We're thankful the Dow closed over 8,000 this week -- just barely. Even Yahoo (YHOO) is well below $10, with the resignation of Jerry Yang failing to help YHOO buck everything going south. Of course, there's a good argument to be made that at least some stocks like Apple (AAPL) are ridiculously cheap right now.
So what else is going on? Things you may have missed:
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- So in a collapsing market, who's well positioned? Microsoft (MSFT), who's sitting on a mountain of cash while everyone else scrambles. The company poached Yahoo (YHOO) search honcho Sean Suchter.
- We got a a giggle from this: Google (GOOG) advertised its maps now feature subway directions. One problem: the subway directions are completely wrong.
- Sirius XM hit 14 cents? Doesn't mean it's cheap -- it can certainly go to zero.
- PC Magazine, once 600 pages thick and full of ads, is going out of print.
- The new World of Warcraft came out, and it's as big as everyone thought: the queues to play were running two hours long.
- Not as popular as WoW: Google's Lively, headed for the grave.
On February 28, Axel Springer, Business Insider's parent company, joined 31 other media groups and filed a $2.3 billion suit against Google in Dutch court, alleging losses suffered due to the company's advertising practices.
