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Wednesday, April 2, 2008

Non, Je Ne Regrette Rien–Well, Except For That $50 Billion Offer from Microsoft

One of the more oft-repeated legends I am suddenly hearing lately from folks inside and close to Yahoo is of CEO Terry Semel getting and turning down what amounted to a $50 billion offer from Microsoft in early 2006.

The tale has become a bit of an urban legend within the company for some, who point to it as part of the complex web of reasons the Internet portal cannot seem to accept a lesser price now.

While I am not so sure that Yahoo is paralyzed by regret, such pricey possibilities from years past probably does have some weight today.

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About Kara

Kara Swisher started covering digital issues for The Wall Street Journal's San Francisco bureau in 1997 and also wrote the BoomTown column about the sector. With Walt Mossberg, she co-produces and co-hosts D: All Things Digital, a major high-tech and media conference. Read more »

Ethics Statement

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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