CNBC's Kayla Tausche reports the Google barge project has been scrapped and the barge will be dismantled.» Read More
The stock rally triggered by the bailout of Fannie Mae and Freddie Mac fizzled within the first half hour of trading as Wall Street wonders if it will be enough to settle the turbulent housing market.
Alcoa may have kicked off earnings season last week, but this week, the biggest names in the tech sector take center stage: Intel and IBM tomorrow: eBay Wednesday; Microsoft and Google on Thursday.
Microsoft and billionaire investor Carl Icahn's joint proposal for Yahoo , which was rejected on Saturday, included improved revenue guarantees from search advertising, people familiar with the matter said on Sunday.
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Stocks finished sharply lower Friday as the market was rattled by concerns about the future of the nation's top mortgage-finance agencies.
Stocks plunged deeper into the red Friday after Paulson said he sees no bailout on the horizon for Fannie Mae and Freddie Mac. Another $5 surge in oil prices fanned the market flames.
There's no talk of concrete deals at the Allen & Co. conference this year, but the big names continue to circulate and talk intently over meals and cocktails. The spotlight is on the Yahoo crew, everyone wondering who they're talking to, and what that could mean about the fate of the company.
Google CEO Eric Schmidt, along with co-founders Larry Page and Sergey Brin sat down to talk to journalists at the Allen and Co. conference in Sun Valley for an hour and fifteen minute no-holds barred question and answer session.
Cramer calls in Thursday's Lightning Round: SWC, ETN, BQI, FGP, UA, CRM, MOT, CGV, UPS, RMBS
When media moguls and tech startup CEOs gather for casual, culture-clashing sessions in Sun Valley, I can't help but marvel at the remarkable mix of styles. There's nothing like catching a CEO who feels safe in his pin stripes awkwardly sporting bermuda shorts.
Yahoo wants to enlist a small army of search start-ups as allies in the hope that collectively they will be able to stop the Google juggernaut, whose share of Web searches keeps growing.
The tech titans and media moguls schmoozed and chatted through the first full day of meetings at the Allen + Co. Conference. It was a quiet day in terms of deal buzz; perhaps largely because the Yahoo folks haven't arrived yet.
Will Yahoo eventually get sold to Microsoft? And if so, for how much? The emerging consensus at the annual Sun Valley retreata is that Yahoo shareholders may be prepared to take even less than the $33 per share previously proposed by Microsoft, the New York Times reports.
This event has sparked some of the biggest media deals, from Google's acquisition of YouTube to the Disney-CapCities merger in 1996. This year there's no avoiding the fact that the economy is in a downturn and the credit markets are tight, but it's not keeping the big names from rolling in.
Advertising revenue from YouTube is likely to total about $200 million this year and thus fall short of parent company Google's expectations, The Wall Street Journal said on Tuesday, citing two sources familiar with the matter.
Cramer makes the call on viewers' favorite stocks.
It was another wild trading day of ups and downs but stocks ran to the finish line and pulled off a decent gain as oil dropped more than $5 a barrel.
Microsoft threw its weight behind investor Carl Icahn's effort to dump Yahoo's board, saying Monday that a successful shareholder rebellion would encourage the software maker to renew its bid to buy Yahoo's Internet search engine or possibly the entire company.
A potential deal between Yahoo and Time Warner's AOL division is unlikely before Yahoo's annual meeting on Aug. 1, a person familiar with the negotiations said Monday.
In the early years of the 21st century, Google is the company prompting a rethinking of assumptions on what technological monopoly might mean, the New York Times reports.