Can two massive corporate wrongs make a right, or simply a titanically wronger wrong? There were reports this weekend that AOL’s CEO Tim Armstrong is in talks with advisers to Yahoo over a possible merger of the two companies, triggered by the sacking last week of Yahoo CEO Carol Bartz. The proposed deal would be for Yahoo to buy AOL and then install Armstrong as boss of the combined company, reports Bloomberg. Subsequent reports have poured cold water on the suggestion that Yahoo would be interested in such a deal, however. It’s hard to see many positives from such a move: both AOL and Yahoo have faced challenges adapting to competition from bigger beasts like Google and Apple, as well as smaller, nimbler content startups like Netflix, Spotify and so on. A merger that would take easily a year for the dust to settle from seems like a challenging way to fight back. Source: Bloomberg
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Tools: Kaiber
In the year or so since its launch, AI startup Kaiber has been making waves,…