NewsTrust - Yahoo - Most Recent Stories: News (Mainstream)

Facebook unveils new messaging system

Mon, 15 Nov 2010 00:00:00 -0800

Computerworld - By Sharon Gaudin - Nov. 15 (News Report) - Swatting down recent rumors that it's launching an e-mail killer, Facebook today unveiled a new messaging system that will envelope e-mail, instant messages, Facebook messages and SMS. Facebook CEO Mark Zuckerberg launched what he calls a "modern messaging system" to handle the convergence of different kinds of messages and bring them together under one social umbrella. The system, which has been in the works for about 15 months, is designed to save all messages, meaning users will have a history of their communications.

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European standoff over search engine data

Sun, 05 Oct 2008 00:00:00 -0700

International Herald Tribune - By Kevin J. O'Brien - Oct. 05 (News Report) - Now, as the U.S. titans Google, Microsoft and Yahoo continue to retain personal data beyond the six-month time limit established this year by the European Commission, regulators say their patience is running thin.

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Google and Yahoo tread carefully in Beijing row

Fri, 22 Aug 2008 00:00:00 -0700

Financial Times - By James Politi, Richard Waters - Aug. 22 (News Report) - Since the end of last year, the California First Amendment Coalition, a free speech group with ties to the US tech industry, has been pushing the Bush administration to launch a trade dispute against China on internet censorship. A petition the group has filed with the Office of the US Trade Representative argues that American internet service providers were being severely damaged by restrictions placed on internet usage by Beijing. The curbs violate several international trade agreements, CFAC says, including the protocol China signed when it joined the WTO in 2001.

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The Oracle Collective - Yahoo Answers

Sun, 29 Jun 2008 00:00:00 -0700

New York Times - By Virginia Heffernan - Jun. 29 (News Report) - In the two years since it was introduced, Yahoo Answers has become second in popularity only to Wikipedia as a reference site. Unlike search engines, it doesn't direct seekers to lists of citations, databases, entries and advertisers. Instead, the service delivers questioners to other people who simply like questions, matching inquiring minds with know-it-alls.

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Yahoo turmoil continues with loss of more executives

Sat, 21 Jun 2008 00:00:00 -0700

The Guardian - By Jemima Kiss, Mark Sweney - Jun. 21 (News Report) - The latest departures include the Delicious founder Joshua Schachter and Brad Garlinghouse, the search division's senior vice-president who wrote the infamous "peanut butter manifesto" that criticised the internet firm's strategy.

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At Yahoo, the Exodus Continues

Fri, 20 Jun 2008 00:00:00 -0700

New York Times - By Miguel Helft - Jun. 20 (News Report) - The spate of departures leaves Yahoo's network division, which is responsible for almost all of the Yahoo portal, without its top leader and two of his four deputies. Mr. Lu is executive vice president for the search and advertising technology group. He oversaw engineering efforts for the company's search engine and search advertising technology. The departures have also affected the ranks of senior engineers and managers. Last week, Jeremy D. Zawodny, who joined the company in 1999 and helped start its developer network, said he was leaving. This week, Caterina Fake and Stewart Butterfield, the husband-and-wife team who founded Flickr and sold it to Yahoo in 2005, also announced their departures.

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Microsoft Revives Yahoo Fight Considers More Limited Deal

Mon, 19 May 2008 00:00:00 -0700

Wall Street Journal - By Robert A. Guth, Kevin J. Delaney, Matthew Karnitschnig - May. 19 (Special Report) - The move by Microsoft appears to be an attempt to stop Google from entering a search-related deal with Yahoo that's now under discussion and could be announced in coming days.

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Higher Offer by Microsoft Brings Yahoo to Table

Sat, 03 May 2008 00:00:00 -0700

New York Times - By Andrew Ross Sorking, Miguel Helft - May. 03 (News Report) - After a three-month standoff, Microsoft was in active merger talks with Yahoo on Friday, several people involved in the discussions said. Microsoft, which had threatened to abandon its bid or initiate an attempt to oust Yahoo's board, has increased its offer "by several dollars," one of the people said. But a deal was still far from certain. A person involved in the discussions said the chances of a friendly deal being reached were "still no better than 50-50."

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Murdoch's Role in Yahoo Fight

Sat, 12 Apr 2008 00:00:00 -0700

Portfolio - By Jeff Bercovici - Apr. 12 (Special Report) - ...when Murdoch took control of New York magazine, muscling out founder Clay Felker in a move that drew national attention. Felker, who owned about 10 percent of New York's parent company, considered Murdoch a friend and ally, and appealed to him for help when his board starting leaning on him to improve profits. Recognizing opportunity, Murdoch instead went behind Felker's back and bought up more than half the company's shares. Felker, one of the magazine industry's towering figures, soon resigned.

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Major Yahoo holder boosts stake as board meets to discuss options.

