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NEWS ABOUT: Time Warner

Ex-AOL Chief Seeks Funds to Buy Yahoo

$30B difficult to raise amid recession

(Newser) - After months of advising both Microsoft and Yahoo on a failed deal, former AOL chief Jonathan Miller is trying to put together a bid for Yahoo himself. The venture capitalist is asking private investors to help him amass the $30 billion needed to acquire the struggling, $10-a-share search engine group,... More »

AT&T to Cap Bandwidth of Some Users

Firm tests usage limits in Reno

(Newser) - AT&T is capping users’ Internet bandwidth in Reno as an experiment, suggesting that the practice of limiting usage may soon become widespread, Wired reports. Depending on the service plan, new broadband customers will be held to 20 to 150 gigabytes of usage monthly. Current customers will soon face limits... More »

Yahoo Board OKs New Round of AOL Talks

Time Warner anxious to decide on service's future

(Newser) - A Yahoo board of directors now stocked with allies of activist investor Carl Icahn cleared the way yesterday for reigniting talks on combining with AOL, the Financial Times reports. Time Warner’s chief is eager to decide AOL’s future “fairly soon,” but is hoping Microsoft will join... More »

Who Is Vivi? Media World's Mystery Man

Influential investor keeps a low profile but wields much clout

(Newser) - He has major stakes in Time Warner and Goldman Sachs, he hangs out with Lenny Kravitz and the boss of Morgan Stanley, and he's engaged to the impossibly beautiful Chinese actress Zhang Ziyi. But Vivi Nevo is an unknown quantity: the mogul came from nowhere and, through a series of... More »

Microsoft Meets With AOL to Explore Possible Deal

Software giant is seeking an alternative to Yahoo

(Newser) - Microsoft will sit down today with executives from Time Warner's AOL to explore a joint venture between the two companies, reports the Wall Street Journal. The software giant is looking for alternatives to its failed Yahoo buyout. Microsoft and Time Warner have been considering a deal for months, though no... More »

Weather Channel Sells for $3.5B

NBC, Blackstone, and Bain score cable stalwart for far under expected $5B

(Newser) - NBC is heading an investor group that will buy the Weather Channel for nearly $3.5 billion—well below the $5 billion Landmark Communications was expecting when it put the iconic cable channel up for sale in January. The group, which includes private equity firms Bain Capital and the Blackstone... More »

Yahoo Looks to Time Warner, News Corp.

With Microsoft again sniffing around, net giant explores options

(Newser) - 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... More »

Top ISPs Agree to Block Child Porn Sites

New York's AG Cuomo strong-arms Time Warner, Verizon, Sprint

(Newser) - Three top Internet providers have agreed to block known child pornography hot spots, thanks to some strong-arm tactics from New York AG Andrew Cuomo, the New York Times reports. After an 8-month investigation, Cuomo threatened to come down on Time Warner, Verizon, and Sprint for fraud and deceptive business practices.... More »

SEC Charges Ex-AOL Execs With Fraud

Alleges they inflated revenue during merger with Time Warner

(Newser) - The Securities & Exchange Commission has filed civil fraud charges against eight former AOL executives for allegedly inflating AOL's advertising revenues before its merger with Time Warner, the Wall Street Journal reports. The men are accused of giving firms money to buy ads on AOL that they didn't want or... More »

HBO: Coming to a Hard Drive Near You

iTunes will sell shows and movies, but they may be pricey

(Newser) - Apple and HBO are close to an agreement that would let iTunes sell episodes of HBO shows, Portfolio reports. Sources say HBO has cut a good deal—either by breaking iTunes' $1.99 video price ceiling or getting a bigger share of the same rate. But at least one HBO... More »

Yahoo, Microsoft Back Where They Started: Behind Google

Both companies scramble for options

(Newser) - The Microsoft/Yahoo deal looks dead, and at least one company is celebrating: Google. Both companies are exploring other deals, but none will be as potent as MicroHoo might have been, BusinessWeek reports. That’s good news for a certain search giant. “Its two main competitors are separate and floundering,... More »

Traffic On the Rise at AOL's Content Sites

Internet giant's transition to ad-driven firm picking up pace

(Newser) - It's been a while since AOL was associated with rising numbers, but a jump in traffic to its content sites shows the company's transition to an ad-supported business is on track, the Wall Street Journal reports. The company redesigned its news, sports, and health sites and created some new ones... More »

Yahoo Board Meets as Buyout Options Grow

Microsoft likeliest buyer but battle heats up

(Newser) - Yahoo's board meets today to examine the options for avoiding a hostile takeover by Microsoft, the Wall Street Journal reports. Experts think a Microsoft grab is still the most likely scenario, but the situation has grown increasingly complicated in the midst of discussions of an AOL-Yahoo merger, Yahoo's proposed trial... More »

Internet Bigwigs Fight NY Law on Tracking Web Users

Companies say they have a right to collect information for advertisers

(Newser) - Google, Yahoo and a bevy of Internet biggies have joined to fight a proposed New York state law that would limit their ability to collect information about people's web habits for advertisers, reports the Wall Street Journal. The coalition says the law would endanger the future of online advertising and... More »

Yahoo, AOL May Merge; Murdoch-Microsoft In Talks

Two Internet-shaking deals stem from Microsoft-Yahoo talks

(Newser) - Two groundbreaking Internet deals are in the works, both related to Microsoft's desire to take over Yahoo, the Wall Street Journal reports. In one, Yahoo is considering combining its online operations with Time Warner's AOL. In the other, Rupert Murdoch's News Corp. is in talks to join Microsoft in its... More »

CBS in Talks to Outsource News to CNN

Deal would mark watershed for mother of network news

(Newser) - CBS, the network of Ed Murrow and Walter Cronkite that is widely credited with inventing television news, is considering outsourcing some of its news gathering activities to CNN, according to the New York Times. No deal is imminent but talks are reportedly taking place at the highest level at both... More »

Microsoft Likely to Raise Yahoo Bid: Analyst

Stock upgraded to a buy after $34-per-share offer predicted

(Newser) - A Citigroup analyst upgraded Yahoo stock to a buy today, predicting that Microsoft will raise its buyout bid from $31 per share to $34, MarketWatch reports. Acquiring Yahoo is the only way for Microsoft to successfully compete with Google for online advertising, said analyst Mark Mahaney, and so “the... More »

HBO Struggles for Post-Sopranos Hits

New management picks a new crop of shows, hoping for a winner

(Newser) - HBO, at 36 years old no longer a bold young upstart of a network, is struggling to come up with hits to match The Sopranos and Sex & The City, the Wall Street Journal reports. Changes in the top ranks have meant shifts in direction: The Texas-set Lily Tomlin drama... More »

Yahoo, Microsoft Execs Meet to Discuss Buyout

Gates' team explains its vision; no negotiations take place

(Newser) - For the first time since Microsoft made an unsolicited—and unwelcome—$44.6 billion bid to take over Yahoo Jan. 31, executives for the two companies sat down this week to discuss what a post-merger company might look like, reports the Wall Street Journal. No negotiations took place, the Journal ... More »

AOL Goes Social, Buys Bebo

$850M acquisition for a company struggling to change roles

(Newser) - AOL will buy Bebo.com for $850 million in an attempt to enter the social networking market, the Wall Street Journal reports. Bebo has 22 million unique visitors a month, well behind MySpace's 109 million, but the site’s strong European presence will give AOL access to key youth demographics... More »

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