The European Commission on Friday approved the acquisition of America On Line's British Internet access business by Carphone Warehouse Group, seeing no antitrust problems.
Yahoo! CEO Terry Semel spoke with Maria Bartiromo on “Closing Bell” today. Here’s a recap of what he said about a few of the issues facing his company. On today’s announced restructuring: “I did this five years ago. There were a lot of people who thought it was insane. I reorganized the company – and at that time I put it around product – how we could get deeper with our very, very large audience.
Yahoo's trying--but Wall Street's not buying. Investors are not impressed with the web firm's management shake-up. Although Yahoo says the move is designed the make the company more productive, investors are punishing the company - pushing shares lower. Why is the market turning a deaf ear to Yahoo’s optimistic overtures?
The writing was on the wall the moment Yahoo hired Hillary Schneider. The media executive from the former Knight Ridder was brought on to run Yahoo's new Marketplace initiative. But she wasn't to report to CEO Terry Semel, or even COO Dan Rosensweig. Nope, she would report to CFO Sue Decker.
With the U.S. housing market slowing--consumers are starting to balk at some closing costs. They sometimes pay thousands of dollars in vague fees. In a CNBC exclusive on “Squawk Box”, Jane Wells discovered Lowerfees.com. The site launches today and hopes to create an open competitive place for real estate transaction fees.
Will DVDs go the way of vaudeville? Wal-Mart may be helping to speed up the digital revolution – and to drive hard-copy entertainment to extinction.
It killed eToys. It’s the great equalizer between brick and click retail. It’s shipping – and when the U.S. Postal Service didn’t satisfy demand, the United Parcel Service and Fedex saw their opportunity.
Why pay to see Web video when you can get paid to submit it? That’s the sales pitch from Break.com, which is battling better-known rival YouTube for dominance of the user-generated vid arena.
Cyber Monday – the official start of the online shopping season – kicked off today. Analysts predict almost $460 billion in holiday sales are up for grabs this year, and retailers are boosting their search engine marketing budgets to draw in shoppers.