Maybe you should start reading the tax code. None of these companies are stealing anything the US tax code allows them to do exactly what they are doing.
Looks like the market likes Yahoo's move to buy TUMBLR. Already topped average volume for the day and the stock is up over $27.
They have plenty of cash, stock and borrowing capacity to make a very large deal. I think they will continue to make several small deals to add intellectual property (people) to the organization.
Would be a smart move to have an honest public distraction to hold a meeting on another topic.
During the awards tonight they mentioned TUMBLR and live blogs taking place now.
Here's part of the story from Motley Fool.
Rumors are starting to surface that Yahoo! (NASDAQ: YHOO) will be acquiring Hulu. Yahoo! needs to make a successful entrance into the video streaming market with Hulu being its best bet at competing with either YouTube or Netflix (NASDAQ: NFLX). This should give shareholders added reason to stay the course with the company.
Hulu's valuation estimate
According to Washington Post, Hulu’s revenue last year jumped more than 65% to $695 million, driven by advertising and subscriptions, the company said on its blog. The service has more than 4 million paying subscribers and served commercials from more than 1,000 advertisers in 2012, a 28% increase from a year earlier.
The industry average price to sales ratio for internet content and information companies is 4.06 (I averaged every price to sales ratio in the internet content and information industry).
Assuming the sales figures of $695 million are accurate, the stock would have to be bought at 4.06 times that value which implies that the company is worth $2.8 billion based on my fair value estimate. Again, I could only use the Price to Sales ratio as that is the only quantitative data on the company’s operations I have available to me.
Yahoo! has a lot of capital on its balance sheet. In fact, Yahoo! has around $4.1 billion in cash and short-term investments. The company’s large cash pile means it can afford a potential buyout of Hulu
Yahoo CFO says 'would go beyond' existing share repurchase authorization
Comment made at the JP Morgan Global Technology, Media and Telecom Conference.
Maybe that's why Apple is down again today. The insiders think you are right and don't like the idea so they are selling down Apple.