Google really wants to make sure that Microsoft won’t get their hands on rival Yahoo. So much so that they’re willing to enter and expand an advertising partnership with Yahoo, that may prevent Microsoft from renewing any bids for the company in the future. By making sure that Yahoo does well, Google is ensuring that it won’t …
Microsoft’s failed attempt at taking over Yahoo might be one of the best things that could have happened for one of both companies’ rival – Google. Having wasted months of talking and negotiations, neither Yahoo or Microsoft is any better off today then they were when Microsoft first made their bid in late January. Google, …
Google has teamed up with a number of partners investing in a new venture to develop and deliver high-speed WiMAX internet access for mobile devices. The venture, which is being led by Sprint, also includes including Clearwire, Sprint, Comcast, Time Warner, and Intel, amongst others. Thus far, deploying a nationwide Mobile WiMAX network has proven …
After Microsoft pulled their $47.5 billion takeover bid on Monday, shares of Yahoo plummeted more than 16 percent in late morning bidding, nearly wiping out half of the gains in the company’s stock price since Microsoft made its initial offer in late January. Yahoo has been holding firm in their assertation that Microsoft’s bid significantly undervalues …
On Wednesday, a U.S. district court ruled that AOL, Yahoo, and RealNetworks must pay a percentage of their revenues derived from music-oriented services to the American Society of Composers, Artists, and Publishers (ASCAP). However, the three companies were unable to agree on the rates owed the songwriters, and so a court stepped in and now …
Search giant Google is now reportedly seeking a deal with International Business Machines Corp. (IBM) to help sell its desktop applications to large businesses. Google CEO Eric Schmidt spoke with a gathering of IBM’s key partner’s on Thursday, revealing that working with IBM would be a very important part of getting Google’s desktop applications out …
On Thursday during a meeting with staff, Microsoft CEO Steve Ballmer revealed that the company has three options available to them with regards to Yahoo, and that they would announce in “short order” which path they would decide to take. According to Ballmer, the three options available were to walk away, complete a negotiated deal, …
After the deadline passed last weekend for Yahoo to accept Microsoft’s takeover bid, many were left wondering what Microsoft would do next. This week, Microsoft has indicated that they are willing to raise their bid to as much as $33 per share, in an attempt to avoid a controversial proxy bid and hostile takeover that …
Ann Mather, who has served on Google’s board of directors since 2005, is now coming under fire from the Securities and Exchange Commission (SEC) in connection with a shady backdating scandal at Pixar. Mather was the CFO at Pixar from 1999 to 2004. Google disclosed in an SEC filing of their own that the LA …
Another day, another lawsuit. David Almeida, a private detective, has filed a lawsuit against Google claiming that hundreds of thousands of companies that have signed up to advertise on Google may have been deceived into paying for ads that they did not want. Almeida and his attorneys are hoping that the lawsuit will become class …
