Yes, Jonathan did. The then CEO of Sun Microsystem posted his resignation note in a Haiku poem style on his twitter account today. On Jonathan Schwartz’s Twitter page, it reads
Today’s my last day at Sun. I’ll miss it. Seems only fitting to end on a #haiku. Financial crisis/Stalled too many customers/CEO no more
It is not a surprise to me. Jonathan is the person always out spoken. He set up his personal blog as one of first CEOs did that.
As oracle bought SUN, it is not unusual see he departed. Nothing to add, just say GOOD Bye, and keep your good personality in the future executive life.
It is very interesting that there are a lot of talks about Google leaving China on the Internet now (A New Approach to China). More interesting since I just came back from China and expressed my totally dis-satisfied about the Chinese Great FireWall and Internet censorship. But I really do not think Google decided to withdraw because of my complaint LOL, not the recent cyber-attacks either. My thinking is that Google’s behavior is purely political and business oriented strategy.
As a big entity appears in Internet Cyber world, it is a very usual thing to have cyber attacks. I can say the so-called sophisticated cyber attacks to Goolge’s infrastructure (GMail, etc.) is not the first one, and not be the last one either. Then why Google screams now? why now?! It was just “enough is enough” as it indicated, or something else?
I guess you guys already know from today’s Tech News about the official search partner between Microsoft and Yahoo. I did not want to talk more about it since it was only a inked agreement between Microsoft and Yahoo, and will not start till 2012(?) if the competitor (Of course, Google) won’t against through the regulators. And what kind of happiness it would bring to us? After all, it was to combine two declining search engines together which might lead to more search engine market decline. Think about it, Yahoo search is in the distance second place compared to Google in the search engine market. And now if they use Bing to replace Yahoo search, it is hard to see these Yahoo users will buy it. Even they are on Yahoo portal sites, but Google tool bar is everywhere anyway.
And anyhow, since I traced Mico-hoo events before, let me continue this topic one more time. There are some key components on the Microsoft and Yahoo deal:
- The deal is for 10 years.
- Microsoft will license Yahoo’s core search technologies for 10 years;
- Bing is the “exclusive algorithmic search and paid search platform for Yahoo sites’.
- Yahoo is the worldwide sales force for both companies. Self-serve and search advertising will be built on Microsoft’s AdCenter platform.
- Yahoo will own the user experience on its properties.
- Microsoft will pay traffic acquisition costs to Yahoo at a rate of 88 percent of search revenue on Yahoo sites for the first five years. Yahoo will continue its search affiliate partnerships. On a conference call, Ballmer said: ”We paid a high TAC rate. There’s no question. He added that the upside comes as Microsoft improves relevance due to more scale. “Our upside comes as execution really builds,” he said.
- “Some Yahoo engineers may move to Microsoft,” said Ballmer.
- Microsoft guarantees Yahoo’s owned and operated revenue per search in each country for 18 months;
- After 5 years, Microsoft can retake premium ad sales back from Yahoo.
- The implementation will occur within 2 years after regulatory approval.
Now let us sit back and watch what Google will re-act in the next few months.
As I promised in my another post Hack the Wi-Fi network of Atlanta Airport is the old news I will keep you posted if I have some news about free wi-fi services in Hartsfield-Jackson Atlanta International Airport.
Now here is the news, but actually it is not a good news. According to officials from ATL airport, they will postpone the free wi-fi offering till next year (2010). But, hi at least they are thinking about it (free Wi-Fi) now. Stay tuned.
The news excerpt is attached below. Continue reading
Yesterday (7/28/2008) all media were talking about a new launched search engine called CUIL (pronounce cool). Does it really become a threat to Google or other search engine? I say no, at least not now. The conclusion was based on my own tests and comparisons. What is Cuil anyway? Cuil was founded by a former Google employee named Anna Patterson along a few other former Google engineers. Instead searching keywords in web pages like Google is doing, Cuil is trying to analyze the contents of all web pages and give the search results. The following is what it says about itself.
Cuil (pronounced COOL) is a search engine that combines the largest Web index with content-based relevance methods, organized results, and complete user privacy. The company’s next generation approach to search is the result of proprietary breakthroughs in search architecture and ranking algorithms. Cuil’s employees have extensive experience in search, having worked at Google, IBM, eBay, AltaVista, Stanford University, the Internet Archive and other technology companies and research centers. Cuil is located in Menlo Park, California and has received series A funding from Tugboat Ventures and Greylock Partners, and series B funding from Madrone Capital Partners. Cuil derives its name from an old Irish word for knowledge, reflecting the background of co-founder and CEO, Tom Costello, who hails from Drogheda, Ireland. For more information, please visit www.cuil.com.
