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Justice Probe of Google Yahoo Deal Now Formal Report: related news

Justice Probe of Google/Yahoo Deal Now Formal: Report

The Justice Department has begun a formal probe of the proposed Google Yahoo search deal, the Washington Post reports. The companies put the deal on hold for voluntary Justice review. "But a formal investigation signals that the department may have found some cause for concern," the Post reports.

Justice Dept. Launches Formal Probe of Google-Yahoo Ad Deal

Washington - The U.S. Department of Justice has announced a formal probe of Yahoo's (NASD: YHOO) proposed online advertising partnership with Google (NASD: GOOG), and will seek documents and information from third party companies with a vested interest in the sector, The Washington Post reported on Wednesday. Google and Yahoo had agreed to voluntarily delay the deal -- which would see Google serve ads against Yahoo search results -- while the Justice Dept. made an informal inquiry, "but a formal investigation signals that the department may have found some cause for concern," The Post reported.

MS, Yahoo! and Google

The ladies and (especially) gentlemen of Microsoft, Yahoo! and Google trooped into the US Congress to inform US politicians about how good and how bad and how anti-competitive the Yahoo!-Google advert deal is; Yahoo! got things off with a joke by their lawyer Michael Callahan that was pretty funny but disrespectful: ''With all due respect to Google, we have every expectation of fighting them and winning;'' Brad Smith, Microsoft solicitor, explained to the congresspeople that if search is the key to the Internet, as ''many'' believe, then ''this deal will put Google in a position to own that gateway and the information that flows through it''; so it's probably fair to say that when Microsoft takes over Yahoo!, this deal will follow the dodo and other extinct species.

Update: Yahoo-Google partnership reportedly under DOJ scrutiny

The U.S. Department of Justice (DOJ) has opened a formal antitrust investigation into the advertising partnership between Yahoo and Google, the Washington Post reported Wednesday. On June 12, Yahoo said it would run advertisements supplied by Google alongside search query results, a four-year deal estimated to bring Yahoo up to $800 million in revenue a year. "We are continuing to have cooperative discussions with the Department of Justice about this arrangement," Google said in a statement.

Google-Yahoo deal subject of antitrust probe: report

WASHINGTON (Reuters) - The U.S. Justice Department has opened a formal antitrust investigation into a deal between Google and Yahoo to share some advertising revenue, The Washington Post reported on Wednesday.

Google (GOOG) NewsBite - Google Slips on Antitrust Probe News

Google Inc. (GOOG) opened at 536.51. So far today, the stock has hit a low of 530.00 and a high of 540.38. GOOG is now trading at 532.20, down 2.53 (-0.47%). The stock hit its 52 week high of 747.24 in November and set its 52 week low of 412.11 in March. GOOG dropped at the beginning of this year, but has been stronger recently. Shares of Google have been slipping on news that the U.S. Justice Department has opened a formal antitrust investigation into a deal between Google and Yahoo (YHOO) to share some advertising revenue. Technical indicators for the stock are bullish but deteriorating while S&P gives GOOG a neutral 3 STARS (out of 5) hold rating. If you’re looking for a hedged play on this stock, consider a July bear-call credit spread above the $620 range.

Yahoo-Google deal comes under fire from Microsoft

A proposed online search advertising deal between Yahoo and Google came under fire at a US senate hearing as Microsoft claimed that Yahoo CEO Jerry Yang had himself admitted that the agreement would hurt competition. Speaking before the senate's judiciary committee, Microsoft's general counsel Brad Smith recounted a June 8 meeting at the San Jose airport involving Microsoft chief executive Steve Ballmer, Yahoo CEO Jerry Yang and other company executives during which Yang allegedly said a Google-Yahoo deal would be anti-competitive.

Google-Yahoo deal to start in October

Optimism is the watchword at Google when it comes to its upcoming ad-sharing deal with Yahoo. In an interview on Bloomberg TV, Google CEO Eric Schmidt said Google plans to go ahead with the deal in October. By then, the 3.5 months Google agreed to wait for the Justice Department to scrutinize the pact will have passed.

Justice Department opens formal probe into Google-Yahoo ad deal

A news ticker carries headlines about Yahoo and Google ab... A Google sign is seen at its headquarters in Mountain Vie...

Microsoft, Google fight over Yahoo!

WASHINGTON: Google and Microsoft will spar today at a congressional hearing called to examine whether Google's revenue-sharing deal with No 2 search rival Yahoo will harm competition. Google, with more than 60 per cent of the Web search market, and Yahoo, with 16.6 per cent, announced a deal on June 12 that would allow Yahoo to place Google advertisements on its site and collect the revenue.

