Wall Street Journal blog All Things Digital has the following update on the search also-rans' progress this morning:
"Unless there is some major glitch, there might finally be a search and online advertising deal struck between Yahoo and Microsoft at long last.
Top executives at Microsoft–including SVP of the Online Audience Business Group Yusuf Mehdi, search head Satya Nadella and top digital exec Qi Lu, as well as others–have all flown down to Silicon Valley from their Redmond, Wash., HQ today to iron out the remaining issues, which seem to have to do with the deployment of technology."
Google growth rate in the quarter reported last night was 4%, so this is hardly a market that is thriving right now. That being said, it does look as though Microsoft has nowhere left to go. The last few months of this story have been quite a yawner.
BofA, Citi ad GE all report this morning. Should be very quiet by noon
Obama was in NJ yesterday. I don't feel any different. Weird.