Wednesday - May 14, 2008
An unlikely savior could bring Microsoft's failed bid for Yahoo back from the grave. Billionaire investor Carl Icahn may be mulling a proxy battle to replace the Web portal's board with one that's more friendly toward a Microsoft purchase. Icahn has not publicly stated his intentions, but he has accumulated more than 3.5 percent of the outstanding shares of Yahoo, beefing up his position in recent weeks to swell his ownership to about 50 million shares, according to reports.
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Friday - May 9, 2008
MySpace has forged agreements with other popular Internet sites -- Yahoo, eBay, Photobucket and Twitter -- to permit MySpace users to migrate their data. Profiles, videos and friend networks are among the content that can be ported. They can then access the partner sites using their MySpace user names and passwords.
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Monday - May 5, 2008
The stock market is making its after-the-fact adjustment to the end of the Microsoft-Yahoo saga, which culminated this weekend. After last minute negotiations failed, Microsoft walked away from its bid to acquire Yahoo for slightly more than its original offer of $33 per share.
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Wednesday - April 30, 2008
Media giant Time Warner plans to sell off its remaining 84 percent stake in its recently spun-off cable company. The company unveiled the strategy as it posted weaker profit and its AOL Web portal grew modestly in advertising revenue. Time Warner said net profit for the first quarter was $771 million, or 21 cents per share, down 36 percent from the $1.2 billion posted in the same quarter a year ago.
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Wednesday - April 23, 2008
Yahoo posted a healthy rise in profits for Q1, an increase fueled in large part by a $401 million gain in the initial public offering of China's Alibaba.com. Net income rose to $542.2 million -- or 37 cents per diluted share -- from 2007 Q1's $142.4 million, or 10 cents per diluted share.
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Wednesday - April 16, 2008
The privacy requirements of Internet users can vary widely. Some divulge the most personal details of their lives on blogs and social networking sites; others want to remain as anonymous as possible. Users know they have control over what they push onto the Web -- but what about data that portals and other online giants retain on the back end?
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Friday - April 11, 2008
Lyris, best known for its e-mail advertising services, has launched a portal meant to give online marketers a place to foster community and learn from one another. Lyris plans to formally launch the LyrisHQ portal at the Ad:tech conference next week. The site is already live, offering content and interactivity around topics such as online marketing best practices.
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Monday - April 7, 2008
Microsoft tried to light a fire under its apparently stagnating bid to acquire Yahoo over the weekend, with CEO Steve Ballmer saying a lower price could be in the offing if Yahoo doesn't act soon. The Web portal was unmoved, however, saying Monday that its board remained open to a deal with the software giant, but not at the original price of around $44.6 billion.
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Tuesday - April 1, 2008
Despite widespread belief it would dig deeper into its pockets if necessary to land Yahoo, Microsoft has no plans to sweeten its offer for the Web portal, according to published reports. Microsoft sees no reason to boost its bid at this time, The Wall Street Journal reported Tuesday, citing unnamed sources close to the company.
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Monday - March 31, 2008
Seeking to tap deeper into a key demographic for advertisers, Yahoo on Monday launched Shine, a Web site meant to become an Internet starting point for women between the ages of 25 and 54. Shine will offer content licensed from publishers such as Conde Nast and Hearst in nine categories, including fashion, beauty, relationships, healthy living and parenting.
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Monday - March 24, 2008
Traditional media companies trying to stem the flow of advertising dollars to Google and other large Internet companies are increasingly building ad networks of their own, anchored by their brands. The latest, Forbes, announced Monday that it will start selling ads this spring for about 400 financial blogs.
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