DOJ Reviewing Yahoo-Google Ad Deal, Will Consult Rivals: Report

They gave the Department Of Justice three and a half months to review their ad deal - and it’s now doing just that in earnest. An unnamed source tells Washington Post the DOJ is not just looking over the Yahoo-Google (NSDQ: GOOG) partnership but has begun a formal investigation and will request documents not just from the pair but also from other online media players - a move that may please Microsoft.

Google Chrome, the Google Browser

Philipp Lenssen writes "Google announced their very own browser project called Google Chrome — an announcement in the form of a comic book drawn by Scott McCloud, no less. Google says Google Chrome will be open source, include a new JavaScript virtual machine, include the Google Gears add-on by default, and put the tabs above the address bar (not below), among other things. I've also uploaded Google's comic book with all the details (details given from Google's perspective, anyway... let's see how this holds up). While Google provided the URL www.google.com/chrome there's nothing up there yet."

Verizon and Google Close To Mobile Search Deal - Google is coming to a phone near you

Google and Verizon have often been on opposing sides of deals and issues (like those issues that arose during the 700 Mhz spectrum earlier this year). However it looks like the two companies are about to put the past behind them as they are rumored to be nearing a deal which would make Google the default search engine on all Verizon phones. The two companies would split ad revenue so that both would benefit. The deal has not been commented on by either party but sources say that a major point of contention is that Google seeks to save user search information in order to improve targeted ads and Verizon wants to keep that data to itself. Google is already the default search engine for Sprint phones and has a search partnership with Nokia plus the first Android phone has just gotten FCC approval so this is another step for Google towards do

"Google Satellite" To Be Launched This Week

Lord Satri writes "Well, almost. Google signed an exclusivity deal with GeoEye regarding GeoEye-1, the most advanced high-resolution, civil, remote-sensing satellite to date. This must be annoying for other high-resolution, remote-sensing data users since Google already has an exclusivity deal in place with DigitalGlobe, the other major civil satellite imagery provider. From the CNet article: 'Under the deal, Google is the exclusive online mapping site that may use the imagery... in its Google Maps and Google Earth product. And as a little icing on the cake, Google's logo is on the side of the rocket set to launch the 4,300-pound satellite in six days from Vandenberg Air Force Base in California. Terms of the deal weren't disclosed. GeoEye-1 will orbit 423 miles above Earth, but it will be able to gather imagery with details the size of 4

Google Yahoo ad deal faces probe

A formal antitrust investigation into a deal struck between Yahoo and Google over search advertising is set to be launched by the US Justice Department.

Google Inks Deal to Use Tele Atlas Maps on Android OS

Google has signed a deal with digital-map maker Tele Atlas which allows Google to use the firm's map data on a host of devices including cellphones and gadgets based the much anticipated Android operating system. Under the terms of the 5-year deal Google will also continue to use Tele Atlas mapping data on a host of Google services such as Google Maps and Google Earth.

Yahoo-Google deal in antitrust probe

The US Justice Department has opened a formal antitrust investigation into a deal between Google and Yahoo to share some advertising revenue, The Washington Post reported.

Google- Yahoo deal faces antitrust probe

The US Justice Department has reportedly opened a formal antitrust investigation into a deal between Google and Yahoo to share some advertising revenue.

Google-Yahoo deal subject of antitrust probe

WASHINGTON -- The US Justice Department has opened a formal antitrust investigation into a deal between Google and Yahoo to share some advertising revenue,

Google-Yahoo deal subject of antitrust probe

WASHINGTON — The U.S. Justice Department has opened a formal antitrust investigation into a deal between Google and Yahoo to share some advertising revenue, The Washington Post reported on Wednesday.

Google-Yahoo deal subject of antitrust probe

WASHINGTON (Reuters) - The U.S. Justice Department has opened a formal antitrust investigation into a deal between Google and Yahoo to share some advertising revenue, The Washington Post reported on Wednesday.

Google-Yahoo deal subject of antitrust probe

WASHINGTON (Reuters) - The U.S. Justice Department has opened a formal antitrust investigation into a deal between Google (GOOG.O: Quote, Profile, Research) and Yahoo (YHOO.O: Quote, Profile, Research) to share some advertising revenue, The Washington Post reported on Wednesday.

Formal Antitrust Investigation Opened in Google-Yahoo Deal

The Justice Department has opened a formal antitrust investigation into a deal that would see Google provide some search advertising for Yahoo, The Washington Post reported citing sources familiar with the inquiry.

Justice Department to review Google-Yahoo deal (CNET)

CNET - The Justice Department has opened a formal investigation of the advertising deal struck last month between Google and Yahoo, The Washington Post reported on its Web site Tuesday evening, citing sources close to the inquiry.

Justice Dept Opens Google-Yahoo Antitrust Probe

The U.S. Justice Department has opened a formal antitrust investigation into a deal between Google and Yahoo to share some advertising revenue, The Washington Post reported on Wednesday.


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