Scoble:

Yahoo is a bleeding animal. Left lying, gasping for its breath, after a larger animal (Microsoft) struck and then walked away after it proved too difficult to eat.

Reality:

Yahoo's revenues were $1.82 billion for the first quarter of 2008, a nine percent increase compared to $1.672 billion for the same period of 2007. Marketing-services revenues were $1.572 billion for the first quarter of 2008, a seven percent increase over the year-ago period. Gross profit for the first quarter of 2008 was $1.063 million, an 11 percent increase over the first quarter of 2007.

Not great, but black is better than red. For all the verbiage, this is good news. Neither company has to go through the raw chaos that a merger would have brought.

Mathew Ingram thinks Yahoo should have taken the deal:

In my view, Yahoo CEO Jerry Yang has gone way beyond fiduciary duty and has been effectively blocking this deal in any way possible. I expect to see the stock tank, and deservedly so. If I were a shareholder, I would be calling for Yang’s head. This deal was by far the best opportunity the company had to achieve some value.

Depends. It would have been a nice deal for the large shareholders, I suppose. For the company and its products? Not so much.

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