Google is showing signs of fear in its seemingly desperate attempt to impede Microsoft's acquisition of Yahoo. According to the Wall Street Journal, CEO Eric Schnidt called Yahoo CEO Jerry Yang to offer help. Google probably won't bid for Yahoo due to regulatory concerns, but could play a financial role in others' attempts to outbid Microsoft, or in Yahoo's decision to remain independent, despite the possibility that Google's actions could attract antitrust scrutiny.
However, right now Microsoft is the big bad wolf, at least according to an AP writer Michael Liedtke, via Wired, who referred to Microsoft's bid to use its $42 billion “to gain illegal control over the Internet.”
David Drummond, Google's chief legal officer wrote and posted Google's first public reaction online Sunday. "Microsoft's hostile bid for Yahoo raises troubling questions...This is about more than simply a financial transaction, one company taking over another. It's about preserving the underlying principles of the Internet: openness and innovation.”
Still no word from Yahoo.
At the core of fashion week, Super Tuesday shines brighter than sequined couture. Election politics are grabbing the headlines despite a first-ever female frontrunner, reports The International Herald Tribune. Suzy Menkes writes that the real challenge for American fashion, at a time when an increasing number of women are employed and reaching public office, lies in making modern clothes relevant.
Sam Zell's words spoke louder than his opinions when he used profanity toward Orlando Sentinel photographer Sarah Fajardo who questioned him about softening news coverage during a staff meeting, Gawker gawks. The profanity was the “f” word and the opinion a need for journalists to focus on what readers want to read, in order to generate revenue.
Mad magazine has recruited ten Pulitzer Prize-winning cartoonists for a 2-page spread parodying Bush.
Hearst and Scripps are partnering and gearing up to launch a Food Network magazine.
There may be a light at the end of the writers' strike tunnel.