A few months ago the industry was on its heels, troubled by reports on some blogs that Google was about to drop the domain channel from its PPC programs. Today with Google's announcement that it is actually opening AdSense for all domain owners, directly through Google, regardless of traffic levels, all domain holders should take a collective breath of fresh air. Here's some of our … [Read more...]
Yahoo Changes Severance Bonuses To Help A Sale
According to a regulatory filing that was made to settle a shareholder lawsuit, Yahoo overhauled a severance program it passed earlier this year to thwart an unsolicited buyout bid by Microsoft. The plan promised generous cash and stock benefits to virtually all of Yahoo's nearly 14,000 employees if they were fired, took a pay cut or resigned after being involuntarily reassigned to another job … [Read more...]
Google-Yahoo Agree to Concessions To Get The Deal Done
According to The Wall Street Journal', Google and Yahoo have reportedly submitted a list of concessions that in an attempt to appease antitrust regulators threatening to block the alliance. The companies offered their revisions to the U.S. Justice Department during the weekend. The Journal said Google and Yahoo are now willing to limit the amount of revenue generated from the partnership … [Read more...]
WSJ.Com: Yahoo-Google Deal Maybe Dead
The Wall Street Journal is reporting that Google may walk away from its proposed advertising deal. The Journal is reporting that both Yahoo and Google may walk away from the deal as early as next week because as reported here for some time, the Department Of Justice is looking to block the deal. On Wednesday, J.P. Morgan Internet analyst Imran Khan, in a note to clients said Yahoo should … [Read more...]
Lehman Cuts Google Price and Earnings Target
Lehman Brothers cut its price target on Googleto $600 from $620, and lowered its revenue and earnings estimates on the company for the second half of 2008 and 2009 based on the strong U.S. dollar. Google shares have lost more than 39 percent this year. For 2008, Lehman expects earnings of $19.21 a share on revenue of $15.93 billion, down from its earlier forecast of $19.46 a share on revenue … [Read more...]
Happy Birthday Google
On Sunday Google will be 10 years old. Larry Page and Sergey Brin founded Google Inc. on Sept. 7, 1998, with four computers and $100,000 that they received from an investor. Today Google has 20,000 employees and a $150 billion market value. Page and Brin, are now both 35 now and worth nearly $19 billion apiece. A true "Only in America" rags to riches story. And as much as we complain … [Read more...]
Canada Launches Review of Google-Yahoo Deal
Canada's Competition Bureau has launched a review of a proposed search engine partnership between Yahoo and Google amid concerns the deal will lead to rising costs for Canadian companies that advertise online. In July, the U.S. Department of Justice announced it was launching its own investigation into the deal Yahoo would outsource advetising placement to Google. Some experts say the deal … [Read more...]