Yahoo Hires Goldman Sachs to Deal With Takeover Bids

Yahoo

Yahoo (YHOO) has hired Goldman Sachs Group (GS) to help deal with possible takeover approaches, Bloomberg News reported.

Yahoo has been working with advisers for about two weeks, but has not received any offers, Bloomberg News said.

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AOL (AOL), DailyFinance‘s parent company, has discussed a possible bid for Yahoo with private equity firms, according to reports.

In February 2008,…

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Yahoo Hires Goldman Sachs to Deal With Takeover Bids originally appeared on DailyFinance on Thu, 14 Oct 2010 06:46:00.

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Sony Delays Release of Gran Turismo 5

The Gran Turismo 5 video game will not be released on Nov. 2 as scheduled, Sony (SNE) said.

The video game will be made available during the holiday season, Sony said. The company said that Kazunori Yamouchi, the game’s creator, is “creating the perfect racing experience.”

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The delay may frustrate some fans who have already spent as much as $100 to order the game, according to…

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Sony Delays Release of Gran Turismo 5 originally appeared on DailyFinance on Thu, 14 Oct 2010 06:25:00.

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Report: AOL Preparing Possible Yahoo Takeover Bid

AOL is reported to be collaborating with private equity firms to explore a possible Yahoo takeover attempt. In theory, an AOL-Yahoo deal would position the merged company to compete for online advertising dollars more effective…

Google Search Engine Pulls Further Ahead of Yahoo

Google’s search engine continues to leave competitors in the dust. According to a new report from ComScore, Google accounted for 66.1% of all U.S. searches in September, up from 65.4% in August, while Yahoo lost market share.
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