Deals

As Google continues to overwhelmingly dominate the search space, and with the Department of Justice just looking for a reason to file antitrust lawsuits, it is safe to say that any serious competition to Google would be widely accepted. Serious competition to Google would have to come in the form of...

Sun Microsystems has acquired Belgian cloud computing company Q-layer for an undisclosed price. Q-layer makes software that automates the deployment and management of corporate IT infrastructure such as servers, computers and Web-based applications in both public and private clouds. "Cloud computing...

Warner Music Group has started pulling some of its songs from YouTube, a move that apparently reflects a breakdown in the renegotiation of a licensing agreement between the two sides. Warner licensed its entire music catalog to YouTube just before the latter was acquired by search engine powerhouse ...

One of Yahoo's largest shareholders is urging the beleaguered Internet company's board to sell its search assets to Microsoft. Ivory Investment Management, a Los Angeles-based hedge fund, on Wednesday submitted a letter to Yahoo's board proposing a deal whereby Yahoo would sell its search assets to ...

After surging 7 percent Tuesday on rumors that a former AOL executive wants to acquire Yahoo for as much as $30 billion, the beleaguered Internet portal's shares were down nearly 5 percent at $11.02 per share in mid-day trading on Wednesday but closed flat as the market rallied. Jonathan Miller, for...

Sprint Nextel and Clearwire have joined forces to build a nationwide high-speed wireless Internet network using worldwide interoperability for microwave access, or WiMax, technology. The $14.5 billion merger closed Monday with $3.2 billion in equity funding from a variety of heavy hitters in the tec...

Yahoo and T-Mobile jointly announced that Yahoo oneSearch will be the default mobile engine to power Internet search made through T-Mobile's new Web2go service. The new Web2go service is basically a customizable home page on a mobile phone that makes it easier to view and navigate the Internet on th...

Nearly 10 months after making an aggressive move to acquire struggling Internet portal Yahoo, Microsoft no longer has any interest in buying the company. At the software giant's annual meeting on Tuesday, Microsoft CEO Steve Ballmer said that Microsoft is "done with all acquisition discussions" with...

Yahoo CEO and cofounder Jerry Yang is stepping down as leader of the beleaguered Internet portal after a tumultuous 18-month tenure. Yang will resume his previous role as "chief Yahoo" and maintain his seat on the company's board. He will also participate in the process of finding a new CEO. Yahoo ...

Microsoft and Verizon Wireless are said to be close to a deal that would make Windows Live Search the default search engine on Verizon handsets and expand the number of Verizon devices powered by the Windows Mobile operating system. News of an impending deal between the software giant and the soon-t...

Four years after Microsoft paid US$1.6 billion to Sun Microsystems to settle an antitrust and patent suit, the once-bitter rivals are teaming up on Internet search. Under an agreement announced Monday, Sun will offer Microsoft's MSN Search toolbar when users download Java Runtime Environment, or JR...

All those singing cats and clumsy kittens you currently see on YouTube will soon be getting some more feline company at the online video Web site: Leo, the roaring, toothy Metro-Goldwyn-Mayer lion. The movie studio announced Monday that it would allow a very limited selection of full-length movies a...

In what's become the equivalent of watching a fish flop around outside of water, Yahoo CEO Jerry Yang has now come forward with a new plea for Microsoft to purchase his struggling company. Just hours after Google announced it was pulling out of its planned search advertising partnership with Yahoo, ...

The Federal Communications Commission gave its blessing to two large wireless deals Wednesday. The larger of the two is Verizon Communications' $28.1 billion buyout of Alltel; Verizon will pay $5.9 billion and assume $22.2 billion of Alltel's debt. The other deal is the $14.5 billion merger between ...

Search engine giant Google has walked away from a proposed ad-sharing deal with Internet portal Yahoo after the U.S. Department of Justice made it clear that it would seek to block the agreement in court. Google's decision is a profound setback for Yahoo, which has struggled to maintain its share in...