Wednesday, January 28, 2009

Yahoo Should Buy the New York Times? Puh-lease

"As everyone waits to find out how new Yahoo CEO Carol Bartz plans to resuscitate the struggling Internet giant, in the meantime, the stress of watching Yahoo bungle one thing after another — such as coming within inches of a merger with Microsoft, only to blow the deal at the 11th hour — seems to have taken its toll on some otherwise perceptive stock analysts. Take Gene Munster from Piper Jaffray, for example. As described by Barron’s blogger Eric Savitz, Munster recently wrote yet another “open letter” to Bartz (man, she must be getting sick of those) in which he suggested that Yahoo buy the New York Times. And maybe Gawker Media as well. Oh yes, and Twitter too. And maybe FriendFeed."

GigaOm

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