According to a report by the AP, in a note to investors, a Susquehanna Financial Group analyst, C. Ming Zhao, said the Baidu, the chinese online search engine operator's traffic surged in late February, due to a return to normal Web usage in the wake of the Chinese New Year holiday and searches for photos related to a sex-photo scandal that involved some Hong Kong celebrities. "While the … [Read more...]
Marchex President Sells 22,000 Shares
The president and CEO of Marchex, John Keistersold, sold 22,000 shares of common stock under a prearranged trading plan for $9.05 apiece.The stock sale was conducted under a prearranged 10b5-1 trading plan which allows a company insider to set up a program in advance for such transactions and proceed with them even if he or she comes into possession of material nonpublic information. … [Read more...]
Murdock: News Corp is Out of Yahoo Bidding
According to reports, Rupert Murdoch said he will not battle Microsoft to act as a white knight for Yahoo 'We're not going to get into a fight with Microsoft, which has a lot more money than us,' Murdoch was quoted in the Financial Times as saying. 'We're very happy to be in the Google camp,' the Hollywood Reporter quoted Murdoch as saying. News Corp's online social network MySpace has a … [Read more...]
Yahoo/ Microsoft Update
It is over a month since Microsoft announced its initial bid to buy Yahoo for $31 a share We thought we catch up on some developments. Yahoo pushed back the March 14 deadline to nominate Yahoo’s board members until 10 days after it sets a date for its annual stockholder meeting. Yahoo has not set a date for its next annual stockholder meeting. Under Delaware law, It could push the date … [Read more...]
Google: Another insider Sell Shares
Last week we let you know that the Vice President of Google sold 19,472 shares, today it was annouced that a director of Google, John L. Doerr, sold 32,650 shares of common stock under a prearranged trading plan, for between $455 and $469.25 a share. The stock sale was conducted under a prearranged 10b5-1 trading plan, which allows a company insider to set up a program in advance for such … [Read more...]
Google get 66% of all U.S. Internet Searches
In a report released today by Hitwise, Google received 66% of all U.S. Internet searches during the four weeks ended Feb. 23. In the year-ago period, Google received 64% of all U.S. Internet searches. Yahoo received 21% of U.S. Internet searches, Microsoft's MSN Search received 7% and Ask.com received 4% of searches during the period. … [Read more...]
Marchex Director Buy Shares
A director of Marchex Inc., Nicolas Hanauer, bought 98,000 shares of stock of Marchex, a week ago Friday, on February 22, for between $8.26 to $8.50 a share. … [Read more...]