Put a fork in Yahoo, they’re now officially done.
As relayed by Michael J. De La Merced of The New York Times:
“Yahoo has a responsibility to its shareholders, employees and other stakeholders to protect its intellectual property,” a Yahoo spokesman said in an e-mailed statement. “We must insist that Facebook either enter into a licensing agreement or we will be compelled to move forward unilaterally to protect our rights.”
“We must insist”. It sounds a lot like one of those foreign leaders in the video game Civilization that is clearly losing and starts to make empty threats.
As a side note, remember five and a half years ago (!) when Yahoo almost bought Facebook for $1 billion? Best move Facebook ever didn’t do.