Deals

Yahoo shares moved higher by more than 3 percent Tuesday after an analyst upgraded the stock, suggesting that Microsoft was likely to sweeten its offer for the Web portal. Citigroup analyst Mark Mahaney upgraded Yahoo shares to a buy on Monday, arguing that the strategic value of Yahoo made a more l...

The U.S. Department of Justice has cleared the way for competing satellite radio services to merge into one company amid fears that the combined service would create an unstoppable monopoly. Sirius Satellite Radio and XM Satellite Radio first announced intentions to merge in February of 2007 -- 10 y...

In the midst of its hostile takeover bid for a rival company, video game firm Electronic Arts is losing one of its key executives. EA's chief financial officer, Warren Jenson, is leaving the company and will be replaced shortly, the company said. He has been with EA for six years. The announcement c...

After years spent battling obstruction of justice charges in an investigation of Credit Suisse First Boston, former investment banker Frank Quattrone is back with an investment firm of his own. Qatalyst Group, launched Monday by Quattrone and some former colleagues, is a technology-focused merchant ...

A Dow Jones VentureSource report released Tuesday indicates that Web 2.0 investment may be peaking in the United States despite an 88 percent increase in money investment in 2007 over 2006. Even though venture capitalists threw a record $1.34 billion into 178 Web 2.0-related deals in 2007, the Dow J...

Yahoo announced it expects to double its operating cash flow in the next three years despite an uncertain stock market and on the heels of Microsoft takeover bid. The three-year plan, released Tuesday, said the company expects its operating cash flow to increase from $1.9 billion to $3.7 billion whi...

Software maker BMC will buy data center automation firm BladeLogic in a move that could help it fend off incursions into its core market from rivals such as EMC and IBM. BMC will use BladeLogic's products to round its own business service management software portfolio. When combined, the platform wi...

Executives from Microsoft and Yahoo reportedly met face-to-face earlier this week but apparently did not make significant progress on a deal for the software giant to purchase the struggling Web portal. Citing unnamed sources close to the deal, The Wall Street Journal reported Friday that the meetin...

In an early sign of the expanded presence Google intends to have in the online ad world now that it has closed on DoubleClick, the search giant Thursday launched a Web advertising management tool aimed at smaller publishers. The company formally announced Google Ad Manager after several months in te...

Electronic Arts has issued a hostile $2 billion tender offer for rival video game firm Take-Two Interactive Software. The offer represents a 64 percent premium over Take-Two's closing stock price on Feb. 15, the last day of trading before EA issued a revised proposal to the New York-based company. T...

Time Warner's AOL will buy the social network Bebo for $850 million in cash, acquiring a worldwide user base of 40 million as well as a developer-friendly platform. Bebo was known to be shopping for a buyer, but the move came as something of a surprise because the social networking site already has ...

TiVo and Google have struck a deal that will enable the digital video recorder maker's users to watch Web-based YouTube videos on their television sets. The service will be available later this year to consumers who own its Series 3 devices connected to the Internet through a broadband link, TiVo sa...

The European Commission has given its long-awaited blessing to Google's proposed $3.1 billion acquisition of online advertising company DoubleClick. Coming nearly a month ahead of an established April 2 deadline, the decision rested on the EC's findings that the merger would not hurt consumers or im...

News Corp. Chairman Rupert Murdoch said his media company won't get into a bidding war with Microsoft for the right to take over Web portal Yahoo. During a keynote speech at the Bear Stearns Media Conference, Murdoch suggested the $44.6 billion offer Microsoft made for Yahoo was too rich for his com...

A behemoth on the semiconductor scene just got a little bigger. Chip manufacturer LSI has acquired the hard disk drive business of Germany-based Infineon Technologies for an undisclosed amount. The buyout, announced Monday, came a little less than a year after the former LSI Logic had acquired Agere...