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Yahoo Faces Lawsuits, Rough Ride on Wall Street

Turning down Microsoft's sweetened bid may cost company in coming weeks

(Newser) - At least seven lawsuits already have been filed against Yahoo for its handling of Microsoft’s bid to acquire the Internet portal and lawyers say the company is likely to face more, reports Reuters. Microsoft withdrew a $33-per-share offer Saturday—a 70% premium above Yahoo’s share price three months...

Post-Microsoft, What's a Yahoo to Do?

Google deal risky, but analysts say company must prove its value

(Newser) - High-fives broke out at Yahoo yesterday after Microsoft revoked its buyout bid, but founder Jerry Yang and colleagues may want to hold off on celebrations, the New York Times reports. Analysts expect the stock to tank tomorrow, shareholders are mulling legal action, key workers may walk, and an alliance with...

Traffic On the Rise at AOL's Content Sites

Internet giant's transition to ad-driven firm picking up pace

(Newser) - It's been a while since AOL was associated with rising numbers, but a jump in traffic to its content sites shows the company's transition to an ad-supported business is on track, the Wall Street Journal reports. The company redesigned its news, sports, and health sites and created some new ones...

Ad Networks Gain in Race for Clicks Online

Better targeting, rates draw advertisers away from portals like AOL

(Newser) - Once, advertisers bought web ads the way they bought TV spots: by buying space on popular sites to increase brand visibility. Now the mentality has changed, the New York Times reports: Buyers want targeted buys that produce lots of clicks for their buck. Increasingly, that means they’re turning away...

Yahoo, Google Close in on Search Ad Deal

A successful system test puts Yahoo in the catbird seat with Microsoft

(Newser) - A deal that would have Google operate Yahoo’s core search ad business may be closer now that the two have successfully tested the system, reports the Wall Street Journal. An agreement would increase Yahoo’s cash flow by as much as $1 billion annually, and give it additional leverage...

Google Taps Quattrone for Yahoo Advice

It's his first high-profile post since legal troubles last year

(Newser) - Google has hired controversial former dot-com banker Frank Quattrone to advise the company on its increasingly complicated role in Yahoo’s takeover drama, the New York Times reports. It’s Quattrone’s first high-visibility gig since his obstruction-of-justice conviction was overturned last year. Google CEO Eric Schmidt is a longtime...

Yahoo Board Meets as Buyout Options Grow

Microsoft likeliest buyer but battle heats up

(Newser) - Yahoo's board meets today to examine the options for avoiding a hostile takeover by Microsoft, the Wall Street Journal reports. Experts think a Microsoft grab is still the most likely scenario, but the situation has grown increasingly complicated in the midst of discussions of an AOL-Yahoo merger, Yahoo's proposed trial...

Internet Bigwigs Fight NY Law on Tracking Web Users

Companies say they have a right to collect information for advertisers

(Newser) - Google, Yahoo and a bevy of Internet biggies have joined to fight a proposed New York state law that would limit their ability to collect information about people's web habits for advertisers, reports the Wall Street Journal. The coalition says the law would endanger the future of online advertising and...

Yahoo, AOL May Merge; Murdoch-Microsoft In Talks

Two Internet-shaking deals stem from Microsoft-Yahoo talks

(Newser) - Two groundbreaking Internet deals are in the works, both related to Microsoft's desire to take over Yahoo, the Wall Street Journal reports. In one, Yahoo is considering combining its online operations with Time Warner's AOL. In the other, Rupert Murdoch's News Corp. is in talks to join Microsoft in its...

Yahoo, Microsoft Execs Meet to Discuss Buyout

Gates' team explains its vision; no negotiations take place

(Newser) - For the first time since Microsoft made an unsolicited—and unwelcome—$44.6 billion bid to take over Yahoo Jan. 31, executives for the two companies sat down this week to discuss what a post-merger company might look like, reports the Wall Street Journal. No negotiations took place, the Journal ...

