Facebook's Instagram service has signed a $100 million yearlong deal with advertising firm Omnicom, Ad Age reported on Friday.» Read More
The Justice Department on Friday said it is "interested" in reviewing antitrust issues associated with Microsoft nearly $45 billion unsolicited bid for Yahoo.
With Microsoft's bid for Yahoo, here is a look back at how each has performed since their respective IPOs and how Google has compared...
Microsoft's proposed acquisition of Yahoo would marry the world's biggest software maker with a leading Internet media company, shaking up the online market.
I've gotten ahold of Microsoft CEO Steve Ballmer's internal memo he emailed to the troops this morning about his plans to spend $45 billion in a hostile bid for struggling search stalwart Yahoo. (Thanks for sending. You know who you are!)
Let the campaigning begin: Microsoft hosted a conference call with the Street and media this morning to talk over its $45 billion dollar hostile bid for Yahoo, making its case not just to Microsoft and Yahoo investors, but to Yahoo employees who might feel tempted to make a bee-line for the exits.
Microsoft's take-out play for Yahoo is a stunning move by the world's largest software maker, even though rumors of a deal have been swirling for the better part of a year. The 62 percent premium Microsoft is willing to pay for Yahoo, valuing the deal at a shade under $45 billion, shows just how serious--and just how frustrated--Microsoft has become with Yahoo.
It is a stunning move by the pioneering name in mobile phones and the best data yet about just how deep the company's problems run: Motorola announced late Thursday that it is seeking alternatives for its handset business that likely will mean a sell-off of the division.
Google shareholders are licking their wounds in after-market trading tonight after the company surprised Wall Street by missing expectations on both the top and bottom lines. And when I say "surprised," I really mean "shocked." I've spoken to a two analysts since the numbers came out who can't talk publicly until they release their own research to clients...
Google's earnings and sales both rose but fell short of analyst expectations, and shares of the company fell in extended trading.
India's lucrative outsourcing industry struggled Thursday to overcome Internet slowdowns and outages after cuts in two undersea cables sliced the country's bandwidth in half.
Amazon.com reported a profit that matched forecasts and gave sales guidance that topped expectations, but concerns about the company's margins sent shares falling in after-hours trading.
Talk about a mixed picture from online retailer Amazon.com. On its surface, Amazon tells a major success story, especially in the face of an economic slowdown and worries of recession. The company meets the Street with 48 cents a share, but blows past revenue
Call it the Google Paradox: Shares severely depressed these last few months, touching $538 last week, and yet the prevailing feeling on Wall Street--by far--is that Google is still the best deal going for net-sector investors.
This has been a wild ride for Amazon shareholders these last few months, touching $100 a share at the end of October, sliding into the $70s a few weeks later, tickling $100 a again just a few weeks ago, and now languishing back at $70 a share once again. Yuck.
Yahoo's after-market reaction to the company's earnings news says it all: Yahoo down 8 percent and you gotta wonder just how bad this news is going to get before it gets any better. IF it gets any better. Stunning for a company that says today it enjoys 2 BILLION page views A MONTH in the U.S. alone.
Yahoo topped expectations despite a 23 percent earnings decline, but shares of the company fell as its sales guidance was light and Chief Executive Jerry Yang warned of 2008 "headwinds."
Remember the days when you sat in a room with your friends and listened to music together? It seems almost no one shares that experience anymore, plugged into their own device. But a new gadget called miShare could change all of that, making music part of social networking again.
If you think your portfolio has taken a hit since the beginning of the year, consider Steve Jobs and his stake in Apple: He's down $377 million and change since Jan. 1, so if anyone knows the magnitude of Apple's steep--and some say overdone--decline since then, it's the mercurial Apple chief.
Illegal downloading outpaces legal downloading alternatives by 20-to-one. Record companies may have grown their digital music revenue by 40 percent over the past year, but that's so far from enough to keep up with the death of the CD business.
Friday I blogged about the most audacious press release I've received in a long time from a small biomed company called GenoMed. The company's Chairman and CEO, Dr. David Moskowitz, claims Heath Ledger probably died due to complications from the flu--likening it to Anna Nicole Smith's death--and GenoMed had the means to save him.