While speaking in Moscow, Microsoft CEO and Yahoo suitor Steve Ballmer said, "Yahoo was never the strategy we were pursuing, it was a way to accelerate our online advertising business... We will spend money on some acquisitions. You can do a whole lot of things with $50 billion."
Microsoft went public on Friday with a US$44.6 billion cash-and-stock bid to acquire Yahoo.
European antitrust regulators on Tuesday approved Google's US$3.1 billion merger with DoubleClick, which Google's CEO said will mean job cuts.
Online ad company DoubleClick said on Monday it has bought search-engine marketing specialist Performics for US$58 million in cash, in a bid to profit from the fast-growing sector.
When Web portal leader Yahoo reports quarterly results, investors will be listening intently to CEO Terry Semel for evidence that the company is reducing its reliance on advertising revenue.
Nobody, least of all Yahoo and Google, doubted that the two companies' search-advertising deal would escape any antitrust scrutiny.
By now, the regulatory, cultural, practical and financial problems in Microsoft's Yahoo acquisition have been well aired. Let's skip forward to 2009, when they've all been solved and Yahoo is now a Microsoft brand.
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A tie-up with Saleforce.com sees Google pushing even further into Microsoft's businesss applications territory
Much of the future success of Adobe Systems hinges on the work done by its Platform Business Unit, which is headed by Kevin Lynch, the company's chief software architect.
Apple Computer has unveiled its latest line of digital music products, including a long-awaited Internet music store and ultrathin versions of its popular iPod portable MP3 player.
Hoping to get a jump on Google and other competitors, Adobe Systems plans to release a hosted version of its popular Photoshop image-editing application within six months, the company's chief executive said.
Windows Vista Business is essentially warmed-over Windows XP. If you're currently happy with Windows XP SP2, we see no compelling reason to upgrade. On the other hand, if you need a new computer right now, Windows Vista is stable enough for everyday use.
Web portal MSN is testing a new search service that touts faster, tidier results, in what is the latest development in a fast-moving contest to help people find what they're looking for online.
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