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The punches are starting to fly fast as Yahoo and Carl Icahn duke it out over the company's future. Yahoo shot down a new offer by Microsoft over the weekend to buy the search portion of its business and leave the remaining pieces under Icahn's control. Now, Icahn and the current board of directors ...
Yahoo-owned Flickr and Getty Images have inked a deal that could help photographers with pictures posted on the photo sharing site hook their work up with the largest media licensing company in the world. The effort, dubbed "The Flickr Collection on Getty Images" is the culmination of a longterm des...
Microsoft is taking a bold stance in its seemingly endless Yahoo talks, now saying no further negotiations will take place unless a new board is elected. A public statement issued Monday by Microsoft references recent meetings with billionaire Yahoo investor Carl Icahn, who issued a letter of his ow...
Microsoft may now be looking at a team-based approach to buying Yahoo. The company has talked with other media corporations about partnering up to split Yahoo's assets, according to a report in The Wall Street Journal, which cited sources close to the discussions. Microsoft could buy Yahoo's search ...
What seems to have started as a simple play to create new cartoon content for the Web -- and make money from it -- may in effect usher in a new media distribution model. A Web search engine giant, a highly paid cartoon creator, and a production company are all working together to deliver 50 two-minu...
Yahoo has inked a deal with Publicis Groupe's newly announced VivaKi Nerve Center that will provide clients of the France-based communications company with more targeted and personalized advertising options to maximize global opportunities for mobile ads, the companies announced Wednesday. The new i...
Though the ink has hardly dried on the ad partnership deal between Google and Yahoo, Congress is already setting its investigative machinery in motion to determine whether the tie-up might violate antitrust or privacy laws. The U.S. House Subcommittee on Commerce, Trade and Consumer Protection had a...
Microsoft has a new weapon in its advertising arsenal. The software giant has acquired Navic Networks, an interactive television ad developer that targets specific audiences with its service. Terms of the deal were not disclosed. Navic uses audience measuring data to determine which broadcast commer...
The long-awaited merger of XM Satellite Radio and Sirius Satellite Radio may be on the cusp of winning approval, with the chairman of the Federal Communications Commission now saying he is on board with letting it go forward. FCC Chairman Kevin Martin will propose allowing the merger to proceed, but...
Talks have officially broken down between Yahoo and Microsoft over a potential merger. Instead, Yahoo has struck a partnership to have Google handle some of its search advertising sales. The two firms met on June 8 at a private airport in Silicon Valley, and Microsoft representatives made it clear t...
The ground battle in the proxy war between Carl Icahn and Yahoo has begun in earnest, with Yahoo directly urging shareholders to back the board's slate of directors and ignore Icahn's pleas for change. Yahoo filed a copy of the proxy solicitation notice it sent to shareholders with the Securities an...
Signaling JetBlue's belief that travelers want to stay connected at all times, its LiveTV unit has agreed to buy Verizon's Airfone business, a move that will enable the discount carrier to offer a bundle of communications services during flight. The handover is not expected to be completed until Jan...
AOL announced Friday it is setting up its Platform-A Internet advertising service in Europe. The expansion is part of the Time Warner unit's effort to extend the reach of its advertising business worldwide by the close of 2009. The move comes less than one year after Time Warner flipped its AOL scri...
Take-Two Interactive's blockbuster second quarter -- powered by strong early sales of "Grand Theft Auto IV" -- may have implications for the ongoing efforts of EA to acquire its main competitor. "Grand Theft Auto IV" set records as the best-selling entertainment product ever, Take-Two said, with 6 m...
Verizon Wireless confirmed Thursday that it will buy Alltel Wireless in a deal worth $28.1 billion, one that will help it reach new markets and push it ahead of AT&T as the largest wireless carrier in the U.S. The move comes just a year after a group of private equity players took Alltel private...
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