Yahoo bets on other people’s money

Yahoo needs an open platform to build its future on. Whether Tumblr will turn out to be the right platform, and whether its long-term potential is worth $1.1 billion now are obviously important questions. But I don’t think they’re what drove the deal.

Commutist podcast: T-Metro, Broadband Caps and Steve Jobs

On this week’s podcast: Kevin Fitchard says T-Metro is kinda crazy, Stacey Higginbotham breaks down the problems with broadband caps, and Om Malik discusses Steve Jobs’ lingering shadow over Apple, one year after his passing.

Today in Connected Consumer

Last month, Om wrote about Google’s weakness for “me-too-ism” — it’s seeming inability to predict where consumer technology is going and then being forced to copy with Apple, Facebook or someone else is already doing. According to the Wall Street Journal this morning, Google is about to do it again, by setting up an online store to promote sales of Android tablets, including one under its own brand to be built by Motorola Mobility. Henry Blodget at Business Insider thinks Google has no choice at this point because Google failed to grasp the fundamental differences between the smartphone retail channel, which is dominated by wireless carries, and the tablet market, which runs through traditional retail channels, and let Apple, and even Amazon get miles and miles ahead of it in tablets. Now Google will once again try to me-too its rivals by opening its own tablet store online. It has a job of work ahead of it to catch up at this point.