According to a report by information service Hitwise, Google Inc. received 67% of all U.S. Internet searches during the four weeks ended March 29. Google received 64% of all U.S. Internet searches in the same period a year earlier. Yahoo Inc. received 20% of U.S. Web searches, MSN Search drew 7% and Ask.com 4%. … [Read more...]

The back and forth very public negoiations and posturing between Yahoo and Microsoft continued today with Jerry Yang, chief executive of Yahoo, and Chairman Roy Bostock senting a letter Monday to Microsoft CEO Steve Ballmer, reiterating that the current offer is “not in the best interests of shareholders” of Yahoo. “We are open to all alternatives that maximize stockholder value,” Yang and … [Read more...]

According to reports, Yahoo Inc. is going to show off a major upgrade to it advertising network tommorow, called "Amp",  with an online video demonstration Yahoo promises Amp will make it easier for advertisers to aim their messages at specific demographic groups across scores of Web sites. "This is a revolutionary approach that will allow marketers and publishers to deliver a more … [Read more...]

One day after Reuter reported that Microsoft was "evaluation" its offer for Yahoo based on worsening marketing conditions, on Saturaday, in a a letter to Yahoo's board,  Microsoft CEO Steve Ballmer said his company is tired of waiting for Yahoo to work out a deal, warning that if a deal wasn't reached by April 26 the software maker would launch a hostile takeover at a less attractive price. "It … [Read more...]

According to a report published by Reuters Microsoft is “evaluating” its $42 billion offer for Yahoo. The comments, suggest Microsoft is considering walking away should Yahoo fail to agree to terms, come on the heels of reports that executives at the two tech titans met this week but failed to reach an agreement on the cash and stock offer. Microsoft is worried that a slowing economy and … [Read more...]

Bernstein Research analyst Jeffrey Lindsay, increased it price target on Google today to $750 a shares stating that Google is poised to gain from changes to its online ad platform, AdWords, which should drive revenue higher. According to Lindsay, Google by changing its AdWords program by 'slapping' low quality advertisers and arbitrage marketers off its search results pages by re-pricing many … [Read more...]

banks.com one of the companies in our Domain Parking Stock Index reported its earnings yesterday For the year ended December 31, 2007, Banks.com reported revenue of $27.8 million, an increase of 8% increase over fiscal year 2006 revenue. GAAP net income was $1.7 million or $0.06 per diluted share versus $3.4 million or $0.12 per diluted share for the year ended 2006. … [Read more...]