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Microsoft goes to Congress with Yahoo Google deal: related news
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Microsoft lost Internet search users in the United States to Google and former takeover target Yahoo last month, research firm ComScore said. Microsoft, the world's biggest software maker, handled 8.5 percent of queries in May, down from 9.1 percent the month before, Reston, Va.-based ComScore said Thursday in a statement. Google extended its lead to 61.8 percent, and Yahoo grew to 20.6 percent, ComScore said. The companies are vying for a bigger piece of the $41 billion online advertising market. Microsoft's talks to buy Yahoo's search business for $1 billion ended last week, around the time Yahoo struck a deal to show some Google ads on its search pages. Microsoft's proposal would have included an $8 billion investment in Yahoo. Google handled 61.
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via The Mercury News @ 15:07 20th Jun
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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.
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via Bangkok Post @ 21:23 29th Jul
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Could this be the beginning of the end for Yahoo? Yahoo's interest in a search deal with Google was initially viewed as a poison pill move to thwart efforts of Microsoft to acquire Yahoo. I certainly saw it that way as did many others. Yahoo has continued down this path, announcing a deal with Google late Thursday afternoon. The deal basically outsources Yahoo's search ad placement to Google AdSense. Hey, I use AdSense on my personal blog, so why shouldn't Yahoo! The more the merrier I always say.
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via NetworkWorld @ 16:57 13th Jun
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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.
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via Financial Express @ 5:43 17th Jul
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SAN FRANCISCO (AP): Microsoft Corp’s abandoned takeover bid for Yahoo Inc. appears to have culminated with a disheartening thud for those two companies but amounted to yet another coup for online search leader Google Inc. What began in January as Microsoft’s most audacious attack yet on Google instead paved the way for the Internet’s most powerful company to gain even more clout through a deal that gives Google access to a large chunk of Yahoo’s advertising space. By submitting to a partnership that endorses Google’s search advertising technology as a better choice than its own, Yahoo is giving online marketers even more incentive to spend most of their money with its biggest rival, according to industry analysts. It looks like such a sweet deal for Google that the US Justice Department and lawmakers are expected to take a hard look at th
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via Arab Times @ 21:10 15th Jun
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Yahoo and Google both told Congress their advertising deal would be good for consumers, while Microsoft argued the opposite.Yahoo and Google both told Congress their advertising deal would be good for consumers, while Microsoft argued the opposite.
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via CBC @ 21:43 15th Jul
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Microsoft dropped bid for all of Yahoo! on 8 June and launched a bid of USD 1 billion for Yahoo!'s search business and a share of future search advertising revenue. This proposal also included an USD billion investment in Yahoo! but required Yahoo! to commit to a 10-year exclusive arrangement, according to a letter sent to Yahoo! stockholders by CEO Jerry Yang and Chairman Roy Bostock. The letter explains the reasons for Yahoo! to sign a four year non-exclusive deal with Google for online advertising services and to end the talks with Microsoft, as their search-only hybrid proposal may have been helpful to Microsoft. The board and its advisers also carefully studied the financial impact of Microsoft's proposal and concluded that it would have provided no meaningful improvement to the operating cash flow.
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via Telecom.paper @ 6:07 28th Jun
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CWmike writes "Linda Rosencrance reports that despite assurances from Google and Yahoo that their online advertising deal doesn't need regulatory approval, the two companies should not be too quick to dismiss Microsoft's influence on Capitol Hill. Andrew Frank, an analyst at Gartner, said both Yahoo and Google will benefit from the deal, but he also said Microsoft will do everything in its power to bring the arrangement to a screeching halt. 'Expect Microsoft to challenge it and come back aggressively with some search plans of its own,' he said. Rob Enderle, of the Enderle Group, said Microsoft is a formidable opponent and knows how to play politics. 'Without Microsoft, this probably would stand up to regulatory scrutiny,' Enderle said. 'But Microsoft has increased its presence on Capitol Hill significantly .
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via Slashdot @ 19:42 14th Jun
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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.
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via Times of India @ 9:42 15th Jul
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Back in February, we pointed out that Google was playing with fire in suggesting that a Microsoft-Yahoo merger would violate antitrust laws. It seemed fairly obvious that those statements would come back to haunt Google -- a company many others have been accusing of antitrust violations. And, indeed, even with Microsoft still trying to buy Yahoo, Microsoft is now making nearly identical antitrust claims against Google concerning its ad deal with Yahoo. It's all legal posturing, of course, in an attempt to get the government to annoy a competitor. As Declan McCullagh points out at the link above, if either company really believes that the other was violating antitrust laws, it's perfectly free to file a private antitrust lawsuit. But, instead, both companies are playing a game in trying to get the government to be a pest for the other -- a
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via Techdirt @ 21:34 15th Jul
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snydeq writes with a story from InfoWorld which says that "Yahoo has ended its talks with Microsoft and is instead nearing an agreement with Google. Yahoo's purported reason for breaking off the talks? That Microsoft was only interested in purchasing Yahoo's search business, not all of the company. 'Such a transaction would not be consistent with the company's view of the converging search and display marketplaces, would leave the company without an independent search business that it views as critical to its strategic future and would not be in the best interests of Yahoo stockholders,' the company said in a statement. The deal with Google allegedly involves Yahoo's search advertising business. The move likely will draw more ire from Icahn and may in fact remain part of the elaborate poker game between the two companies.
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via Slashdot @ 2:03 13th Jun
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Microsoft has approached Congress over what it claims are antitrust concerns regarding Yahoo's advertising deal with Google.
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via Infomatics @ 10:58 17th Jul
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Microsoft has approached Congress over what it claims are antitrust concerns regarding Yahoo's advertising deal with Google.
