Yahoo Committed Seppuku Today

The once proud warrior of the internet space laid down its sword, knelt at the feet of Microsoft (MSFT) and gutted itself today. There was no honor in this death, it was one brought by the shame of losing to Google (GOOG) and a lack of faith in one’s ability to compete in the space they created. To be clear, Yahoo (YHOO) didn’t need to do this deal, Microsoft did. Ultimately Yahoo will look back at this moment as the second–-and perhaps fatal-–mistake in their epic history.

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