Yahoo Reaches Search Deal with Google

Yahoo! and Google has reached a non-exclusive agreement and is for a ten year period. The first renewal period is after four years with at least two more renewal periods in the remaining six years. The deal came after Yahoo announced that it had concluded discussions with Microsoft Corp. without reaching any sort of merger agreement.

After withdrawing its bid for the company, Microsoft proposed buying Yahoo’s search business for $1 billion and taking a 16% stake in the company for $35 a share, or about $8 billion, Read the rest of this entry »Tags:, ,

Posted on June 15th, 2008 in Finance, Money| No Comments »

Google App Engine

Google App Engine

Google launched a preview release of Google App Engine — a developer tool that enables you to run your web applications on Google’s infrastructure. The goal is to make it easy to get started with a new web app, and then make it easy to scale when that app reaches the point where it’s receiving significant traffic and has millions of users. Read the rest of this entry »Tags:, ,

Posted on April 8th, 2008 in Money, Internet, Miscellaneous News| No Comments »

OpenID Foundation to Support Internet User Single Sign-On Technology

OpenID Foundation

Tech giants Google, IBM, Microsoft, VeriSign, and Yahoo! have joined the board of the OpenID Foundation, the organisation set up to facilitate access to multiple online services with a single username and password.  OpenID eliminates the need for multiple Read the rest of this entry »Tags:, , , , , ,

Posted on February 9th, 2008 in Technology, Internet, Miscellaneous News| No Comments »

Yahoo’s Board to Reject Microsoft Bid

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Yahoo’s board of directors plans to reject Microsoft’s $44.6 billion hostile bid with a letter Monday saying the offer undervalues Yahoo, a person familiar with the matter said Saturday, Read the rest of this entry »Tags:, , ,

Posted on February 9th, 2008 in Finance, Money, Internet| No Comments »

Microsoft wants to buy Yahoo for 44.6billion

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Microsoft has offered to buy the search engine company Yahoo for $44.6 billion in cash and shares. Yahoo has been struggling in recent years to compete with Google, which has also been a competitor to Microsoft.  Yahoo shareholders would receive $31 a share, which represents a 62% premium above the closing price of Yahoo! common stock of $19.18 Read the rest of this entry »Tags:, , ,

Posted on February 1st, 2008 in Finance, Money, Internet| 1 Comment »

Federal Trade Commission Clears Google’s Acquisition of DoubleClick

The U.S. Federal Trade Commission (FTC) has cleared Google’s acquisition of DoubleClick. Inc., a premier provider of display ad serving technology and services.  Google announced in April 2007 a definitive agreement to acquire the company for $3.1 billion in cash from San Francisco-based private equity firm Hellman & Friedman along with JMI Equity and management. Read the rest of this entry »Tags:, ,

Posted on December 20th, 2007 in Finance| No Comments »

8:01 am - Mon 8 Sep 2008