Yahoo and AOL: Desperation squared
The Times is reporting that Yahoo wants to restart merger talks with AOL as a way of avoiding the clutches of Microsoft, a move that — if true — is roughly equivalent to screaming “we’re totally desperate” from the rooftops of Yahoo headquarters. In this case, of course, it’s difficult to know who is the more desperate of the two, Yahoo or AOL. Neither has what amounts to a viable strategy, and neither has managed to capitalize on any of their vaunted media assets, despite years of trying...
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