Up to 60 percent of Europeans may bank online by 2020, a level already reached by Sweden and Denmark today, Deutsche Bank said in a report on Tuesday.
Monday, 12 May 2008 | Source: CNBC staff and wire reports
Shares of
Clear Channel Communications surged on media reports that a revised deal has been reached to finance the radio and media company's buyout by
Thomas H. Lee Partners and
Bain Capital.
Monday, 12 May 2008 | Source: The New York Times
TV advertisers are preparing for the 52 week season.
Friday, 9 May 2008 | Source: The Associated Press
Google's top executives expressed hope that the Internet search leader will be able to form a potentially lucrative advertising partnership with Yahoo -- a deal that would lower the odds of Microsoft renewing its attempts to buy Yahoo.
Wednesday, 7 May 2008 | Source: CNBC.com
Rupert Murdoch's
News Corp. said its quarterly net profit rose on higher advertising sales at the Fox TV network and Fox News Channel, as well as a one-time gain from its stock swap with Liberty Media.
Wednesday, 7 May 2008 | Source: Reuters
Microsoft is gauging Facebook's interest in a possible acquisition after the software giant's failed takeover attempt of Yahoo, the Wall Street Journal reported Wednesday.
Wednesday, 7 May 2008 | Source: Reuters
Shares in China's top e-commerce firm, Alibaba.com, erased early gains to fall 2 percent on Wednesday as concern over its premium customer growth and the impact of a slowing global
economy offset enthusiasm over its forecast-beating quarterly results.
Tuesday, 6 May 2008 | Source: Reuters
Top Chinese e-commerce firm Alibaba.com more than doubled its first-quarter earnings, beating forecasts, on strong demand for online trade and improved profit margins due to successful cost management.
Tuesday, 6 May 2008 | Source: Reuters
NBC Universal, a unit of General Electric, plans to say next week that the entry price for a 2009 Super Bowl 30-second ad will be $3 million, the Wall Street Journal said on Tuesday.
Monday, 5 May 2008 | Source: CNBC staff and wire reports
Activist investors have been considering whether to mount a proxy fight to oust the Yahoo board because of frustration over the collapsed Microsoft deal, say people familiar with the situation.
Monday, 5 May 2008 | Source: CNBC staff and wire reports
Yahoo's shares tumbled after Microsoft withdrew its $47.5 billion takeover offer, wiping out about $7.6 billion in market value and piling pressure on its leadership, especially CEO Jerry Wang.
Monday, 5 May 2008 | Source: The Associated Press
Shares of Yahoo fell 22 percent in premarket trading as hopes for the once dominant search engine dimmed on the withdrawal of a $43.7 billion bid from Microsoft over the weekend.
Sunday, 4 May 2008 | Source: The Associated Press
For now, it seems Microsoft CEO Steve Ballmer has kept his passionate side in check in choosing to walk away from ahostile Yahoo offer.
Sunday, 4 May 2008 | Source: Reuters
Now that Microsoft has withdrawn it's bid, the pressure is on Yahoo to prove it can revive its languishing stock price.
Sunday, 4 May 2008 | Source: Reuters
A flurry of last-minute talks between the heads of the companies preceded Microsoft's decision to end its bid for Yahoo.