acquisitions
MySpace cutting loose Photobucket
ADOTAS – It seems like just the other day News Corp. acquired digital photo sharing site Photobucket via its social media enclave MySpace, but the courtship appears to have been short-lived. Sources have informed TechCrunch is this close to being sold to Ontela, a startup mobile photo upload and storage [...] more...
Glam Rumor Debunked
ADOTAS – After buzz started going around over the supposed offer to Glam Media for an acquisition sticker price of $1.3 billion by an anonymous company, an updated report has been published by Valleywag stating that the claim is in fact not true. In the article, some sources that spoke to [...] more...
M6 To Acquire Cyrealis
ADOTAS – M6, a French commercial television broadcaster announced today that it has begun talks to buy Cyrealis, a web publisher. The potential payment amount has not been released. The publisher’s main focus is three editorial sites on video games, high tech and e-business, reports Reuters. M6 chairman Nicolas de Tavernost [...] more...
Ballmer Vows To Surpass Google
ADOTAS – Yesterday, Microsoft CEO Steve Ballmer made the pledge that the company would surpass Google in the online advertising and web search categories if it’s his “last breath” at the company, reports Reuters. During his talk at Microsoft’s MIX08 online technology conference in Las Vegas, Ballmer spoke about the $41.2 [...] more...
Yahoo Stalls Until Who Knows When
ADOTAS – Today, Yahoo announced its decision to extend the deadline for nominating directors to its board, seeking out more time to investigate alternatives to the buyout offer from Microsoft Corp. The deadline will be extended from March 14 to 10 days after the announcement of the date for Yahoo’s [...] more...
Microsoft Acquires YaData
ADOTAS – Microsoft has made an Israeli acquisition in ad-targeting startup company YaData. The firm was purchased for somewhere between $20 million and $30 million reports Cnet News. The YaData team will be integrated into Microsoft’s existing research and development center in Herzliya, Israel as part of the ad division. YaData’s [...] more...
Thomson Approved To Buy Reuters
ADOTAS – It has been reported that the Thomson Corporation and Reuters announced today that the European Commission, US Department of Justice and Canadian Competition Bureau have all approved Thomson’s proposition to acquire Reuters. Thomson has agreed to sell a copy of the Thomson Fundamentals database and Reuters has agreed to [...] more...
Rupture Acquired, No One Is Talking
ADOTAS – It has been reported that the startup Rupture, a social network focused on gaming that has yet to launch has managed to get acquired before launching, according to Techcrunch. The site was founded by Shawn Fanning, founder of Napster who also founded SnoCap which was recently acquired by Imeem, [...] more...
Yang To Microsoft: Drop Dead
ADOTAS – Yahoo sent a letter to its stockholders outlining the reasons Microsoft “significantly” undervalues Yahoo – and why supporting the internet giant’s Feb. 1 $44.6 billion unsolicited takeover bid “is not in the best interests” of stockholders. “We have a huge market opportunity — and are uniquely positioned to capitalize [...] more...
Shareholders Urge Yahoo To Come To A Deal With Microsoft
Legg Mason, Yahoo Inc.’s second-biggest investor, is pushing Microsoft Corp. to increase its $42 billion unsolicited bid. Bill Miller, the leading stock-picker at Legg Mason, also urged Yahoo to consider the deal, saying it has few options left. Miller issued his appeal to Yahoo and Microsoft in a quarterly letter to [...] more...
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Latest News
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Spotlight
AdBidCentral’s CEO, Vivek Veeraraghavan Talks Openly*What was the inspiration to start AdBidCentral? The conditions that inspired AdBidCentral came from a variety of factors in my personal [...] more...
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