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Interclick and ValueClick Feel Stock Market Shellacking

Written on
August 5th 2011
Author
Gavin Dunaway

ADOTAS – In case you haven’t been paying attention, the U.S. stock markets have been taking a shellacking lately, and if you thought the ad tech sector — with it’s ever-growing revenue and rapidly developing technology — would be immune, think again. On Thursday, the NASDAQ composite dropped 136.68 points yesterday for [...] more...

Apple Shares Turn Negative on Jobs “Rumor”

Written on
December 31st 2008
Author
Reuters Group

Shares of Apple Inc fell as much as 2 percent on Tuesday after technology website Gizmodo reported a “rumor” that Chief Executive Steve Jobs’s health was declining. A spokesman for Apple declined to comment on the rumor. When asked about Jobs’s health, the spokesman said “if ever Steve or the board of [...] more...

Twitter Rejects Facebook — For Now

Written on
November 24th 2008
Author
Sarah Novotny

ADOTAS — Twitter has said “no” to Facebook in probably more than 140 words. While rumors of Facebook acquiring the company, which is completely dependent on investors for revenue, were initially dismissed, serious talks ended only three weeks ago with Facebook offering $500 million in stock, according to the Wall Street [...] more...

Yahoo Sells Off Shopping Site at Discount

Written on
November 21st 2008
Author
Kathleen

ADOTAS – Yahoo has sold European comparison shopping site Kelkoo, according to a report in TechCrunch. Yahoo bought the site in 2004 for about $579 million and sold it for less than $125 million to PE firm Jamplant, which is based in the U.K. TechCrunch got a copy of an internal memo [...] more...

HLTH, WebMD Merger Off

Written on
October 20th 2008
Author
Kathleen

ADOTAS – Economic turmoil has forced HLTH Corp. and WebMD to cancel their long-planned merger. WebMD is a majority-owned subsidiary of HLTH, and both boards decided to terminate the agreement, saying its $340 million in cash and investments and lack of long-term debt will keep WebMD in good stead. The company [...] more...

MindShare Buys Michaelides & Bednash

Written on
October 9th 2008
Author
Kathleen

ADOTAS – Media agency MindShare has snapped up Michaelides & Bednash, a U.K. media planner. Financial terms of the deal have not been disclosed. Mindshare said the M&B buy was made to shape the company’s worldwide invention group and spearhead a dedicated unit on Mindshare’s Unilever account.M&B staff will transfer [...] more...

Fed, Central Banks Cut Rates

Written on
October 8th 2008
Author
Reuters Group

Central banks around the world cut interest rates in unison on Wednesday to try to limit economic damage from the worst financial crisis in 80 years. In an unscheduled announcement made as New York traders were reaching their offices, the Federal Reserve said it was cutting its key federal funds rate [...] more...

Media Growth Slows to Crawl: Report

Written on
September 29th 2008
Author
Kathleen

ADOTAS – The country’s top 100 media ships witnessed the slowest growth since 2001. And that was last year – before the financial meltdown, Ad Age reports. The top 100 did see a 4.6% revenue spike last year for a net media revenue of $299.1 billion. Digital was the biggest cash [...] more...

Bailout Pressure Mounts, Roils World Markets

Written on
September 26th 2008
Author
Reuters Group

Pressure mounted on lawmakers Friday to agree on a $700 billion financial rescue plan after talks at the White House broke down in acrimony and the biggest bank closure in U.S. history roiled global markets. President George W. Bush said that while there were disagreements on parts of the bailout plan, [...] more...

Yahoo and AOL: Back On?

Written on
September 24th 2008
Author
Kathleen

ADOTAS – Watching your company’s stock tank is depressing. And depressing times sometimes call for desperate measures. With Yahoo’s stock trading at about $19.02 as of 9:53 a.m., the time for out-of-the-box thinking has arrived. Yesterday, Yahoo’s new board reportedly OK’d a fresh round of talks with Time Warner’s sagging [...] more...



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Sponsormob Leads the Way Into RTB for MobileADOTAS – For more than half a decade, Berlin-based tech firm Sponsormob has remained relevant in an industry characterized by [...] more...



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