There are a few reports out today including one from Bloomberg that AOL and Yahoo, two struggling companies are in merger talks.
Chief Executive Officer Tim Armstrong of AOL is “talking with advisers to Yahoo! Inc. to gauge its interest in combining the companies after the ouster of CEO Carol Bartz”
According to the story Armstrong was interested in a merger with Yahoo last year but Carol Bartz was not interested.
Now that she is out as CEO of Yahoo, AOL is resuming talks with Yahoo.
AOL? What’s that?
no, Yahoo and AOL can’t reach enough “critical mass” to compete with Google, only Yahoo and Bing can (maybe)
“AOL and Yahoo, two struggling companies are in merger talks.”
And the new company will be called: YAHOOL
Hey, I should go register that. 🙂
AOL doesn’t want to sink the ship alone. They want to take Yahoo with them down as well.
Both sinking ships in one pile of BS and will sink faster.
AOL always buy losers.
AOL-always on Losing…
That’s an awesome idea! Armstrong as the cunning CEO of YAhOL; Arianna in charge of their new OMG News site, covering celebrity politics; and Arrington could do a combo finance\tech page where he promotes start-ups he’s invested in. Then YAhOL could buy them up and let them rot like those other ventures they eventually shuttered after paying millions. Tim’s getting that down right now. It’s a win-win for the loser-loser team!
but AOL has already registered yaol.com … in 1998 🙂
AOLhoo
Pronounced AOL who as in AOL who cares? 🙂
How to make millions online… start with billions.
What a shame.
I saw this play out with Palm. I bought a Palm VII, the wireless Palm when it came out in like 2000. Palm could do no wrong for many years then they got off track, got bought by HP I think then dissolved.
I always find it interesting how smart people and management can do such stupid things.
@Rob: lol.
Actually I think Palm were lightyears ahead of the competition, the technology hadn’t developed fast enough for them. Could have been a pre-cursor for the iphone in the right hands
Not to get off topic but it WAS a precursor to the iphone. I
Remember the term PDA? Yesterday’s PDA is today’s tablet but there was no 3G or wifi.
I bought a couple Handspring handhelds. Anybody remember those? GREAT stuff. That was the first mobile but somehow Palm blew it big time too.
Palm, like Yahoo, just because you are the leader doesn’t mean you will be the best.
Remember Excite.com. Remember TheGlobe.com?
Yahoo is using yahoo search to search for their new CEO.
2 stocks i would never touch anyway
both history
both companies are the masters of wasting money and opportunities
yahoo is a joke how long it takes to index sites even when using their webmaster tools. that REALLY annoys me. compared to google
“Yahoo is using yahoo search”
the Yahoo SE no longer exists, since, now, it’s “powered by Bing”
These companies are jokes.
First the purge; then the urge to merge.
Everything considered; and assuming little or no cash changes hands between them; what have they got to lose?