Microsoft-Yahoo deal draws antitrust probe

Microsoft-Yahoo deal draws antitrust probe San Francisco  - The US Department of Justice is looking into the advertising and search alliance between Microsoft and Yahoo, the companies said Friday.

Yahoo and Microsoft, which trail a distant second and third respectively to Google in the internet search market, announced their deal in late July in a bid to combine forces and challenge the web giant.

Yahoo Launches Meme In English

yahooAfter launching its micro blogging application in Spanish and Portuguese, the internet giant Yahoo Inc has come up with Yahoo Meme in English, in a bid to strengthen its presence in the highly competitive social networking segment. Meme is said to be a direct challenge to the existing micro blogging service providers such as Tumblr, Twitter, Pownce and others.

The company had earlier also launched social networking tools - such as India-specific SpotM and 'Know Your Mojo' - but, unfortunately, those were taken lightly by the people, and subsequently closed down.

Yahoo Launches Micro-blog Yahoo Meme in English

YahooA day after its announcement pertaining to the close down of SpotM utility, the internet giant Yahoo has come up with new Micro blogging Platform, Yahoo Meme, in English, in a bid regain its hold in the social networking domain. Meme is said to be a challenge to Twitter, Tumblr and other micro-sharing services.

Yahoo has already successfully launched Meme in other languages such as Spanish and Portuguese. Meme offers added features such as a comment thread underneath the posted content, text, images, videos, music or a mixture of those things and an avatar.

Yahoo’s SpotM becomes history

Yahoo’s SpotM becomes historyYahoo Inc. has abandoned its ambitious India-focused social networking site SpotM and announced to replace it with "Guru".

It is not the first time when Yahoo! has closed down its utilities. The internet giant had earlier dropped Yahoo 360 Geocities , Yahoo Gallery and its beta stage social networking site Mash in September 2008.

Yahoo! India Adds More Features in Yahoo! Mail

yahoomail is set to offer advanced features to its Indian customers, by way of several newly-announced innovative attributes for delivering personally relevant information to them. The new utilities will allow the customers to stay connected through inbox, thereby saving time and energy.

Microsoft to hire 400 Yahoo workers

Yahoo, MicrosoftSan Francisco - Microsoft Corp is to hire 400 workers from Yahoo Inc as part of their deal announced last week to collaborate on search advertising, the companies said in a regulatory filing.

The two companies are also to jointly select 150 other Yahoo employees to help with the transition of Yahoo's search and related advertising systems to Microsoft technology, they said Tuesday.

In other details that emerged about the 10-year deal, the companies said the agreement could be terminated in July 2010 by mutual consent.

Yahoo and Microsoft reach search and ad partnership

Yahoo, MicrosoftNew York - Internet search firm Yahoo and software giant Microsoft have reached a 10-year deal in which they hope to tackle the online dominance of Google, media reports said Wednesday.

Yahoo will use Microsoft's new search engine on its sites, while Yahoo would handle some advertising sales for Microsoft. The two companies will share search-related advertising revenue.

Source to Associated Press: Microsoft-Yahoo alliance on ad partnership finalized

microsoft-yahooAccording to the Associated Press report, an unnamed source 'in the know' of the proceedings pertaining to the imminent Microsoft-Yahoo alliance has informed that the partnership between the two Internet biggies has been finalized and will likely be announced on Wednesday.

The Internet search deal between the Redmond, Washington-based Microsoft and the Sunnyvale, California-based Yahoo is essentially aimed at thinning the online advertising market of the Internet search leader Google Inc. The news and some details of the anticipated Microsoft-Yahoo agreement were first reported by the AllThingsDigital blog and Advertising Age.

WSJ report: Yahoo confirms acquisition of Xoopit

Yahoo, Google According to The Wall Street Journal's (WSJ) Tuesday reports, web giant Yahoo has confirmed that it is in "final stage negotiations" pertaining to the acquisition of Xoopit - a San Francisco-based startup, whose original product was a Firefox add-on for Google's Gmail.

Though the financial terms of the acquisition deal remained undisclosed, the WSJ report put the price tag at nearly $20 million.

Yahoo lets other sites share its home page

Yahoo lets other sites share its home page San Francisco - Yahoo launched a redesigned home page Tuesday, allowing users to incorporate a wide range of outside sites and services into one of the most popular destinations on the internet.

The move by the popular web portal comes as it faces increased competition for user eyeballs from social networking sites like Facebook and Twitter, and as Google holds a steady 2-to-1 lead in search queries in the US. Yahoo is reported to be in advanced talks with Microsoft to merge their search businesses to better compete with Google on search.

Yahoo to launch overhauled home page on Tuesday

yahooCalifornia-based Yahoo Inc will launch its overhauled Internet home page on Tuesday, hoping new home page would revive its recession-mired brand and business.

Yahoo's new home page, which merges company's collection of online content and products of well-liked social networking sites such as Facebook, has more than 250 million users all over the world.

Tapan Bhat, senior vice president for integrated consumer experience said, "This new home page is a platform for future growth."

Reports say Yahoo-Microsoft tie-up for search technology and advertising on the cards!

Yahoo MicrosoftGoing by the Friday reports from Bloomberg and the Wall Street Journal's All Things D blog, a Yahoo-Microsoft tie-up for Internet search technology and advertising is apparently on the cards - unnamed sources-in-the-know said that the deal might likely be announced next week!

All Things D said that a number of Microsoft executives - including Satya Nadella and Qi Lu, Microsoft's search head and top digital exec - are currently in Silicon Valley to see the agreement come through.

Study shows plunge in US venture funding

NVCA president Mark HeesenSan Francisco  - The US venture capital industry raised only 1.7 billion dollars in the second quarter of 2009, less than 30 per cent of the 4.6 billion dollars raised during the previous quarter, according to an industry report Tuesday.

In the same quarter a year ago venture capital firms raised a total of 9.3 billion dollars.

The funding figure was the lowest for more than seven years, according to the National Venture Capital Association, while the number of new funds formed, 25, was the lowest for 13 years.

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