In a report published by the Wall Street Journal today they report that Microsoft will not raise it's $31 a share bid for Yahoo stating that the original bid is looking better given the downturn in the economy and a falling stock market, the sources say. "There's no reason to bid against ourselves," a source told the Journal. The newspaper is also reporting that "other people familiar with … [Read more...]

Live Current, the company formerly known as Communicate.com, reported its financial results for the fourth quarter and fiscal year ended December 31, 2007.  Total revenue for the year ended December 31, 2007 increased 17% to $9.1 million compared to $7.8 million for the same period in 2006. Moreover in 2006 revenue was boosted by the sale of two domain names, Vancover.com and Wrestling.com for … [Read more...]

According to a report by the research firm comScore, Inc., Google had its second straight month of disappointing growth in paid clicks. Data from comScore indicate that Google's paid clicks in February rose only 3% compared with the same month a year earlier. Paid clicks are the number of times Google search users click on a sponsored-search result, generating revenue from the company's … [Read more...]

Communicate.com (CMNN.ob) changed its name to Live Current Media, Inc. The company also announced it has entered into an agreement to acquire Auctomatic, an early stage start-up.  Auctomatic has developed commerce technology and tools that enable sellers to easily transact online through sites such as eBay. The acquisition is expected to close in May. The company had this to say about the … [Read more...]

Accordingto reports, a Citigroup analyst, Mark Mahaney upgraded Yahoo to a buy and predicted that Microsoft Corp. will raise its bid to $34 a share, saying that, despite the uncertainty surrounding the proposed merger, Microsoft is determined to pursue the deal, even at a higher price. "We believe the likelihood of Microsoft of walking away from the deal is small," he said in a research note. … [Read more...]

In a very interesting article published by Dow Jones today, the question is asked is Google of Today like Yahoo of 1999. The article states: """"In 1999, it would have been presumptuous to compare the fledging online search company Google with the world's most popular Internet portal, Yahoo.""" """Google of today finds itself in a position similar to the Yahoo of old: Both are … [Read more...]

A sale of communications airwaves by the federal government to the commercial wireless industry closed Tuesday, after 261 rounds of bidding and $19.6 billion in bids.The Federal Communications Commission has not revealed who the winners of the valuable radio spectrum licenses are The sale has been among the most closely followed in the 15-year history of airwaves auctions as the spectrum being … [Read more...]