It’s being reported that there’s ‘secret’ discussion going on between Rupert Murdoch’s News Corp and Yahoo, apparently in an attempt to find an alternative route to Microsoft buying it.
(more…)
Business
Changes to business digitisation brings
Murdoch Interested In Yahoo?
Green Paper: Ban UK Illegal Downloaders
The government is scheming new plans to slap down illegal music downloaders hard, with the ultimate threat of having their Internet access cut.
Under a leaked Green Paper draft consultation, it’s been mooted that Internet service providers should be obliged to take action over users downloading pirated material, with a “three strikes” rule giving them an e-mail warning, followed by suspension, and then termination of their contract.
(more…)Microsoft Buys Danger, Sidekick Makers
Microsoft’s wad may have failed to woo Yahoo yesterday, but they’ve had more luck flashing the cash at the software firm Danger Inc, makers of the software that powers T-Mobile’s hugely successful SideKick web phone.
(more…)Yahoo To Microsoft: No Thanks, Not Enough Money
The next twist in the Microsoft wants Yahoo story has just come to light.
Yahoo has filed a Form 8-K with the US SEC saying that after a jolly good think about it, Yahoo has decided that Microsoft’s unsolicited proposal to purchase them is not in the best interest of Yahoo.
Their detailed response was …
After careful evaluation, the Board believes that Microsoft’s proposal substantially undervalues Yahoo! including our global brand, large worldwide audience, significant recent investments in advertising platforms and future growth prospects, free cash flow and earnings potential, as well as our substantial unconsolidated investments. The Board of Directors is continually evaluating all of its strategic options in the context of the rapidly evolving industry environment and we remain committed to pursuing initiatives that maximize value for all stockholders.
Sky Files First Loss for Six Years
The interim results for UK satellite broadcaster Sky have been announced, with a £36 million pre-tax loss showing for the six-month
period ending 31 December – its first loss for six years.Balanced against the financial loss was otherwise positive news, like their ARPU raising to a record £421 per subscriber, an increase in subscribers and a lowering of the customer churn to 10%. (more…)
UK Banks Offer Rubbish Online Service
It won’t come as much of a surprise to many customers, but a study of 52 leading European financial services companies found that UK banks and building societies deliver poor levels of online customer service.
The survey, commissioned by IBM and Kana Software, was conducted via a “mystery shopping study” of financial services companies in the UK and Germany.
(more…)Yahoo Elbows Its Music Subscription Service, Microsoft Bid Updates
While the web is ablaze with talk of Microsoft’s possible buyout of Yahoo, the former search engine king is shunting its music subscription customers to Rhapsody as a cost-saving exercise.
American subscribers to Yahoo Music Unlimited can download an unlimited number of tracks, which only remain playable if the users keep up with their $6 per month payments.
(more…)Microsoft:Yahoo Merger: Letter From Microsoft To Yahoo
Here’s a copy of the letter in full between Steve Balmer and the Chair and CEO of Yahoo, for your delectation.
Board of Directors
Yahoo! Inc.
701 First Avenue
Sunnyvale, CA 94089
Attention: Roy Bostock, Chairman
Attention: Jerry Yang, Chief Executive OfficerDear Members of the Board:
(more…)Microsoft:Yahoo Merger Officially Floated – Holy Moly!!!
H O L D the phone!
Microsoft are reporting that they will be making a offer to purchase Yahoo for approx $44.6 billion in cash and stock.
This is not a joke, repeat, this is not a joke. It’s on the Microsoft site!
(more…)Top Google Three Committed for 20 Years
The three top people at Google, Larry Page and Sergey Brin and CEO Eric Schmidt have admitted to a 20 year pact to each other and the company.