Mr Schmidt says he is concerned about the openness of the net Any deal between Yahoo and Microsoft could be “bad for the internet”, according to the head of Google. Chief executive Eric Schmidt said that Google was “concerned” about a deal and said it could have implications for the “openness” of the internet. Last [...]
Entries Tagged as 'Tech'
Deal between Yahoo and Microsoft could be “bad for the internet
March 17th, 2008 · 2 Comments
AOL acquires 3rd Largest social network BeBo
March 14th, 2008 · 2 Comments
Bebo has 40 million members worldwide Time Warner’s AOL internet division is buying the social networking site Bebo for $850m (£417m) in cash. Bebo is the third-biggest social networking site in the US, behind MySpace and Facebook. AOL says that Bebo has more than 40 million members worldwide who view an average of 78 pages [...]
Yahoo Rejects Microsoft’s Attempted Takeover Bid
February 12th, 2008 · 6 Comments
Yahoo’s board unanimously decided to spurn Microsoft after concluding the offer as expected, worth $44.6 billion or $31 per share — “substantially undervalues” one of the Internet’s prized franchises. The cash-and stock deal is now valued at about $40 billion, or $28.91 per share, which a reflects a drop in Microsoft’s market value. But Yahoo [...]
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