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Reuters Group
Private Social Network Facebook To Go Web Wide
The leader of a youth movement that swept the world this past year by encouraging Web users to share bits of their lives with selected friends, spoke on Wednesday of spreading his service across the Web, even while apologizing for past excesses. Mark Zuckerberg, 24, told an audience of 1,000 industry [...] More...
Yahoo Profit Down, Outlook Intact; CEO Set To Stay
Yahoo Inc.’s net profit fell 19% but investors took heart that it did not change its outlook despite a weakening U.S. economy and the distraction of Microsoft Corp.’s failed takeover bid. Shares of the Internet company, which just settled a proxy battle with activist investor Carl Icahn, rose 2.7% to $21.99 [...] More...
Yahoo and Icahn Settle; Microsoft Deal Seen Adrift
Yahoo Inc. will appoint activist investor Carl Icahn and two of his nominees to its board, settling a proxy battle and making an immediate transaction with Microsoft Corp. less likely. The settlement, announced on Monday, came just 11 days before Yahoo’s Aug. 1 annual shareholders meeting, at which Icahn had originally [...] More...
AOL Talks With Microsoft, Yahoo Heat Up: Source
Time Warner Inc.’s discussions to merge or sell its AOL Internet division with Microsoft Corp. or Yahoo Inc. have taken on new urgency ahead of Yahoo’s Aug. 1 shareholders meeting, a source familiar with the discussions told Reuters on Tuesday. The structure of any deal is not immediately clear, though a [...] More...
Microsoft and Icahn Promised Yahoo Billions in Ad Revenue
Microsoft Corp. and billionaire investor Carl Icahn’s joint proposal for Yahoo Inc, which was rejected on Saturday, included improved revenue guarantees from search advertising, people familiar with the matter said on Sunday. In joining forces with Icahn, Microsoft sweetened the terms of a proposal to control Yahoo’s search business after withdrawing [...] More...
Yahoo To Offer Its Search Services to Outside Firms
Yahoo Inc. will let customers, academics and even rivals build customized Web search services on top of its own technology, introducing a resale model into a major Internet market where it ranks a distant No. 2 to Google Inc. In the embattled Internet company’s biggest step yet to carve out a [...] More...
Yahoo Reorganizes Businesses Under Decker
Yahoo Inc. unveiled on Thursday the third phase of an extended reorganization, bolstering the operational control of President Sue Decker, as the company hones its independent strategy after rebuffing Microsoft Corp. The changes centralize the management of once-separately run consumer services into a new “audience organization,” Decker said in a phone [...] More...
Yahoo Investor Urges Board Compromise With Icahn
Dissident Yahoo Inc investor Eric Jackson on Monday urged fellow shareholders to vote for a board comprising five existing directors and four nominees from billionaire investor Carl Icahn’s slate. Jackson, who leads a group of 146 investors holding 3.2 million Yahoo shares, said that while he supported Icahn fully, he recognized [...] More...
Yahoo Makes Google Ad Deal, Microsoft Talks Fail
Microsoft’s plan to establish a strong footing in online advertising suffered a big blow on Thursday as merger talks with Yahoo finally, formally failed and Yahoo said it would let Google sell search ads on its site.Separate statements from Microsoft and Yahoo signaled a real rift between the two after [...] More...
Yahoo Shares Plunge After Microsoft’s exit
Yahoo Inc.’s shares tumbled as much as 20% today after Microsoft Corp. withdrew its $47.5 billion takeover offer, wiping about $7.6 billion off the Internet company’s market capitalization and piling pressure on its leadership. In the aftermath, Internet search leader Google Inc. seemed poised to reap the gains of the missed [...] More...
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Spotlight
AdMob: Google’s Move Into Mobile Fray Helps UsADOTAS EXCLUSIVE – AdMob offers the biggest mobile advertising marketplace on the planet — and the company was founded just [...] more...
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