Somehow, this reminded me that I hadn't caught up on Cringely who goes into Google's pending takeover of the net.
OK, that reminded me that Google and Apple are getting closer Story Here
"Speaking at a technology conference in San Francisco, Google (Nasdaq: GOOG)
CEO Eric Schmidt confirmed that his company is collaborating with Apple (Nasdaq: AAPL) on several more projects. His comments were in response to a question about rumors that the companies are codeveloping a tablet-style computer, according to MarketWatch.
Schmidt neither confirmed or denied that an Apple/Google tablet computer is in the works.
He did, however, state that the two companies are "doing more and more things together. We have similar goals, similar competitors."
Google's search and map functions will be included in Apple's new iPhone -- a combination iPod and smartphone -- that will be released in June.
Neither company has commented on whether or not those functions will work the same as they do on other smartphones, or if there will be additional or enhanced features."
Back to Google, and really to Yahoo ... WSJournal did a piece that AT&T doesn't need Yahoo anymore
Summary:
• The Situation: Changing economics could prompt revisions in pact between AT&T and Yahoo.
• What's at Stake: How revenue from Internet subscriptions and ads are shared.
• What's Next: Yahoo may have to sweeten its deal with AT&T, up for renewal in April 2008.
Cringely : "...Google's dominance of search and advertising is so profound that most competitors -- especially Yahoo -- would probably be better off NOT even attempting to compete and simply let Google handle search and advertising while Yahoo provides content."
Yup
And here's bit about CEO compensation:
WSJournal:
"Terry Semel, the chief executive of Yahoo Inc., got options to purchase $25.7 million of the company's stock in 2006, representing 80% of the maximum he was eligible to receive even as the firm's share price fell by more than a third during the year.
Yahoo struggled in the year as it failed to keep up with rival Google Inc. in the race for advertising dollars and lost its No. 1 ranking as the most popular Internet site to News Corp.'s MySpace. The year culminated in a restructuring that saw the departures of Chief Operating Officer Dan Rosensweig and Lloyd Braun, who headed the media group.
Yahoo's compensation committee awarded Mr. Semel a bonus of 800,000 fully vested options out of a maximum allocation of one million in 2006, according to a filing with the Securities and Exchange Commission. The options had an exercise price of $32.12 a share.
Mr. Semel's basic salary for the year was just $1 under a three-year deal announced in May, mirroring similar executive-pay deals at other technology companies, including Apple Inc. and Google.
The payout, however, was less than half the compensation Mr. Semel received in 2005, when Yahoo shares were trading higher. His 2005 bonus comprised about 1.3 million shares at an exercise price of $40.68, coming to a value of about $52.9 million. That bonus came on top of a basic salary of $600,000."
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