Google after reporting blowout numbers for the 1st quater, blew past $500 winding up at just under $540 up $89.87 for the day. Google hit an intraday high of $547. Baidu was up over 10% or $31.25 a share following Google lead … [Read more...]
Google’s 1st Q profits Tops Estimates: Stock up 20% after hours
Google released it 1st Quater profit's today after the market closed soundly beating Wall Street's estimates., Google's net income rose 30% to $1.31 billion, or $4.12 per share. Excluding one-time charges, Google said it earned $1.54 billion, or $4.84 per share, beating estimates of analysts polled by Thomson Financial, who typically exclude one-time items from their estimates, of $4.52 … [Read more...]
Live Current signs 50M Deal
Communicate.com, now Live Current Media Inc., part of our Domain Parking Stock Index, announced today that it will launch IPLT20.com tomorrow as the official site for the DLF Indian Premier League, and will become the exclusive online provider of content from the Board of Control for Cricket in India and the DLF Indian Premier League. Under the ten year agreement … [Read more...]
WSJ: Yahoo Close to Deal with Google
According to a report published today by the Wall Street Journal, Yahoo is closer to outsourcing its core ad search business to Google, after favorable testing of Google's advertisements on its search pages. The WSJ said that a deal between Yahoo and Google is increasingly likely given the status of the testing. The report also notes that such an outsourcing deal could give Yahoo a boost in its … [Read more...]
Yahoo Share of Seach Ad Spending Increased in 1st Q
According to report today by SearchIgnite, a paid search management technology solutions firm, Yahoo posted a 57.6% growth in search ad spending in the first quarter compared to a year ago. Yahoo's share of search ad spending in the first quater increased to 24.2% from 19.6% in the first quarter a year ago. Google's share of the market fell in the first quarter to 70.4% from 74.5%, and … [Read more...]
Yahoo and AOL in a Partnership???
According to a report tonight in the Wall Street Journal, Yahoo and AOL are closing in on a deal to combine their Internet operations, a move that could thwart Microsoft Corp.'s effort to acquire Yahoo. The possible Yahoo-AOL partnership, is according to the Journal, part of a plan by Yahoo to present shareholders with alternatives to accepting Microsoft's unsolicited offer. According to the … [Read more...]
Yahoo to test it’s traffic at Google
In a move that would quite bad for the domain industry, if it became permanent, Yahoo announced today that it was beginning a 2 week test of about 3% of its traffic through Google's adsence program. Yahoo stated that "The testing does not necessarily mean that Yahoo will join Google's AdSense for Search program or that any further commercial relationship with Google will result," This is … [Read more...]