Yahoo!’s (YHOO) OMG! entertainment site was the most visited destination in the category in May, at least according to comScore, and the competition was not even close. June numbers could change considerably as TMZ,…
Facebook is becoming one of the most dangerous places on the internet. According to Reuters, “Scammers break into accounts posing as friends of users, sending spam that directs them to websites that…
Reuters: Bernanke denied putting pressure on Bank of America (BAC) over the deal to buy Merrill Lynch. Reuters: GM said a bankruptcy delay would destroy suppliers. Reuters: Nominees have started to emerge…
Yahoo! (YHOO) wants to change its image as the “also-ran” search engine with incompetent management. According to All Things Digital, Yahoo! “is working on a massive plan to overhaul its brand in…
Yahoo! (YHOO) will never recover from its botched negotiations with Microsoft (MSFT), in which the larger company offered to buy it in early 2008. The initial offer was for $44.6 billion, or…
The valuations of large social networks such as MySpace (NWS), Facebook, and Twitter is that a visitor has the same value as a visitor to Yahoo! (YHOO), AOL, or Ask.com (IACI). Facebook…
The struggle for large urban newspapers to stay in business has largely been an effort on the part of their managements to increase revenue on the Internet faster than it is lost…
Reuters: The heads of the emerging markets, the so-called BRICs, held their first global summit. Reuters: Obama will be tested this week on financial reforms. Reuters: Rich nations are working on an…
Reuters: Baclays (BCS) sold BCI to Blackrock (BLK) for $13.3 billion Reuters: WHO declared a flu epidemic Reuters: Congress bash Fed, Treasury, and B of A (BAC) on Merrill Reuters: US is…
Palm (PALM) may not have had much of a choice in terms of which cellular company was going to market its new Pre. AT&T (T) and Verizon Wireless (VZ)(VOD) were probably not…
Steve Ballmer is The Man. His persistance in pursuing search engine market share may finally be paying off which could sink Yahoo!’s (YHOO) chances of being turned around under new CEO Carol…
Reuters: China must balance growth and reducing greenhouse gases. Reuters: The Supreme Court has delayed Chrysler’s Chapter 11. Reuters: The US will allow 10 banks to repay TARP funds. Reuters: The Boston…
Sony (SNE) is in trouble, and it is very deep trouble. For the fiscal year ending March 31, the conglomerate lost more than $1 billion on $79 billion in revenue. Sales were…
There have been rumors recently that Time, Inc., the Time Warner (TWX) publishing division and the largest magazine operation in the country, might be spun off to shareholders in much the same…
Reuters: Central bankers in the US and Europe are battling deflation and inflation simultaneously. Reuters: GM (GM) is close to bankruptcy but the fate of Opel is still open. Reuters: Citigroup (C)…
