Hi, I’m Jeff.

Update: CBS, you suck for taking this video down! Except for the few brilliant shows you have.

Well, as you may already now, Yahoo has declined Microsoft’s offer of $44.6 Billion. I think a Yahoo-Microsoft partnership would be both good and bad for many reasons. For one, it would offer a competitor for Google, and second Yahoo’s Publisher and Microsoft’s AdCenter together could create something way better than both of the companies are proposing right now. On Monday, Yahoo’s Board of Directors said that the $44.6 Billion undervalues Yahoo, although their Q4 earnings are down 23 percent and their stock has been going down for some time now. By the end of the day Microsoft sent a message back to Yahoo stating that it was a fair offer and that Yahoo was making a mistake.

Yahoo’s CEO Jerry Yang is said to have reassigned hundreds of employees 4 month ago, to make Yahoo more relevant. Some of the plans are to rethink Yahoo’s homepage, consolidate Yahoo’s social networks, open up Yahoo to third parties (like Facebook), and revamping Yahoo’s network infrastructure.

Microsoft’s statement suggests that, at least for now, the company is not willing to raise its price. Microsoft also indicated anew that it was ready for a fight, repeating earlier statements that it might consider “all necessary steps” to ensure the deal is completed. Game On!