In an article in the smallcapinvestor.com about communicate.com, the author gave communicate.com high marks and recongized the value of domain names in general: """Communicate.com owns highly valuable Internet domain names. Domain names, although their intrinsic value is difficult to assess, have been sold for extremely high prices. Beer.com went for $7 million. Porn.com was snapped up for $9.5 … [Read more...]
Google: Microsoft Acquisition of Yahoo would be “Bad for the Internet”
In a report published on Monday, Google said it was concerned about the free flow of information on the Internet if Microsoft was to succeed in acquiring Yahoo.“We would be concerned by any kind of acquisition of Yahoo by Microsoft,” Chief Executive Eric Schmidt told reporters. “We would hope that anything they did would be consistent with the openness of the Internet, but I doubt it would … [Read more...]
Yahoo Looks to the Future
Yahoo says it expects to roughly double operating cash flow over the next three years and generate $8.8 billion in revenue after costs in 2010.Yahoo says its three-year financial plan support the board's determination that Microsoft's Jan. 31 takeover bid undervalues the company. Sunnyvale, Calif.-based Yahoo Inc. continues to expect first-quarter revenue of $1.28 billion and $1.38 billion and … [Read more...]
Microsoft Buys online ad company
On Friday Microsoft announced that they bought Rapt, a San Francisco-based online ad management firm, for an undisclosed sum. The move came three days after Google's closed on its 3.3 billion dollar, acquisition of DoubleClick. Both acquisitions are a sign of the heated battle between the companies for a share of the growing display advertising market. Since Google announced its intention … [Read more...]
Yahoo Microsoft Talk
According to the Wall Street Journal, Senior executives from Microsoft and Yahoo met for the first time Monday to discuss Microsoft's takeover offer for the internet company, a breakthrough that could be the first step toward a friendly deal between the two rivals. However, no bankers attended and no further talks have been scheduled, according to the Journal report. The meeting occurred … [Read more...]
AOL Buy’s Social Networking Site for 850 Million
AOL Annouced today that it will pay $850 million in cash to acquire social media network Bebo, which has total global membership of more than 40 million. Bebo is one of the largest social networks in Britain, and is ranked number one in Ireland and New Zealand and number three in the U.S, according to AOL. News Corp. , which also owns the Fox television and movie studios, in addition to … [Read more...]
Disney: Not buying AOL
The CEO of Disney, Robert Iger, speaking to a media conference in New York, said today that Disney would had no interest in acquiring AOL from Time Warner, which is expected to be on the market shortly. According to other reports Yahoo has been talking to Time Warner about entering into some relationship to fend off Microsoft's bid. … [Read more...]