According to recent media reports, Verizon Communications has bought Yahoo for $4.83 billion in cash.
The deal does not include the Chinese e-commerce company, Alibabacom, but will give Verizon access to Yahoo's advertising technology tools and other assets such as search, mail and messenger...
Internet giant Yahoo! said it would cut some 600 jobs, about four percent of its global workforce, in the third wave of layoffs at the company since late 2008.
The Sunnyvale, California-based Internet firm did not spell out where the job losses would come from.
The Nielsen Company this week reported October data for the top search providers in the U.S. to no one's surprise, Google leads the pack with over 6.7 billions searches.
Nielsen estimates that a total of 10.2 billion searches were conducted during the month with Google accounting for about two...
Just saw this. It was released last Thursday and is the shortest press release I have ever seen!
Talking about short and sweet! I'll bet after the recent market turmoil, Microsoft is very happy that Yahoo said no.
Stories at http://www.microsoft.com/presspass/press/2008/may08/05-03letter.mspx and http://www.komotv.com/news/18550409.html and http://www.news.com/8301-13860_3-9935099-56.html?part=rss&subj=news&tag=2547-1_3-0-20