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Ballmer's Competitive Streak Drove Yahoo Bid

Microsoft CEO once vowed to 'kill Google'

(Newser) - Microsoft's Yahoo bid put CEO Steve Ballmer to the test: How much would he pay to fulfill his promise to "(expletive) kill Google"? Forty-seven billion bucks was too high, but many say he'll try again—and may have a tough time convincing investors it's all cool calculation. Microsoft...

Media Giant Cox Buys Online Ad Startup for $300M

Owner of platforms from newspapers to TV targets Web revenue

(Newser) - Media outfit Cox is moving into the online business, buying an Internet startup that pools sites’ specialized ad needs, the AP reports. The $300 million purchase of Adify will mean competition for Web giants such as Google and Yahoo, creating an alternative for customers who might previously have relied on...

Left Out of Prez Debates, New Orleans Goes Online

Google, YouTube step in after official commission's snub

(Newser) - Overlooked by the commission that schedules presidential debates, New Orleans has enlisted Google and YouTube in organizing its own forum, the Times-Picayune reports. The Sept. 18 event, 8 days before the first official debate, is intended to bring the political spotlight to the beleaguered city. Gov. Bobby Jindal touted it...

Facebook Shopping for Grownup Execs
Facebook Shopping for Grownup Execs

Facebook Shopping for Grownup Execs

Site moves to fix mistakes by raiding Silicon Valley powers

(Newser) - After some high-profile blunders, Facebook is looking for older and more seasoned executives to round out its team. Former Google veep Sheryl Sandberg has already joined up, and the social-networking site is looking for a new general counsel and a vice president of communications and public policy, Forbes reports.

Microsoft's Price Wasn't Right: Yahoo Offer Expires

Talks quietly die after Yahoo demands $35 a share

(Newser) - Microsoft may get nasty now that its deadline for a friendly Yahoo purchase expired yesterday. Talks died quietly after Microsoft refused to up its offer from $29.68 a share on Friday; Yahoo execs wanted $35. Microsoft could now press Yahoo, tack back the offer, or deal directly with Yahoo...

Google Book Scans Go Slow at Research Libraries

No speedy way to digitize the rarest of volumes, search giant finding

(Newser) - In its ongoing effort to digitize the world's 50-100 million books for online book searching, Google is funding scanning efforts for rare volumes at leading libraries. The AP observed one such digitizing—the oldest Bible with Arabic type, scanned manually at 600 pages per day—which, to protect the work,...

Slumping Microsoft Needs Yahoo
 Slumping 
 Microsoft 
 Needs Yahoo 
OPINION

Slumping Microsoft Needs Yahoo

Slow quarter spurs push for acquisitions

(Newser) - Microsoft's first quarter saw flat sales and dipping profits, all the more reason to make nice with Yahoo, Aaron Ricadela writes in BusinessWeek. Steve Ballmer has said he is ready to walk away from the attempted takeover, but with most of Microsoft's revenue coming from smaller divisions and overseas interests,...

My Search Term, Myself
 My Search Term, Myself 
OPINION

My Search Term, Myself

Blogger ponders path Web surfers take to his threshold

(Newser) - Freud would have a field day studying Google searches, posits a blogger who tracked the terms visitors to his web page used and found a window into man's pathologies. John Kelly, a columnist on leave from the Washington Post, writes in the Guardian about "how the fetishes, pathologies and...

Yahoo Hopes Q1 Report Will Boost Microsoft Bid
Yahoo Hopes Q1 Report Will Boost Microsoft Bid
Earnings Preview

Yahoo Hopes Q1 Report Will Boost Microsoft Bid

Data out tomorrow expected to be in line with analysts' expectations

(Newser) - All eyes will be on Yahoo's first-quarter earnings report tomorrow; the company hopes to use solid results to pressure Microsoft into sweetening its takeover bid, the Wall Street Journal reports. The report comes just 2 days before Microsoft's own and 4 days before the deadline the latter set for a...

