Congrats on the new job, Carol! But now, you get to report that your new company has posted a decline in its core advertising business for the first time in its history.
On the same day that Yahoo is firing a couple thousand people, entrepreneur John Buckman is offering up a how-to guide for building your own business. This won’t help former Yahoos who don’t have a nest egg, health insurance, and/or the drive or inclination to do their own thing. But it’s free advice, and it’s relatively sound advice for those who do want to strike out on their own.
On Wednesday, Yahoo CEO Jerry Yang suggested that “the best thing for Microsoft to do is to buy Yahoo.” That’s not going to happen, says Microsoft CEO Steve Ballmer, speaking at a conference in Sydney. But Ballmer does leave the door open for a search deal.
Peter Kafka has been covering media and technology since 1997, when he joined the staff of Forbes magazine. Most recently, he has been the managing editor of the tech and media Web site, Silicon Alley Insider.
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
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