ANALYSIS
Iffy Q2 results make a deal, with Microsoft or Google, best option
BusinessWeek Jul 23, 08 12:09 PM CDT
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Yahoo’s earnings report yesterday didn’t portend an immediate turnaround, Catherine Holahan writes in BusinessWeek , meaning the company must do something to meet the “grandiose claims” it made in rejecting Microsoft’s bid. Some still see Yahoo ultimately taking that path, and expanding its deal with Google is another option that might justify Yahoo standing firm on its third-quarter and yearly forecasts.
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MARKETS
Pricier oil, Merck troubles outshine Bank of America's 'success'
MarketWatch Jul 21, 08 3:40 PM CDT
(Newser)
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The markets failed to hold on to early-session gains today as oil rose above $131 per barrel and the overall economic outlook remained downcast, MarketWatch reports. The Dow lost 29.23 points to close at 11,467.34, the Nasdaq fell 3.25 to 2,279.53, and the S&P 500 dropped just 0.68, settling at 1,260.00.
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MARKETS
Dow sees modest gains, Nasdaq loses; all indices post weekly gains
MarketWatch Jul 18, 08 3:23 PM CDT
(Newser)
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The markets were mixed today as poor results across the tech sector and from Merrill Lynch put the brakes on a two-day rally, MarketWatch reports. Good news from Citigroup kept the Dow buoyant, and it closed up 49.91, at 11,496.57. The tech-heavy Nasdaq took a 29.52-point dive, settling at 2,282.78, while the S&P 500 gained 0.36 to1,260.68.
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International demand keeps tech afloat even as economy sinks
Wall Street Journal Jul 18, 08 8:53 AM CDT
(Newser)
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The tech sector keeps rolling even as the overall economy continues to flail, the Wall Street Journal reports. Four of tech’s giants, Microsoft, Google, IBM and Nokia, posted quarterly results yesterday, riding high on developed nations’ need for cost-saving technologies and emerging economies’ demand for infrastructure upgrades as the Internet and cell phones enjoy wider use in the developing world.
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Yang admitted deal with Google would hurt competition: Microsoft
Los Angeles Times Jul 16, 08 11:08 AM CDT
(Newser)
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Congressional hearings on Yahoo's proposed ad deal with Google got a little heated yesterday, with a Microsoft lawyer testifying that Yahoo CEO Jerry Yang recently admitted, in a private meeting, that the pact would reduce competition, the Los Angeles Times reports. Yahoo’s general counsel said he recalled no such remarks at the meeting, and a spokesman later swatted the charge aside.
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Opinion
Microsoft off the hook as Congress goes
after its archrival
Seattle Times Jul 14, 08 2:10 PM CDT
(Newser)
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You have to forgive Microsoft if it indulges in some schadenfreude today, writes Brier Dudley of the Seattle Times. Archrival Google is facing a peril that’s all too familiar in Redmond. Steve Ballmer can sit back tomorrow as Google’s top execs go before the Senate subcommittee on antitrust, secure in the knowledge that he helped put them there.
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Viacom wants to see what YouTube workers are uploading
CNET Jul 13, 08 9:17 AM CDT
(Newser)
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Google is refusing to turn over records of content its employees at YouTube have uploaded, CNET reports. Two weeks ago, a judge ordered the company to disclose a huge set of user data, along with information on employees, as part of Viacom’s copyright claim. If workers uploaded copyright-protected material, the video-sharing site's protection under federal law could be in jeopardy.
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Google, others want
ad guidelines; feds
favor self-regulation
Wall Street Journal Jul 9, 08 5:23 PM CDT
(Newser)
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An federal official testifying at a Senate hearing today shot down calls for a federal law to regulate websites that track users' data for advertising purposes. The FTC doesn't think it's necessary to place a rule on the books—one that could quickly become obsolete—and instead encouraged "meaningful, enforceable self regulation," reports the Wall Street Journal .
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Big corporate dollars missing; internal inefficiency abounds
Wall Street Journal Jul 9, 08 10:50 AM CDT
(Newser)
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Google is still struggling to make advertising revenues from YouTube resemble the site's popularity, the Wall Street Journal reports, with big industry heavyweights still leery about placing their ads alongside amateur video. With a well-below-expectation $200 million in ad revenue forecast this year, it's obvious "most advertisers are still testing the waters on YouTube," one exec said.
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OPINION
Workers fume over charmed company's plan to raise fees
New York Times Jul 5, 08 2:51 PM CDT
(Newser)
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So much for Google the good. The search giant announced 2 months ago a plan to raise in-house day care prices by 75%—to about $57,000 a year for parents with two kids. Some workers wept when the news broke in secret focus group meetings. Now the company that Fortune has twice called the "best to work for" faces parents bent on taking their kids elsewhere.
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Data dump includes users' names and IP addresses
Wired Jul 4, 08 3:46 AM CDT
(Newser)
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A judge has ordered Google to give Viacom records of all videos ever watched on YouTube, including users’ names and IP addresses, Wired reports. Viacom is seeking the data to bolster its $1 billion lawsuit against Google for allowing copyrighted Viacom clips on YouTube. The media giant believes the data will show that copyrighted clips draw more views than user-created content.
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Google, Yahoo get software to better read, index Flash files
MIT Technology Review Jul 3, 08 1:30 PM CDT
(Newser)
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For years, web developers have faced a tough choice: Make their pages pretty with Flash animations, or optimize for search engines? Now, Flash maker Adobe has tried to make that choice easier, by giving Google and Yahoo the software to read and index Flash files. “For end users, they're going to see a lot more results, and a lot better results,” says Flash’s project manager.
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With Microsoft again sniffing around, net giant explores options
Wall Street Journal Jul 3, 08 11:49 AM CDT
(Newser)
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Yahoo—back in the sights of Microsoft—is trying to keep its fate in its own hands, launching talks with potential partners, the Wall Street Journal reports. The Internet company reopened talks with Time Warner about a deal that would make AOL part of Yahoo and give Time Warner a minority interest in the new venture; Rupert Murdoch's News Corp. is also in the mix.
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