News (64)

  • CBS to buy CNET Networks for US$1.8 billion

    US media giant CBS has agreed to acquire CNET Networks, the company that publishes ZDNet.com.au and CNET.com.au, in a deal valued at US$1.8 billion.

  • Bill Gates: We're not looking for another Yahoo

    With its multibillion-dollar Yahoo merger bid yanked from the table, the Microsoft chairman said at a Tokyo press conference on Wednesday that the software giant has no immediate plans to jump on another deal.

  • Microsoft's withdrawal: Ballmer's letter to Yahoo CEO

    After talks broke down on Saturday, Microsoft CEO Steve Ballmer sent this letter to Yahoo chief Jerry Yang, signalling the end of the epic takeover attempt.

  • Oracle-BEA takeover comes to a close

    Oracle announced Tuesday it completed its US$8.5 billion acquisition of BEA Systems, bringing to a close a contentious buyout effort that began last spring.

  • Investors get behind Yahoo in Microsoft fight

    Yahoo has yet to get a large investor to step forward and defend the search giant, but on Tuesday, it scored a reconfirmation of an endorsement from Legg Mason, its second-largest shareholder, according to a report in The Wall Street Journal.

  • April Fool's joke on Sun takeover wreaks havoc

    Serguei Beloussov woke up early on Tuesday to see people in the world of virtualisation commenting on the news that he had sold his company, Parallels, to Sun for US$205 million.

  • Yahoo eyes suitors after Microsoft deadline delay

    After having snubbed Microsoft's initial takeover proposal, reports have indicated that Yahoo is still counting on the software giant to mount another acquisition bid, should its attempts to play the field backfire.

  • Yahoo hyped on Digg-alike Buzz tool

    Although Yahoo executives speaking at an online ad conference on Monday were mum on Microsoft's takeover attempt, they were quick to tease a new feature -- due out this week -- on their home page which could be their rumoured competitor to social news aggregator Digg.

  • Gates wants Yahoo's people power

    Bill Gates points to Yahoo's engineers as the key thing that makes Yahoo worth more than US$40 billion to his company.

  • Microsoft shareholders already own Yahoo

    Yahoo is calling on Microsoft to bump up its buyout bid, but the trouble is a number of the Internet giant's largest investors own shares in both stocks.

  • UXC swallows Getronics Australia

    In a deal that will create the biggest independent IT services provider in Australia, technical services company UXC will snap up the Australian arm of work services firm Getronics.

  • Microsoft-Yahoo deal: Playing the numbers game

    Examined using several different metrics, Microsoft's bid for Yahoo could create one of the world's largest Web companies.

  • IBM's $5bn Cognos takeover approved

    IBM takeover of Business Intelligence specialist Cognos is expected to close before the end of this quarter, after Cognos shareholders voted their approval of the deal on Monday.

  • Seven finally swallows Unwired

    Broadcaster Seven has secured over 90 percent ownership of WiMAX spectrum holder Unwired, and will now proceed to compulsorily acquire the remaining shares in the company.

  • Seven extends Unwired buy offer to clean up scraps

    Seven has extended its takeover offer for WiMax spectrum holder Unwired a fourth time, as it edges achingly close to the 90 percent acceptance required for whole ownership of the business.

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