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Corp., AOL Pursue Yahoo Deals
Yahoo Inc.
and Time Warner Inc.’s AOL are closing
in on a deal to combine their Internet operations,
a move aimed at thwarting Microsoft Corp.’s
effort to acquire Yahoo, people familiar with
the matter said Wednesday.
But Microsoft is recrafting
its assault plan by talking with Rupert Murdoch’s
News Corp., publisher of The Wall Street Journal,
about mounting a joint bid for Yahoo, people
familiar with the matter said. Microsoft and
News Corp. have yet to reach an agreement on
joining forces but one person apprised of the
plan described the discussions as serious. Such
a deal would combine three of the biggest Internet
properties: News Corp.’s MySpace, Microsoft’s
MSN and Yahoo.
Source:
Online
Microsoft
Move Suggests Not Reversing Yahoo Decision
Microsoft
Corp. released potential proxy board members
from their agreements to serve in the event
it made a hostile bid for Yahoo Inc., following
the software giant's decision last weekend to
end its effort to buy the Internet company.
Members of the proxy board
received a short email from Microsoft's law
firm Sullivan & ...
Source:
wsj
Yahoo’s
profit falls, but beats expectations
Yahoo Inc.
said Tuesday its fiscal third-quarter profit
fell 5% from the year-earlier period, as the
flagging Internet company undertook a broad
reorganization under a new chief executive.
Source:
Marketwatch
News
Google denies staff 'brain drain'
Google has
denied there is a brain drain of talent at the
firm following the departure of its communications
boss to social network Facebook.
Elliot Schrage's departure
as head of global communications and public
affairs is the latest in a string of senior
Google staff to have quit.
Source:
BBC
Google
Pledges $30 Million for Private Moon Landing
Google Inc.
will pay up to US$30 million in prize money
to anyone able to land a privately funded spacecraft
on the moon, because “it’s cool,”
the company said on its blog.
Source:
PC
WORLD
BBC
launches Internet TV service
The BBC’s
flagship online TV service (iPlayer) is being
launched, offering viewers the chance to download
their favourite programmes from the last seven
days.
Source:
BBC
AOL
buys BEBO for $850 Million
In an unexpected
move, AOL has acquired social-networking site
Bebo. The price tag: $850 million in cash.
Source:
News.com
Google
Makes Search Easier in 14 Indian & South
Asian Languages
“Keeping
up with the spirit and celebrations of India’s
60th year of Independence, we present to you
a new platform that showcases our favourite
ideas for Indian users: Google India Labs. Enthusiastic
bloggers noted our initial announcement on 15th
August; now here’s the full story.”
Source:
Google
Official post |
