In the second major Internet acquisition of the day, CBS Corp. agreed to buy online technology news and entertainment company CNet Networks Inc. for about $1.75 billion or $11.50 per share. The…
Ask.com goes on a .com Shopping Spree
Ask.com bought several reference sites including Dictionary.com, Thesaurus.com and Reference.com in its acquisition of Lexico Publishing Group LLC. Terms of the deal, set to be announced Thursday, aren’t being disclosed. Dictionary.com is…
Google now Number 1 Site in U.S.
According to a report in the Associated Press, Google for the first time, has passed Yahoo as the most popular Web destination in the U.S., according to research firm comScore Inc. Google…
Verisign Granted the Patent for Re-Directs
According to a report by the Assoicated Press,VeriSign, Inc., won a patent for its SiteFInder Service which directs users to landing pages when they mistype a web address on March 4, 2008….
Yahoo Here Comes the Fight
According to a report in the Wall Street Journal today, as we discussed yesterday, Billionaire investor Carl Icahn is launching a proxy contest to unseat Yahoo’s board of directors. Icahn plans to…
Icahn May Launch a Proxy Battle for Yahoo
Late today, reports surfaced that Carl Icahn acquired up to 50 million shares in Yahoo. According to the reports, Icahn is considering mounting a proxy fight to take control of the board…
What Should Microsoft Do With That $46 Billion?: How About Buy Domains
So now that Microsoft’s attempt to buy Yahoo has failed (at least for now) what can Microsoft do to take traffic away from Yahoo and Google and move it to MSN? How…