Deals

Search engine powerhouses Google and Yahoo have offered to significantly scale back the depth of their proposed online ad-sharing deal in an attempt to gain the approval of the U.S. Department of Justice. The proposed deal, first announced last June, would allow Yahoo to display ads from Google and ...

An online ad-sharing deal between Google and Yahoo may be on the verge of collapse. Talks between the two Internet search powerhouses and the U.S. Department of Justice reportedly have stalled, prompting Google and Yahoo to consider walking away from the proposed agreement. Despite the press reports...

Netflix and TiVo announced Thursday the roll out of a streaming video service for subscribers. Set for availability in early December, the service appears to be the culmination of a deal the two companies originally announced in 2004. The TiVo-Netflix venture is the latest in a series of similar par...

For those who are hungry for some good economic news, venture capitalists apparently are seeing green in clean technology. Indeed, so-called green technology -- everything from eco-friendly auto parts to alternative fuels to smart buildings to streamlined manufacturing processes -- appears to be blo...

Russians Nix Google Ad Deal

The Russian Federal Antimonopoly Service has slammed the door on Google. The search engine giant was trying to buy a local online advertising company, Zao Begun, but FAS officials decided to block the deal. Google first announced its intent to acquire the Russian company, which is owned by Rambler M...

Netflix and Samsung announced a partnership Thursday that will bring the video rental service's streaming movies to the hardware maker's Web-connect Blu-ray disc players. Netflix subscribers can receive Blu-ray and DVD discs by mail with the added option of streaming movies and TV shows instantly fr...

Internet phone company Vonage has secured $220.3 million in credit in a deal that Wall Street sees as crucial to the struggling company's survival. Proceeds will go toward paying off $253 million in debt on Vonage's books. The $220 million deal, led by Silver Point Finance, comes at a time of unprec...

Memory chip maker SanDisk announced Monday it will sell a large chunk of its business to Toshiba for about $1 billion. The deal comes at a time when the market for memory chips faces severe oversupply. This is "a multiyear partnership and reflects a couple of different joint ventures," said Ryan Don...

Does Microsoft still have Yahoo in its gun sights? Listen to Microsoft CEO Steve Ballmer and it might seem so. At an industry event in Orlando, Fla., this week, Ballmer said a deal between Microsoft and the No. 2 Internet search engine would "still make economic sense" for both companies. Within hou...

Advanced Micro Devices is splitting into two companies with the help of a massive cash infusion by investors in the United Arab Emirates capital Abu Dhabi. AMD will continue designing semiconductor chips for computers and servers. The spinoff, called "The Foundry Company," will focus on manufacturin...

TECH BLOG

Google and Yahoo Set Back Clock on Ad Deal

Odd couple Google and Yahoo late on Friday reportedly opted to delay their proposed partnership, under which Google would essentially devour part of Yahoo's advertising business and create an online ad behemoth that critics say no rival could possibly compete against. On Thursday, Sen. Herb Kohl, D-...

Sprint may be a step closer to selling off its Nextel business. Latin American carrier NII holdings has expressed interest in a purchase, according to The Wall Street Journal -- which cites "people familiar with the matter" as revealing the news. Several private-equity firms such as Cerberus Capital...

Take-Two Interactive Software, maker of the immensely popular "Grand Theft Auto" video game series, has decided to remain independent after resisting Electronic Arts' persistent acquisition efforts over the past few months. Take-Two reportedly had engaged in discussions with other interested video g...

Computing giant HP has announced its intention to acquire storage software company LeftHand Networks for $360 million in cash. HP's move is an attempt to shore up its presence in the fast-growing IP storage segment of the data storage market. Unlike traditional storage area networks, IP storage ne...

Several Silicon Valley Congress members have urged the U.S. Department of Justice not to interfere in the pending online advertising deal between search engine giants Google and Yahoo. Mountain View, Calif.-based Google and Sunnyvale, Calif.-based Yahoo are situated in the heart of Silicon Valley. T...

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