in the software giant’s 23-year history as a public company, revenues declined year on year.
SAP released their second quarter earnings last Tuesday. The company’s revenue surged 18%, beating Wall Street expectations and causing the stock to close up nearly 10%. Since the results were released, the stock has been trading in the same price band, which is near its seven-month high. The stock closed at $57.86 yesterday, just two
Powerset concentrates on natural language processing (NLP) to search the web, meaning that the search engine uses whole phrases rather than just keywords, making it easier to get the results required. The site currently uses natural language queries to search Wikipedia. Powerset’s real strength is the way it indexes web pages: pages are analyzed according
Mint is a smart, easy-to-use online money management tool. The service is free, setting up an account is simple, and the site requires little user involvement while offering several advantages.
With the Microsoft-Yahoo! drama fresh on everyone’s mind, Mike Fister and the Cadence board have finally done something that shows a bit of boldness, some imagination, and possibly some courage. Cadence has made a hostile takeover bid for Mentor Graphics.
The WSJ is reporting that Microsoft no longer wants to acquire Yahoo!. Shares of Yahoo lost 10%, or $2.63, to $23.52 as of 4 p.m Eastern. It will go down much further. Jerry Yang will be fired soon. The executive exodus will march on, and Kara Swisher is making a career out of reporting on