Google has acquired Zagat for an undisclosed sum. Google executive Marissa Mayer said in a blog post that Zagat will become a “cornerstone” of Google’s local services, which include listings and maps…
Category: Publicly Traded Domain Co
Rumor Of The Day: Will Verisign Be Bought Out?
Verisign is up big for the 2nd day in a row on rumors that it maybe in play to be bought out. Yesterday Chief Financial Officer Brian Robins cancelled a planned appearance…
Bartz Out As CEO Of Yahoo & Shares Rise Over 5%
AllThingsD.com is reporting that Carol Bartz is out as the CEO of Yahoo. CFO Tim Morse has been named interim CEO. Bartz term at Yahoo I think by all accounts was less…
Google To Pay U.S. $500 Million To Settle “illegal” Pharmacy Ads
According to the Wall Streeet Journal, Google has agreed to pay $500 Million dollars to the US government to avoid prosecution over allegations that it knowingly accepted hundreds of millions of dollars in…
Bnet.com: Demand Media’s Dodgy Accounting Decoded: It May Never Make a Profit
A blog post published on BNet.com, entitled “Demand Media’s Dodgy Accounting Decoded: It May Never Make a Profit”, caught my attention especially on a day that Demand Shares hit an all time…
VC Fund Buys 5.3% Of Verisign or More Than $250 Million Worth
According to Theflyonthewall.com, a Venture Capital firm has taken a 5.3% equity interest in Verisign. The company is ValueAct and at the closing price of VeriSign of around $30 a share Verisign…
FriendFinder Networks Loses Another $12 Million
FriendFinder Networks Inc. (Nasdaq: FFN), announced financial results for the second quarter and six months ended June 30, 2011. Net Loss for the second quarter of 2011 was ($11.9 million), or ($0.55)…