The big news today is that Microsoft has walked away once and for all from the “Microhoo” deal.
I for one am extremely happy about this. Yahoo is a has-been company that is going nowhere, fast. They haven’t been relevant at anything since they started buying up Web 2.0 companies and doing nothing with them. Flickr is the only decent thing left over there. Let the company burn out like many others have. There was no need for Microsoft to burn so much money to add dead weight to the ship. There are many smaller, more innovative companies out there, like Xobni, who would be a much better fit.
I’m glad the charade is over.