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29 Jul 2009 09:19

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Politics: Arnold’s knife-wielding helped shrink California’s government

  • From the get-go, the governor was very tough in negotiations, and as a result we have a budget that substantially shrinks government. Conservatives have every reason to be overjoyed.
  • Republican Party officer Jon Fleischman • On California Governor Arnold Schwartzenegger’s hard-line approach to cutting California’s huge deficit. Schwartzenegger, a fiscal conservative, scored a huge political victory with the budget cuts. He closed off multiple roads to closing the gap (higher taxes weren’t an option, really) in an effort to make sure the cuts, in the end, meant smaller government. And he brandished a big knife in the process. • source

29 Jul 2009 09:12

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Biz, Tech: The stock market really doesn’t like the MS-Yahoo deal

  • 7% tumble in Yahoo’s stock following the deal’s announcement source

29 Jul 2009 09:07

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Biz, Tech: Microsoft and Yahoo, looking take on Google, find each other

  • It’s official. Yahoo has thrown in the towel. Microsoft and Yahoo have been talking about a search partnership for a while – talks that intensified after merger talks fell through, and now they see eye to eye on a 10-year partnership. MS will bring the Bing-Bing in the form of search, and Yahoo will bring the ching-ching in the form of advertising. The partnership makes them a formidable search competitor to Google’s 800-pound gorilla. source