3 more Yahoo execs reportedly jumping ship

Yahoo Inc.'s management ranks are rapidly thinning as the Internet pioneer fends off a shareholder mutiny threatening to culminate in the firing of Chief Executive Jerry Yang.

Three more executives have decided to jump ship, according to reports published Thursday by two blogs - AllThingsD and Techcrunch - and The New York Times. The reports were based on unnamed people with knowledge of the departures.

[From 3 more Yahoo execs reportedly jumping ship]

This is the nice thing about being rich. When things don't go out their way, you can pack up and leave, looking for greener pastures (natural turf?).

The company is about to tank because the CEO did something stupid? No problem, just pick up your golden parachute, your stock options and your Elvis jump suit and off you go.

The common folk of course can't do that. They can't afford principles and a mortgage in Silicon Valley at the same time, so they'll probably stick around at least until some sucker pulls their resume out of Monster.com. The only exception for this is of course Jerry, he has nowhere to go.

Google Goes Wiki

Google has released a new service, the fruit of yet one more acquisition: Google Sites. The idea is simple: a Google-flavored wiki.

I started one tonight, for #asp. In less than 15 minutes I had most of the regulars registered and making revisions. Within the first half hour, we lost count of the number of revisions. So far everyone likes it. It is rudimentary, but sometimes less is actually more.

More suitors for Yahoo tip up - The INQUIRER

JUST when you thought the Yahoo deal could not get more silly, Apple and Rupert Murdoch's News International are apparently thinking of matching Microsoft's bid for the search outfit.

The pair need to match Vole's $44.6 billion bid for Yahoo and for Apple that would mean a lot of iPods and Murdoch would have to sell his favourite watch.

[From More suitors for Yahoo tip up - The INQUIRER]

I told you it was a soap opera! How long before that teenager that runs Facebook decides to jump in with his own bid? At this pace *I* will be the last one to try to buy Yahoo. Hell, at today's stock prices I doubt I could merge this blog with Yahoo in exchange for ONE share of Yahoo stock.

Or maybe it is a tactic to shift attention to the FCC's 700MHZ spectrum auction.

So Microsoft decides to (try to) buy Yahoo ...

And what did Google do? They blogged it.

I guess it's a sign of the times. I just hope that the blog does not turn into the corporate equivalent of what Kofi Annan would call the UN's "strongest warning:"

First of all, I disagree with their characterization of the offer as a hostile bid. I am a bit rusty after my failed attempt at an MBA almost a decade ago, but I do remember that hostile takeovers happen when somebody tries to takeover a company without the cooperation of the board. If the board accepts, it has to go through due diligence, otherwise the bidder has to rely on just public information, which means a hell of a lot more risk.

Basically, the main reason for calling it a hostile bid is because Microsoft did it. Had Google or Apple done it, it would be seen as business as usual.