Yahoo finally struck a deal with the competition!
But, not Microsoft. Yahoo execs announced the company has reached an advertising deal with Google. In a nutshell, Yahoo will be able to display Google ads with Yahoo search engine results. Yahoo reps hope the deal will bring in an estimated $800 million a year.
CEO Jerry Yang spoke of convergence and flexibility in a […]
Video game publisher Take-Two Interactive Systems posted jaw-dropping (in a good way) earnings today due to higher-than-expected sales of Grand Theft Auto IV.
Sales of Grand Theft Auto IV have generated over $500 million in revenue for Take-Two since its April 29 debut. The release was posptoned for six months but it appears the delay did not phase sales […]
Microsoft announced today that their first quarter revenues were pretty flat and profits fell. Definitely not a good look! The company’s very public and controversial courting of Yahoo certainly isn’t helping the situation. Hmmm… “courting” implies consent and this is anything BUT consensual!
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Yahoo Inc. announced first-quarter sales and profits today that surprised investors. The search giant posted net income of $542 million, or 37 cents per share. That income includes gains from an investment in Chinese Internet stock Alibaba.com.
Yahoo predicted more good news: second-quarter revenue of $1.73 to $1.93 billion.
It’s not certain what this […]
After claiming that Microsoft’s offer to buy Yahoo was too soft, Yahoo has begun wooing (once again) Time Warner’s AOL.
Initial reports in the Wall Street Journal indicate that Time Warner (TWX) would fold AOL into Yahoo and infuse cash into the company in exchange for a 20% stake of the combined company. In return, Yahoo […]
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Microsoft Corp. has given Yahoo an ultimatum: move it or answer to your shareholders.
This week, the corporate giant sent a letter to the Yahoo Board of Directors with a deadline for responding to it $40 billion buyout offer. The letter promised that Microsoft […]
Today Dell Computers (DELL) announed that it plans to buy $23 billion of components from China this year and $29 billion from China in 2009. With the US economy facing a recession reducing costs is a critical moving foward.
This news is not a surprise though as other companies have already been approaching the matter in […]
Expect to see General Motors Corp (GM) releasing its first lithium-ion battery powered hybrid engine system to the market by 2010.
This new lithium-ion battery will deliver an impressive three times the power of GM’s current nickel metal hydride batteries.
Lithium-ion technology as it is called has been at the top of research teams priority lists recently […]
Where talk is money.
Written by Tisa Silver [email] for b5media.
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