Monday morning meant back to reality for both Microsoft and Yahoo, after talks between the two sides collapsed over the weekend.
Both companies have maintained they had a strategy independent of the other, but now the two sides will have to prove it. The companies are likely still in dealmaking mode--just not with each other. Yahoo is, a source tells CNET News.com, while Microsoft has indicated that it . AOL could be on Microsoft's short list as well.
Yahoo shares, meanwhile, got their, with many investors still shaking their heads over how Jerry Yang could "just say no."
So, what now?
Well, the decision to end talks is a full employment act for talking heads, including yours truly.
I recorded a video with News.com Editor in chief Dan Farber in which the two of us discuss the matter, while Stephen Shankland and I took up the same topic on Monday's News.com daily podcast. If you want still more, I'll be on the public radio show Marketplace Monday afternoon taking up the topic again.
As for the companies, it's time to move on to Plan B. Iover the weekend, while Shankland for Yahoo. But I'm curious to hear what others think. Was Jerry Yang crazy to say no? Should Steve Ballmer be thanking his lucky stars?