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via Computing.co.uk @ 5:43 17th Jul
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Microsoft is speaking to the US Congress over what it says are anti-trust concerns regarding Yahoo's advertising deal with Google.
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via PC Magazine UK @ 22:36 16th Jul
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NEW YORK (AP) - Yahoo, Microsoft and Google took center stage in the tech sector this week, as Yahoo announced an advertising deal with rival Google after revealing that its takeover talks with Microsoft Corp. had ended without a deal.
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via Canadian Business Magazine @ 19:09 13th Jun
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TEL AVIV (MarketWatch) -- Yahoo Inc. said late on Saturday that it rejected a restructuring proposal from Microsoft Corp. and the investor Carl Icahn, and the Sunnyvale, Calif., Internet-services giant called on Microsoft to bid for the whole company. Yahoo said the Microsoft-Icahn plan, which it said would turn Yahoo's search business over to the Redmond, Wash., software giant and the rest over to the New York investor, was presented as a take-it-or-leave it proposition. "This odd and opportunistic alliance of Microsoft and Carl Icahn has anything but the interests of Yahoo's stockholders in mind," Yahoo Chairman Roy Bostock said in a statement. Yahoo said that while it rejected the restructuring, it offered two alternatives: "It repeated its offer to sell the entire company to Microsoft for at least" $33 a share, and it "offered to nego
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via MarketWatch @ 7:21 13th Jul
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Microsoft today argued that US House and Senate Judiciary Committees that the proposed Google/Yahoo deal, claiming that Yahoo's agreement to support ads through a non-exclusive deal is anti-competitive and would allegedly hurt innovation. The legal counsel for Microsoft, Brad Smith, expresses fears that Google would control as much as 90 percent of online advertising, allowing it to dictate prices and force companies to advertise through it for proper exposure. He also warns that Google could potentially have a monopoly on Internet services.
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via Electronista @ 12:49 16th Jul
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recoiledsnake writes "We have heard about lots of talented developers jumping ship from Microsoft to Google, but is the trend beginning to turn? Dare Obasanjo (a Microsoft employee) writes about a few high-profile people picking Microsoft over Google — either making the jump directly, or choosing Microsoft after receiving offers at both. Sergey Solyanik is back to Microsoft and he primarily gripes about the culture and lack of career development at Google. He writes, 'Everything is pretty much run by [engineering] — PMs and testers are conspicuously absent from the process. Google as an organization is not geared — culturally — to delivering enterprise class reliability to its user applications.' Danny Thorpe, who was the key architect of Google Gears, is back at Microsoft for his second stint working on developer technologies rel
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via Slashdot @ 20:19 30th Jun
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WASHINGTON -(Dow Jones)- A Microsoft Corp. (MSFT) official testified Tuesday that Yahoo Inc. (YHOO) Chief Executive Jerry Yang told Microsoft that the software maker wouldn't be strong enough to compete in the online-advertising market if Yahoo entered into a search-advertising deal with Google Inc. (GOOG).
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via Lloyd's @ 21:23 15th Jul
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While the Microsoft bid to buy Yahoo is long gone, its results seem to be lingering, as both Microsoft and Yahoo have lost search market share to Google since the failed merger was announced nearly 6 months ago. The Hitwise numbers--showing Google with 70.7% market share--just underscore how far both Microsoft and Yahoo (nevermind Cuil) need to go in order to break into Google's search lead. That 70.7% number could be a turning point.
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via NetworkWorld @ 9:52 13th Aug
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Yahoo! (YHOO) today announced that discussions with Microsoft (MSFT) regarding a potential transaction—whether for an acquisition of all of Yahoo or a partial acquisition—have concluded. The conclusion of discussions follows numerous meetings and conversations with Microsoft regarding a number of transaction alternatives, including a meeting between Yahoo and Microsoft on June 8 in which Chairman Roy Bostock and other independent board members from Yahoo participated. At that meeting, Microsoft representatives stated unequivocally that Microsoft is not interested in pursuing an acquisition of all of Yahoo, even at the price range it had previously suggested.
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via Business Week @ 6:44 14th Jun
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The ongoing US Congress investigation into online advertising seems to be having an effect on some of the companies as Google and Yahoo announced plans to allow users to opt out of targeted promotions on the Internet. While Yahoo announced a new one-click opt-out policy yesterday, Google made it possible to opt out of both Google and Doubleclick ad targeting with one click the day before. (See: US Congress investigates Google, Microsoft, Yahoo, over internet data collection)
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via Domain-B @ 7:06 10th Aug
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Redmond (WA) - Microsoft today added another episode to the Yahoo-Google-Microsoft-Icahn soap opera. Microsoft’s general counsel Brad Smith today told Congress members today that the a combination of Google and Yahoo will create less choice, less innovation and higher prices for online advertisers, content creators and consumers.
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via Tom's Hardware UK @ 14:43 16th Jul
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image You already know how the market reacted to yesterday’s news: Shares of Yahoo got slammed, as an ad deal with Google (NSDQ: GOOG) was seen as a poor substitute to a full or partial sale to Microsoft (NSDQ: MSFT). Even after yesterday’s swoon, the stock is off another 4 percent today to around $22.50—the lowest its been since Microsoft’s initial offer back in February. So as dreams of a sale fade, what does the Google deal mean for an independent Yahoo (NSDQ: YHOO). Analysts are busily sounding off this morning:
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via PaidContent.org @ 16:56 13th Jun
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WASHINGTON -(Dow Jones)- A Microsoft Corp. (MSFT) official testified Tuesday that Yahoo Inc. (YHOO) boasted Microsoft wouldn't be strong enough to compete with a combined Google Inc. (GOOG) and Yahoo in the online advertising market.
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via Lloyd's @ 21:24 15th Jul
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