Duke: I also think Google is taking the threat of a Microsoft-Yahoo merger very seriously. The ruckus they are kicking up would certainly seem to indicate that’s the case. If it happens, I have to imagine Google will be hoarding cash like crazy, in advance of the oncoming onslaught.

Google is starting to feel pressure as their business model is coming into question, and a recent downgrade of their stock (based on those questions) can’t have helped.

Funny how quickly the New New Thing becomes passe up in that neck of the woods.