Turkey flights

This morning’s Observer column

It’s the metaphors and similes that get me. It’s a shotgun marriage, declared one commentator, ‘with Google holding the gun’. Putting Microsoft and Yahoo together, said another, was like trying to produce an eagle from an alliance of two turkeys.

This is unfair. Microsoft isn’t a turkey, but a profitable, boring mastodon that entertains fantasies about being able to fly. Yahoo, for its part, is an ageing hippy who invented hang- gliding but aspired to fly 747s and then discovered that he wasn’t very good at it. The mastodon hopes that by employing the hippy it will learn to hang-glide. The hippy’s feelings about the whole deal are plain for all to see…

Update: The NYT (and lots of other sources) claim that the Yahoo board has decided to reject the Microsoft bid, on the grounds that it undervalues the company. Ho!

If this is true then what’s likely to happen is that (a) some big Yahoo shareholders will revolt and (b) Microsoft will wage a proxy war with the aim of eplacing the Yahoo board at the next AGM. This one will run and, er, ruin.