By Scott Morrison
Of DOW JONES NEWSWIRES
SAN FRANCISCO -(Dow Jones)- Yahoo Inc. (YHOO) is hoping to boost revenue and steal market share from rival Google Inc. (GOOG) with a new plan that opens its search technology to third-party developers who want to build their own search engines.
The initiative lets partners tap into Yahoo’s back-end search technology – the algorithms and infrastructure that power its search engine – as a Web service, but allows them to control the presentation and ranking of the search results. Those partners, in return, would be required to run Yahoo search ads on their pages, with the two sides sharing revenue.
The Sunnyvale, Calif., company announced the program, dubbed Build Your Own Search Service, or BOSS, early Thursday.
Well, from Yahoo’s own finanical portal site http://finance.yahoo.com the headline for today morning is “Yahoo Formally Rejects Microsoft Offer”. And it says:
Monday February 11, 9:58 am ET
Yahoo Formally Rejects Microsoft’s $44.6 Billion Takeover Bid As Inadequate
SAN FRANCISCO (AP) — Yahoo Inc. spurned Microsoft Corp.’s $44.6 billion takeover bid as inadequate Monday without explaining how its management will match the payoff that the slumping Internet icon’s shareholders would have received had the unsolicited offer been accepted.
That is not surprised to me, since I already reported last week the “enemy” of Microsoft, Google will help Yahoo on anyway it can to defeat Microsoft’s hostile take over. Of course, the 10-member board of Yahoo strongly “believes” that it can get more money from the world’s largest software maker since the Redmond needs it badly, or the board thinks Jerry Yang and its management team will finally be able to deliver on its repeated promises of a turnaround that has been in the works for the past 18 months.
According to the news, Microsoft will eventually raise its bid to $35 to $40 per share, sweetening the pot by $5 billion to $12 billion in an effort to negotiate an amicable sale. Or at last, Microsoft could take its original bid directly to Yahoo’s shareholders.
What is the market’s response?
Yahoo shares rose 62 cents, or 2 percent, to $29.82 in early trading Monday while Microsoft shares lost 24 cents to $28.32.
Thing will turn into more interesting in IT area if it has anything do with money.
Good: We still see innovations and competitions going on the Internet.
Bad: No matter from which side you see, we will still see one or two big guys in this search engine game.
Ugly: More finger pointing will come up and Monopoly accuses another Monopoly for the Monopoly.
Now it is Monday, and it is enough with a weekend of news about Microsoft will buy out Yahoo! for 44.6 billion dollars. Let us see what is the plan from Google. Because the whole world knows that the acquisitions is nothing but all about Microsoft trying to beat Google.
According to the blogs from ZDNet, now Google launches its “let’s annoy Microsoft” plan with two strategies: the first to help Yahoo to make Microsoft’s buyout more miserable. and the second one is to work on the regulators.
In a recent statement issued today from Microsoft, Microsoft proposes to buy Yahoo! for nearly 44.6 billion dollars. It is like $31 a share, which is at a 62 percent premium to Yahoo’s closing price of $19.18 yesterday (1/31/2008). And the investors of Yahoo! can elect to accept cash or exchange with Microsoft’s share in the a total half of half ratio. Why should Microsoft do that? Well, it is obvious that this move is to give the software giant more market share and become a significant threat to Google.
The following is what Microsoft says about this acquisition:
Transaction valued at approximately $44.6 billion in cash and stock; provides 62 percent premium to current trading price for Yahoo! shareholders; combined entity to create a more competitive company, providing superior value to shareholders, better choice and innovation for customers and partners
Working full time at Microsoft through June 2008, Gates then will continue as chairman and advisor while increasing Foundation efforts; Ray Ozzie and Craig Mundie to assume expanded roles.
REDMOND, Wash. — June 15, 2006 — Microsoft Corp. today announced that effective July 2008 Bill Gates, chairman, will transition out of a day-to-day role in the company to spend more time on his global health and education work at the Bill & Melinda Gates Foundation. The company announced a two-year transition process to ensure that there is a smooth and orderly transfer of Gates’ daily responsibilities, and said that after July 2008 Gates would continue to serve as the company’s chairman and an advisor on key development projects.