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.
But what’s really weird here is how much Yahoo now relies on Facebook for integration points and traffic. Is new CEO Scott Thompson insane, or just a huge ass? Or both? Hard to tell right now.
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.