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Tag: yahoo
2009-01-08 00:23:50| paidContent.org
An unspecified group of investors is gearing up a buyout offerall with financing from Microsoft, reports Techcrunch, citing unidentified sources. The buyout terms call for $13 per share, which would value Yahoo (NSDQ: YHOO) at around $20 billion. By way of perspective, MSFT offered to buy Yahoo early last February for $31 per share, and in May, upped its offer to $33, before ultimately being rejected. Since then, Yahoo's fortunes have taken a turn for the worse, as the financial markets melted this past fall. As for what would happen if the takeover succeeds, Techcrunch's sources claim they would try to convince former Yahoo staffers to return after installing a new executive team. They also say that this deal would leave Yahoo standing independently, though it would still be tightly connected to Microsoft (NSDQ: MSFT). A Yahoo rep had no comment on the Techcrunch report, and Microsoft reps were unavailable. This latest turn in the never-ending MSFT-YHOO takeover saga follows a report at the end of November that said Microsoft was putting together a deal that would ultimately net it Yahoo's search business for $20 billion. That rumor involved Velocity Investment Group founders Jonathan Miller and Ross Levinsohn taking control of a new Yahoo new search division with a promise to match MSFT's funding with $5 billion from external investors. Levinsohn, however, denied there was any truth to it. Related Update: Microsoft, Yahoo Said To Be Hammering Out $20 Billion Search Buyout; Denied Yahoo Shareholder Pleads With Board To Make $15 Billion Search Deal With Microsoft Icahn: No MSFT-YHOO Search DealFor Now; Opposes Sale To Miller Microsoft's Ballmer: Read My LipsNo Bid For Yahoo Our streamlined mobile application for the BlackBerry and other smart devices brings you the latest headlines quickly on the go. Click here to download.
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2009-01-07 23:56:23| paidContent.org
Here are two related items from the Consumer Electronics Show (CES) about efforts to offer greater connection between the web and the living room: Yahoo creates 'widget engine' for Samsung: Samsung and Yahoo (NSDQ: YHOO) are working on a web-based content service to be released this spring. Yahoo has created a "widget engine" for Samsung HDTVs, which will allow viewers to check out Yahoo sites like Flickr, Yahoo News and Yahoo Finance, as well as outside interactive content from USA Today, YouTube, Showtime Networks, and others. The interactive service will be available on sets sold in 13 countries including the U.S., U.K., Mexico, France, Spain and Germany. Release LG unveils broadband HDTVs: Yahoo's widget engine will also power LG (SEO: 066570) Electronics' NetCast Entertainment Access HDTV feature. In addition to Yahoo, LG also has deals with YouTube and Netflix (NSDQ: NFLX). Recognizing that users aren't going to jettison their PCs entirely, consumers will also be able to connect their NetCast-equipped HDTVs into a home network to access JPEG photos or MP3 music files stored on their computer to create slide shows and listen to music on their big screen. Release
2009-01-06 22:32:16| ScriptLance Projects
2009-01-02 17:20:02| digg
Yahoo and Intel built their success upon widespread use of personal computers, but the two companies hope products to be shown at next week's Consumer Electronics Show will mark the beginning of their Internet-fueled expansion to the world of TV as well.
2008-12-30 17:01:06| cheezhead
Tom Musbach, a writer for Yahoo! Hotjobs, recently penned an article about career do's and don'ts that sparked a fiery response from a managing editor at Newsbusters.org.
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