Archive for the 'Business' Category...
Filed under Business
It’s not the blockbuster that some industry analysts envisioned, but Yahoo has sealed its first deal under new Chief Executive Jerry Yang. Hoping to deepen its appeal to hard-core sports fans, Yahoo is buying Rivals.com, a Web site that provides extensive coverage of collegiate athletics. Financial terms of the acquisition to be announced Thursday aren’t being disclosed — an indication that the sales price is too small to dent Yahoo’s finances. Analysts believe Yahoo may be considering more dramatic moves after changing its leadership earlier this week.
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Original post by Andrew K. Burger and software by Elliott Back
Filed under Business
News Corp. honcho Rupert Murdoch has offered to swap the wildly popular social networking site MySpace in exchange for a stake in portal-in-flux Yahoo. Murdoch reportedly approached Yahoo with the offer of giving the portal ownership of MySpace in exchange for a 30 percent ownership stake of the combined Yahoo-MySpace. On the surface, the deal seems to address needs of both parties: Murdoch has been looking for ways to expand his media company’s online exposure; meanwhile, Yahoo has been eager to find the right social networking play.
Original post by Keith Regan and software by Elliott Back
Filed under Business
Without any sort of fanfare, AT&T has started offering a broadband Internet service for $10 a month, cheaper than any advertised plan. The DSL, or digital subscriber line, plan introduced Saturday is part of the concessions made by AT&T to the Federal Communications Commission to get its $86 billion acquisition of BellSouth approved last December. The $10 offer is available to customers in the 22-state AT&T service region, which includes former BellSouth areas, who have never had AT&T or BellSouth broadband, spokesperson Michael Coe confirmed Monday.
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Original post by Peter Svensson and software by Elliott Back
Filed under Business
An anonymous reader writes “I had a surreal experience with Dell today. My boss asked me to order a new computer for our small, non-profit business. Wanting to support Dell in their decision to sell computers with Ubuntu installed, I decided to order one. First, I talked to a small business representative, who informed me that I could not order one of the Ubuntu-based computers through the small business department. I had to go through the “home and home office” department. I called the Home office department. I asked the representative if I could buy one of the ubuntu computers for my company. She said (and I quote), “these Dell computers are designed for personal use only, as long as you use it for personal use, you can purchase one.” So I lied and said I would…. Next, I tried to buy it on our business credit card. They would [...]
Original post by CmdrTaco and software by Elliott Back
Filed under Business
Terry Semel resigned from his CEO post at Yahoo late Monday, stepping aside to let cofounder Jerry Yang take the helm as the portal looks to keep shareholders happy, regain its early dot-com glory and better compete with rival Google. Semel arrived at the Internet company in 2001 with high hopes that his Hollywood background — he had been an executive at Warner Bros. — would help transform Yahoo, which many saw poised for long-term success as the rise of broadband made the Web a destination for entertainment.
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Original post by Keith Regan and software by Elliott Back
