The Associated Press is leading the formation of a news-licensing entity that it hopes will help publications collect royalties from content distributed through mobile phones, tablet computers and wireless-computing devices.
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Analysts expect the leading Web portal to report a 15% increase in earnings for the second quarter, largely due to cost cutting. Revenues are expected to be flat year-over-year.
Continue reading Yahoo Earnings …
Just a few months after Google exited the Chinese search market, Microsoft and Chinese e-commerce giant Alibaba Group have partnered to launch their own Chinese search site, Etao.
Continue reading Alibaba and M…
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.
AOL (AOL), DailyFinance‘s parent company, has discussed a possible bid for Yahoo with private equity firms, according to reports.
In February 2008,…
Continue reading Yahoo Hires Goldman Sachs to Deal With Takeover Bids
Yahoo Hires Goldman Sachs to Deal With Takeover Bids originally appeared on DailyFinance on Thu, 14 Oct 2010 06:46:00.
Filed Under: Company News, Technology, Media, Goldman Sachs , Microsoft, Yahoo, Credit, AOL
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…