Skip to main content

Future of Yahoo! Finance

Ever since Microsoft's $44 billion bid for Yahoo! was announced last Friday, I can't help wondering (along with the rest of the blogosphere) what will happen to Yahoo's highly prized web properties, particularly Yahoo! Finance.

Will a MSFT/YHOO merger kill Yahoo! Finance as we know it? In spite of our recent tirades against changes to the Finance portal, it still remains one of the most widely used investment sites on the web. If you're a fan of the site, you have to wonder about any further changes that may come about through a union with "big Red(mond)".

Now Microsoft is no stranger to the personal finance and investment game. Their MSN Money portal has long been a popular destination for investors, and the MSN stock screener deluxe tool is one of my personal favorites. Plus, if memory serves, MSN Money was further ahead in the adoption of interactive stock charts.

But these points are likely to provide little comfort to long-time users of Yahoo Finance, who may be hesitant to use Microsoft services. Some users may just want to know if their watch lists and other commonly used features will remain the same.

One thing is sure, most observers that I've read seem to think that this proposed deal is a likely wreck, for both the companies and the users of popular Yahoo services. Here's how one commenter at the Big Picture blog put it:

"Finally, the word I've gotten from every techie I've talked to is that the proposed MS/Yahoo merger is a train wreak. Personally, I think it's as good an idea as Mercedes buying Chrysler. It will destroy Yahoo, and do very little for MSN, of that I have little doubt.

Yahoo is programmed on a COMPLETELY different platform, and forcing a change (and MS will force) will send the vast majority of Yahoo programmers, in my opinion, elsewhere - voluntarily or involuntarily. To quote some of my friends, I don't see how two mediocre products add up to a good product. I fear Yahoo Finance will suffer."

I guess it's too early to tell what will happen now. Especially since Google is said to have entered the picture in a proposed alternate alliance with Yahoo.

We'll try to keep tabs on the situation, and hopefully some of our more tech-savvy readers will help keep us informed. In the meantime, here's a further sampling of views on the proposed Yahoo-Microsoft deal.

"Microsoft-Yahoo could skip culture clash" - BusinessWeek.

"Privacy groups vow to fight Microsoft Yahoo deal" - ITworld.com.

"Yahoo may consider Google alliance, source says" - Reuters.

"Comparing Yahoo's and Microsoft's services" - Center Networks.

"And then there were two..." - Erik Selberg.

Popular posts from this blog

Lessons from Hedge Fund Market Wizards: Scott Ramsey

Today we continue our series, "Lessons from Hedge Fund Market Wizards" , with a look at Jack Schwager's interview with Scott Ramsey of Denali Asset Management.  Ramsey, a futures trader and CTA who works on the island of St. Croix, spoke to Schwager about his first foray into the markets, his evolution as a trader, and the process he stands by to protect and grow his clients' money. 1) . Ramsey started trading in college. He was roped into the OTC metals market via a broker's ad in the Wall St. Journal. The broker charged customers a flat fee to buy and sell as much as they wanted in a particular market for six month. At the time, Scott was a novice and didn't know about futures, so he traded metals in this fashion through the inflationary run-up of the late 1970s. 2) . Scott had to rethink his trading strategy after he bought silver at $50 an oz., only to watch it collapse to $26 following a long string of limit-down days. He sold as soon as the market...

How to "Pull the Trigger" on Your Trading Ideas

In our last post, I quoted hedge fund manager, Jim Leitner on the importance of following up on your investment ideas.  Today I'd like to follow up and share some thoughts on how you can learn to consistently "pull the trigger" on your best trading setups and investing ideas. In order to help you do that, we'll take from the best and offer up key insights from interviews with top traders and trading psychologists like Alan Farley, Brett Steenbarger, and Doug Hirschhorn .  Now before we get to their key insights on overcoming trading anxiety and pulling the trigger on your trading ideas, let's remember what Jim Leitner said in his interview: "Learn to love to listen to people and when you hear something interesting, follow up on it. Don't just think, "Well that's an interesting idea" only to find out a year later that the company you could've bought shares in is now up 500-fold. You never want to say woulda, coulda, shoulda...

Moneyball: How the Red Sox Win Championships

Welcome, readers . T o get the first look at brand new posts (like the following piece) and to receive our exclusive email list updates, please subscribe to the Finance Trends Newsletter .   The Boston Red Sox won their fourth World Series title of t he 21st century this we ek. Having won their first Se ries in 86 years back in 200 4, the last decade-plus has marked a very strong return to form for one of baseball's oldest big league clubs. So how did they do it? Quick background: in late 2002, team own er and hedge fund manager, John W. Henry (with his partners ) bought the Boston Red Sox and its historic Fenway Park for a reported sum of $ 695 million. Henry and Co. quickly set out to find their ideal General Manager (GM) to help turn around their newly acquired, ailing ship. This brings us to one of my fav orite scenes from the 2011 film , Moneyball , in which John W. Henry (played by Ar liss Howard) attempts to woo Oakland A's GM Billy Beane (Brad Pi...