As we all know Yahoo turned down Microsoft's offer to buy them for the first time over 2 years ago at $40 a share. Then in January when Yahoo was floundering at $19 a share, Microsoft came along and offered $31. Yahoo said there stock was less no less than $37 a share and turned Microsoft down. Microsoft reportedly raised their offer, informally to $33, Yahoo said no again, they wanted … [Read more...]

Banks.com one of the stocks in our domain parking stock index took a huge hit today down 29% to $.17 a share. The company which was trading over $1 a share in March, disclosed on July 7th that it was in default of a certain "Investment Agreement" in the aggregate principal amount of $7.0 million  which could cause them to lose their prized domain name IRS.com According to the SEC … [Read more...]

Congress held 2 separate hearings today on the The Yahoo-Google-proposed partnership. Both the Senate Judiciary subcommittee and the House Judiciary subcommittee held hearings and here are the highlights: Senate Judiciary Antitrust Subcommittee Chairman Herb Kohl, D-Wis., stressed that his panel will look at whether the deal, which will give Yahoo access to certain Google advertising tools, … [Read more...]

This week Google is off to capital hill to try to get congress to OK their deal with Yahoo. In written testimony submitted by Google to the Senate Judiciary Committee, the company's chief legal officer, David Drummond, said the "ad deal with Yahoo is good for consumers, advertisers and Web publishers". "The whole system becomes more efficient: People see and click on more ads that are useful … [Read more...]

Yahoo is reportly set to annouce today a new service called "Build Your Own Search," or BOSS. With this system any Web site will be able to assemble a search engine using Yahoo's system for indexing information and images on the Internet. Yahoo says it is going to provide access to a set of tools that would cost more than $300 million to build from scratch. All Yahoo wants in return is … [Read more...]

Microsoft announced today that it was backing investor Carl Icahn's hostile takeover bid to replace the Yahoo's board of directors. Microsoft also stated that in the event Icanh was successful, they would reconsider purchasing Yahoo's search business or go back to making an offer for the entire company. This should be welcome news to domainers who have been dreading a Google - Yahoo deal. … [Read more...]

According to a report today by the Wall Street Journal, Microsoft is preparing a new bid for Yahoo’s search business and has approached other media companies about joining it in a deal that would effectively lead to Yahoo’s breakup. According to the Journal. Microsoft has already held talks with Time Warner and News Corp. Also accoring to the report representatives from Microsoft have, met with … [Read more...]