Strong Earnings Propel Rally
 Strong Earnings Propel Rally 
MARKETS

Strong Earnings Propel Rally

Nasdaq up almost 5%, Dow and S&P jump 4% for the week

(Newser) - Stocks rallied to weekly gains today as the markets absorbed last night's strong earnings report from Google and industrial multinationals Caterpillar and Honeywell recorded unexpected first-quarter growth, Bloomberg reports. Google propelled the Nasdaq up 61.14 to close at 2,402.97. The Dow rose 228.87 to 12,849....

Microsoft Weighs Subscription Model for Office

Firm's core apps face Google competition

(Newser) - Microsoft is considering introducing a subscription-based business model for its Office suite of applications in the US, the Wall Street Journal reports. The firm said it was launching a beta testing program, “Albany,” and expected to make the subscription generally available by the end of 2008. Microsoft’s...

Rosy Q1 for Google
Rosy Q1 for Google 
EARNINGS REPORT

Rosy Q1 for Google

Search giant profits up 30% as international ad business takes off

(Newser) - Google reported a 30% increase in first-quarter profits today, bettering analysts’ predictions and sending share prices up 17%, Bloomberg reports. Forecasters had assumed that growth in domestic advertising clicks would slow, but Google said it “remains healthy;” a 55% increase in international ad sales gave the search giant...

Yahoo, Google Close in on Search Ad Deal

A successful system test puts Yahoo in the catbird seat with Microsoft

(Newser) - A deal that would have Google operate Yahoo’s core search ad business may be closer now that the two have successfully tested the system, reports the Wall Street Journal. An agreement would increase Yahoo’s cash flow by as much as $1 billion annually, and give it additional leverage...

More Than Ever Like To Watch on Web

US online video views hit 10B in February

(Newser) - US Internet users watched 10 billion online videos in February, cNet reports, with statistics released by ComScore showing a 66% gain from February 2006. Unsurprisingly, Google’s video sites (chiefly YouTube) accounted for 35.4% of the 10 billion views, the largest portion for any one site.

Google Accused of 'Gaming' FCC Auction

Lawmakers say firm made fake bids to trigger open access

(Newser) - Republican lawmakers are charging that Google manipulated an FCC bandwidth auction to get a free ride on the airwaves, PC World reports. The internet giant is accused of bidding purely to bump up the price to a level where rules trigger open access—and then walking away, leaving Verizon to...

Tech Biz Workers Back Barack
 Tech Biz Workers Back Barack 
ANALYSIS

Tech Biz Workers Back Barack

Young, liberal workers at Google and Yahoo like him

(Newser) - Google and Yahoo workers who have donated to presidential campaigns support Barack Obama, the Seattle Post-Intelligencer reports, donating significantly more to him than any other candidate. Obama does well with the tech industry as a whole, though his edge is less pronounced at older companies like Microsoft and Apple. Obama...

Google Ups Ante in Office Software Fight Vs. Microsoft

Expansion of partnership with Salesforce puts Softy on defensive

(Newser) - Google and Salesforce.com have expanded their partnership in customer-management and office software, the New York Times reports, in an ongoing competition with Microsoft and its Office suite. Salesforce’s software will be further integrated with Google’s applications—a milestone in the search giant’s efforts to challenge Microsoft...

Yahoo Merger Could Level Online Ad Market

But Google team-up would shrink advertisers' options

(Newser) - Winds of a Yahoo-Microsoft merger have sparked a “nuclear war” in the online-advertising world—and the Google-dominated market could soon see major changes, the Wall Street Journal reports. “Nothing short of a new world order in this space is up for grabs,” says an expert. As Yahoo...

Google Taps Quattrone for Yahoo Advice

It's his first high-profile post since legal troubles last year

(Newser) - Google has hired controversial former dot-com banker Frank Quattrone to advise the company on its increasingly complicated role in Yahoo’s takeover drama, the New York Times reports. It’s Quattrone’s first high-visibility gig since his obstruction-of-justice conviction was overturned last year. Google CEO Eric Schmidt is a longtime...

Yahoo Board Meets as Buyout Options Grow

Microsoft likeliest buyer but battle heats up

(Newser) - Yahoo's board meets today to examine the options for avoiding a hostile takeover by Microsoft, the Wall Street Journal reports. Experts think a Microsoft grab is still the most likely scenario, but the situation has grown increasingly complicated in the midst of discussions of an AOL-Yahoo merger, Yahoo's proposed trial...

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