The Wall Street Journal is reporting that that during her first company meeting yesterday, new CEO Carol Bartz told employees, her "gut" was telling her not to sell Yahoo's search business to Microsoft. Moreover, according to the same report, Yahoo directors don't feel "there's any pressure at all," to get the Microsoft deal done soon. Yahoo's Shareholders "gut" feeling in reaction, has … [Read more...]
Blodget: Yahoo-Microsoft Deal Will Get Done Now
It has been reported by several sources, that now that Yahoo has a hired a New CEO, an search deal between Microsoft and Yahoo will be announced possibly by the end of this month. Henry Blodget a frequent writer on the internet industry just published a story in the Silicon Valley Insider, that now that Yahoo has a new CEO that a deal with Microsoft should get done and soon. """Sources close … [Read more...]
Yahoo Names Carol Bartz New CEO; President Decker Resigns
According to the Wall Street Journal, Yahoo is going to name Carol Bartz, former chief executive of software company Autodesk, as the company's next CEO. Bartz was chairman, president and CEO of Autodesk for 14 years and stepped-down in April, 2006. During her tenure, the company diversified its product line and grew revenues from $285 million to $1.523 billion in FY06. Bartz previously held … [Read more...]
Google Has Only 1.5 Millions Advertisers??
According to the New York Times blog, Google had 1 million advertisers in 2007, 600,000 in 2006 and 360,000 in 2005. At that rate, UBS Analyst Ben Schacter told the Times, Google probably had between 1.3 million and 1.5 million advertisers by the end of 2008. Between 2003 and 2007, Google advertisers spent, on average, about $16,000 per year and according to the article, that figure changed … [Read more...]
Verizon Wireless Picks Microsoft Over Google
Verizon Wireless announced a five-year deal with Microsoft to be the default search provider on the wireless carrier's phones, as well as handling mobile advertising services.Microsoft CEO Steve Ballmer announced the deal Wednesday in Las Vegas at the Consumer Electronics Show. Effective in the first half of 2009, Microsoft will power search on Verizon's mobile portal as well as local and … [Read more...]
Barclays: 2009 Ad Market To Be Worse Than Post 9/11; Bright Spot Internet Advertising
According to new report by Barclays, Domestic ad spending is expected to drop 10% next year, worse than the declines felt in both the 1991 and 2001 recessions. The 10% figure comes a little over two months after Barclays pegged next year's decline at the considerably lesser 5.5%. Barclays said in 2010, spending should increase 1%. The 1991 recession caused a 1.9% decline, while the 2001 … [Read more...]
Is Google Still In Favor Of Net Neutrality Or Are They Working To Get In The Fast Lane
According to a report by the Wall Street Journal today, Google who has traditionally been one of the loudest advocates of equal network access for all content providers, known as network neutrality, has approached major cable and phone companies that carry Internet traffic with a proposal to create a fast lane for its own content Google . Network Neutrality under lying principle is that all … [Read more...]