Sat, 12 Apr 2008 00:00:00 -0700

MarketWatch - By Benjamin Pimentel - Apr. 12 (News Report) - The move [to double holdings to 10% of shares] made Capital World Yahoo's largest institutional shareholder...it will also likely give the fund an even more powerful voice in the merger battle...Capital World [is]... the second largest institutional shareholder of Microsoft, with control of about 3% of the company's shares outstanding as of Dec. 31. "That was smart," analyst David Hilal of Friedman, Billings, Ramsey & Co....I'm still of the belief that Microsoft is going to buy Yahoo and they're going to raise their bid. And I'm assuming they're making the same bet over there [at Capital World]."

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Gaming the 'net

Fri, 11 Apr 2008 00:00:00 -0700

New York Post - By Peter Lauria, Zachery Kouwe - Apr. 11 (News Analysis) - Battle lines are being drawn over control of the Internet, with Microsoft on one side, Google on the other and Yahoo!, Time Warner's AOL, and News Corp. racing to align with one or the other.

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News Corp., AOL Pursue Yahoo Deals

Thu, 10 Apr 2008 00:00:00 -0700

Wall Street Journal - By Matthew Karnitschnig, Kevin J. Delaney, Merissa Marr - Apr. 10 (News Report) - Yahoo Inc. and Time Warner Inc.'s AOL are closing in on a deal to combine their Internet operations, a move aimed at thwarting Microsoft Corp.'s effort to acquire Yahoo, people familiar with the matter said Wednesday.

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Yahoo's Rejection Pressures Microsoft To Mull a New Bid

Mon, 11 Feb 2008 00:00:00 -0800

Wall Street Journal - By Robert A. Guth, Kevin J. Delaney, Matthew Karnitschnig - Feb. 11 (News Report) - The decision to reject the offer, reported Saturday, signals that Yahoo's board is digging in for what could be a long battle. The directors have been considering various other scenarios to avoid selling to Microsoft, including outsourcing its search advertising to Google Inc. to boost revenue and provide greater latitude to try to remain independent, say people familiar with the matter.

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Darwinian tech world makes lagging Yahoo ripe for harvesting

Mon, 04 Feb 2008 00:00:00 -0800

San Jose Mercury News - By John Boudreau, Mike Antonucci - Feb. 04 (News Analysis) - After just 14 years in which it helped launch the Internet age, Yahoo has hit "middle age" and faces the fate of many other iconic Silicon Valley companies, becoming takeover bait.

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Microsoft-Yahoo Deal Would Face Tough Scrutiny

Fri, 01 Feb 2008 15:25:51 -0800

Wall Street Journal - By Charles Forelle, John R. Wilke - Feb. 01 (News Report) - Microsoft Corp.'s $44.6 billion bid for Yahoo Inc. is expected to get a hard look from European and US antitrust enforcers and lawmakers, possibly delaying a completed deal for six months or more.

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DOJ 'interested' in antitrust issues raised by Microsoft bid

Fri, 01 Feb 2008 00:00:00 -0800

San Francisco Chronicle - By Dan Caterinicchia - Feb. 01 (News Report) - The Justice Department on Friday said it is "interested" in reviewing antitrust issues associated with Microsoft Corp.'s nearly $45 billion unsolicited bid for Yahoo Inc.

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Microsoft bids $44.6 billion for Yahoo

Fri, 01 Feb 2008 00:00:00 -0800

CNET News - By Ina Fried - Feb. 01 (News Report) - The move would be by far the largest acquisition ever for Microsoft. Its largest prior deal, also in the online-advertising space, was last year's $6 billion deal to acquire Aquantive. Asked on the conference call why Microsoft still needs Yahoo after buying Aquantive, Ballmer pointed to Yahoo's reach with consumers.

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Microsoft makes unsolicited $44.6 billion bid to buy Yahoo

Fri, 01 Feb 2008 00:00:00 -0800

San Francisco Chronicle - By Verne Kopytoff - Feb. 01 (News Report) - Microsoft Corp. has made an aggressive bid to buy struggling Internet behemoth Yahoo Inc. for $44.6 billion, in hopes that the combined forces would create a formidable competitor to industry leader Google Inc.

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Yahoo taken to task over China

Wed, 07 Nov 2007 09:11:55 -0800

Los Angeles Times - By Jim Puzzanghera - Nov. 07 (News Report) - Yahoo provided Shi's name to Chinese authorities in 2004 after they demanded to know the owner of a Yahoo e-mail address from which a government memo had been forwarded to an international human rights group. The memo had forbidden news coverage of the anniversary of the Tiananmen Square massacre. After Yahoo disclosed his identity, Shi was sentenced to 10 years in prison for divulging what China had deemed a state secret.

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Yahoo, Newspaper Chains Strike Ad-Sharing Deal

Mon, 20 Nov 2006 14:35:52 -0800

Associated Press - Nov. 20 (News Report) - Yahoo Inc. (YHOO) will work with seven newspaper groups to share online advertising in a deal that could help newspapers tap into the lucrative online ad market.

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