According to a report in Fortune Magazine, Business.com may be back on the market once again. As you may know, last year Business.com was sold to Donnelly, a publically traded yellow pages company for $345 million in cash. At that time, Donnelly was worth more than $3 billion. Today, the whole company's market cap is worth less than what it paid for Business.com - $338 million at Thursday's … [Read more...]
Yahoo-Microsoft: Get Ready To Rumble
Accroding to a report by the Wall Strett Jounral Microsoft may go hostile in its bid for Yahoo Inc. as soon as Friday. The Wall Street Journal reported early Friday that Microsoft may be preparing to go straight to Yahoo’s shareholders. An announcement was “likely” to come Friday. … [Read more...]
Microsoft: May Just Walk Away
Microsoft's CEO Steve Ballmer reiterated today that he was prepared to walk away from his attempt to buy Yahoo if his other options don't look good. Ballmer made his comments during a regularly scheduled town hall meeting with employees, during which workers questioned him about Microsoft's pursuit of Yahoo. Recent reports have suggested that the software company's rank-and-file are growing … [Read more...]
Yahoo-Microsoft: 5 days after Deadline, Things are Very Quite
Last Saturday marked the deadline that Microsoft imposed on Yahoo several weeks ago to accept its buyout offer or Microsoft would launch a hostile take over. Microsoft declared it would launch a proxy fight to oust Yahoo's board or walk away from the deal if the two failed to reach an agreement by April 26. So far there has been no word for Microsoft and on Tuesday a spokesman said Tuesday … [Read more...]
Marchex Goes Mobile
Marchex announced today that it has extended its local advertising strategy to the mobile market, entering into agreements to provide call based advertising services to three leading mobile advertising providers: AdMob, Ringleader Digital and 4INFO. Marchex’s VoiceStar subsidiary will deliver call tracking services to all three companies, enabling them to … [Read more...]
Need a Job: Tucows is looking for an “Associate Domainer”
In the last several weeks some blogs have dedicated posts questioning whether Tucows was warehousing some of their expired domains instead of letting them drop into their auction system. Guess the debate is over as Tucows announced today that they were hiring someone for the job. According to Tucows blog they are looking to fill the position of "Associate Domainer" In their annoucement … [Read more...]
Old Media Invests in New Media
Cox Enterprises Inc., an old media company which owns television stations and newspaper bought a New Media company startup today for $300 million, in a all cash deal. Cox bought Adify Corp.,whose technology platform helps Web sites more successfully sell higher priced ads targeted to specific audiences, such as parents or travel enthusiasts, keeping brand name advertisers from going to Google … [Read more...]