AOL Goes Social, Buys Bebo
 AOL Goes Social, Buys Bebo 
Mar 13, 2008 1:46 PM CDT

AOL Goes Social, Buys Bebo

$850M acquisition for a company struggling to change roles

(Newser) - AOL will buy Bebo.com for $850 million in an attempt to enter the social networking market, the Wall Street Journal reports. Bebo has 22 million unique visitors a month, well behind MySpace's 109 million, but the site’s strong European presence will give AOL access to key youth demographics...

Late Adopters Send Message to Tech Industry

Using their Netscape browser over a dial-up AOL connection

(Newser) - Netscape Navigator is still the browser of choice for 0.14% of Internet users, which doesn’t sound like a lot, until you realize that’s over a million people. They, and other late adopters like them, are becoming a rare breed in today’s world of automatic updates, but...

As AOL Looks for Answers, Time Warner Hopes for Deal

The parent of the struggling Internet giant says AOL needs a partner

(Newser) - AOL’s efforts at launching an Internet ad-sales business—dubbed Platform A—continue to stumble, the New York Times reports. Parent Time Warner Monday fired another exec and yesterday said it’s willing to combine AOL with another company to jump-start the moribund division it’s already spent $1 billion...

The Internet Is Watching You
The Internet Is Watching You
Mar 10, 2008 12:30 PM CDT

The Internet Is Watching You

Biggest companies gather data on the average user hundreds of times a month

(Newser) - Long gone are the days of Internet anonymity. Big Web companies know all about you, says a study commissioned by the New York Times. The Internet giants track users’ behavior across sites, gathering details on a typical person several hundred times a month. That information lets them target content and—...

Yahoo Buys Time to Delay Proxy Battle

May postpone meeting to pursue talks with Microsoft, AOL

(Newser) - Yahoo may postpone its annual meeting to delay a proxy battle with Microsoft, reports the New York Times. The move would temporarily fend off a hostile takeover bid by the computer giant, and buy Yahoo some time to weigh its options, including a negotiated deal with Microsoft and a merger...

You've Got No Mail: DC Techies Ponder Life After AOL

Relocation is struggling sector's latest setback

(Newser) - AOL is moving its HQ to New York, cutting nearly half of its 5,700 DC-area jobs, and leaving serious questions about the Washington, DC area’s tech industry in its wake. AOL’s declining fortunes have already hurt the sector, but local techies and VCs have fought back with...

Time Warner Plans AOL Spin-Off
Time Warner Plans AOL Spin-Off
UPDATED
Feb 6, 2008 11:44 AM CST

Time Warner Plans AOL Spin-Off

New CEO also considers selling Time Warner Cable

(Newser) - In an effort to revive the company's slumping stock, Time Warner's new CEO plans to break up AOL, keeping its growing online ad properties, but unloading its increasingly obsolete dial-up Internet service provider. Operating income at AOL fell 70% in the fourth quarter, as the company continued to lose Internet-access...

AOL Pulls Plug on Netscape Browser
AOL Pulls Plug on Netscape Browser
Dec 28, 2007 7:14 PM CST

AOL Pulls Plug on Netscape Browser

Service provider throwing weight behind Mozilla, Firefox

(Newser) - AOL today announced that it will discontinue support and development of its Netscape Navigator browser, a program that first introduced many to the Internet when it launched 13 years ago. But, CNET's Stephen Shankland writes, Microsoft's Internet Explorer ate into market share for Netscape, which was bought by AOL—which...

Time Warner Focus Turns to Possible Breakup

Investors want stripped-down, agile company

(Newser) - What do you do when you take over the world’s biggest media company? If you’re new Time Warner CEO Jeffrey Bewkes, you probably sharpen some knives. Bewkes may soon spin off AOL as well as the conglomerate’s cable and magazine divisions, Bloomberg reports. “There’s nothing...

Google Keeps Growing, Stock Keeps Rising

Predictions of $900 stock price as engine's market share grows

(Newser) - Google is already the US most popular search engine, but new data indicate it enjoyed a substantial jump in traffic this past month. Reuters reports that the search giant accounted for 58.5% of the American market. Google is trailed by Yahoo, Microsoft, IAC (the owners of Ask.com), and...

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