Yahoo Inc. has made progress toward outsourcing its search advertising to <a href="http://www.computerworld.com/action/inform.do?command=search&searchTerms=Google+Inc.">Google Inc.</a> after a positive initial test of the system, the Wall Street Journal reported, citing unnamed sources.
While Microsoft has been in discussions with News Corp. about putting in a joint bid for Yahoo, people close to Microsoft told that the software company still plans to go after Yahoo on its own, the Wall Street Journal reported.
Does a Microsoft-Yahoo deal make sense? Probably. As separate companies, Microsoft and Yahoo duplicate systems and staff. Microsoft CEO Steve Ballmer said a merger could save US$1 billion (NZ$1.26 billion) annually. According to industry observers, the time is right because Yahoo's stock is down, and the company hasn't improved its results even after co-founder Jerry Yang took over as CEO in the middle of last year. Plus, Microsoft's offer, initially 62% over Yahoo's share price, is a very good deal for Yahoo shareholders.
China's Alibaba Group is looking for investors to buy Yahoo's 39 per cent stake in the Internet company, according to the Reuters news service.
Online retailer Harry and David has filed a US$6 million (NZ$7.5 million) fraud and breach of contract lawsuit against IBM, claiming it was sold e-commerce software that IBM knew violated patents held by Charles Hill & Associates and NCR, according to court documents.
Media magnate Rupert Murdoch said Monday that News Corp would not battle Microsoft over Yahoo, according to a report by the Reuters news agency.
Yahoo's chairman, Roy Bostock, is leading a group of the company's board members in favour of accepting Microsoft's unsolicited $US44.6 billion takeover bid, according to a new report.
Yahoo's board of directors plans to reject Microsoft's unsolicited US$44.6 billion takeover bid, The Wall Street Journal reported Saturday, citing as its source "a person familiar with the situation."
Yahoo Inc. has beefed up its talks with Google Inc. as it looks for alternatives to Microsoft Corp.'s unsolicited US$44.6 billion takeover bid, according to a report in the Los Angeles Times.
While Google has reportedly shown an interest in collaborating with Yahoo to ward off a potential takeover bid from Microsoft, and other companies have contacted Yahoo, it's unlikely that any of them could beat Microsoft's offer, analysts said Monday.
Google is giving users the opportunity to try new ways of using its search engine, according to Andrew Hogue, Tech Lead on the project.
The philanthropic arm of Google said it is giving US$25 million in grants and investments to companies and organisations committed to fighting environmental, energy, poverty and health issues.
Yahoo has settled a lawsuit brought against it on behalf of imprisoned Chinese journalist Shi Tao, and pro-democracy writer Wang Xiaoning, according to court documents. It has also agreed to pay the plaintiff's legal costs. Terms of the settlement were not disclosed and Yahoo could not be reached for comment.
The European Commission Tuesday said it would open an investigation into Google's proposed US$3.1 billion acquisition of online advertising company DoubleClick.
Nine thousand two hundred and twelve. That's the number of solar panels that cover eight rooftops at Google's Mountain View, California, headquarters.