Yahoo! (YHOO) has become a "rumor an hour" company. Over the weekend, the Times of London said the portal had a deal with Microsoft (MSFT) for its search business. As part of that arrangement former AOL CEO would be brought in as the new chief.
AllThingsDigital wrote that the Times piece was junk.
Several times a day there are bits of news about who will replace Jerry Yang as Yahoo! CEO and whether Time Warner (TWX) will hand AOL over to Yahoo! in exchange for a piece of the new company.
The latest news, this from The Wall Street Journal, is that Jonathan Miller, ex-AOL commander in chief is raising capital to buy all or part of Yahoo!.
Douglas A. McIntyre