Well, after 3 months of negotiations, speculations and rumors the saga between Microsoft and Yahoo seems to be over, for now. Microsoft has formally withdrawn their offer to buy Yahoo while the second publicly declared a victory for the Web at all. While there are clearly no winners in this virtual war here is what […]

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In a recent conference call Amazon has announced that it has reached over $131M in sales during the fourth-quarter of 2007 from its Web Services, which much or less means more than $500M in revenues for the entire fiscal 2008 for Amazon coming solely from its Web Services. When compared to the $5.7B for the […]

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While AOL is trying to shop itself around they seem are not stopping the shopping spree themselves and keep on buying second tier web companies. After snatching Bebo last month, they have bought yesterday the related content engine Sphere, which is mainly used across blogs on Web.  So it seems to be official already: AOL has […]

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When last week we wrote about Yahoo’s shares going up on rumors that Microsoft is going to increase their bid for the Internet giant it seems those rumors were not very accurate. This week Microsoft gave Yahoo a very strong signal it won’t happen.
Sources “close to the company” tell the Wall Street Journal that Microsoft […]

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Everything leads us to the simple conclusion that Nuance is taking on SpinVox’s voice-to-text technology. It has always been interestingly enough to see how pouring big VC money into an idea, market niche, product or solution is always attracting some bigger player to try and exploit it. It seems the case with SpinVox today is […]

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BeInSync Ltd., an Israeli-based provider of an all-in-one solution that allows users to backup, synchronize, share and access data online has been acquired by Phoenix Technologies for an undisclosed amount. However, Techcrunch has reported the company went for $25M.
Phoenix Technologies, based in Milpitas Calif., is a public company (PTEC) established in 1979 and designs, develops […]

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To make a long story short a Citigroup Investment Research analyst believes that rather than let the deal fall apart, Microsoft will increase its buyout offer for Yahoo. Citigroup has raised its Yahoo price target to $34 per share based on their belief that Microsoft will revise its takeover offer. The guy is named Mark […]

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An interesting deal happened a few months ago, announced in October 2007 and closed in November the same year. Interwoven, a public company traded on NASDAQ, has acquired the said website optimization pioneer Optimost.
The both companies then said that combination of Interwoven’s Content Management Solutions with Optimost’s Multivariable Testing and Optimization Solution will help organizations […]

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Bebo, the global social network strong enough in UK and among the first in US, has quietly been up for sale for quite some time shopped around by the secretive investment firm Allen & Co. A number of potential acquires passed on a deal for Bebo, including News Corp., Microsoft and Google, sources tell. Yahoo […]

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Today is a sad day for AOL, which somehow contrasts to the big day the company had in 2000 when they merged with Time Warner in what was then the biggest deal for the dot com era. All indicates that AOL is offered up for sale.
AOL, which is a symbolic company for the Internet the […]

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While reading over our daily dose of web 2.0 news and stories across our favorite technology blogs, we came across a very interesting theory being discussed on a few of these blogs.
Based on what we have read, and understood, it might turn out that Digg has a track record of surrendering to the mob when […]

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Digg, the user generated news site, has been pretty serious on getting itself sold for quite long time now. Just late last year they have hired Allen & Company to shop the site for what rumors claim to be anything in the $300 million range. There were literally millions of speculations around the blogosphere why […]

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Compete, which started out in 2000 as an Idealab company, raised over $40M in funding to date, incurred $4.5M losses for the last year off $15M revenues and had hard time lately to compete with Quantcast has its exit day today. Compete has been acquired by the market research leader Taylor Nelson Sofres (TNS) for […]

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Getty Images Inc. the world’s leading creator and distributor of visual content and other digital media announced today that it has entered into a definitive merger agreement to be acquired by affiliates of the private equity firm Hellman & Friedman LLC in a transaction valued at approximately $2.4 billion, including the assumption of existing debt.
Under […]

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Undeterred by the threat of a hostile takeover Microsoft imposed over them a couple of weeks ago Yahoo seems to have completed an acquisition of its own Tuesday by buying online video service Maven Networks Inc. for $160 million.
The deal marks Yahoo’s latest attempt to expand its online advertising network and more concrete its online […]

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The saga continues. Following the firm “NO” of Yahoo as of yesterday, Microsoft has put up today an official press release responding to the Yahoo!’s NO with “Reiterates Full and Fair Proposal for Microsoft-Yahoo! Combination”
REDMOND, Wash., Feb. 11 — Microsoft Corp. (Nasdaq: MSFT) today issued the following statement in response to the announcement by Yahoo! […]

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After we reported the strong NO of Yahoo! to Microsoft over the weekend (Saturday) here is the official response of the Yahoo!’s board of directors.
Yahoo! Board of Directors Says Microsoft’s Proposal Substantially Undervalues Yahoo!
SUNNYVALE, Calif., Feb 11, 2008 — Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, today said the Yahoo! Board of Directors has […]

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Internet giant Yahoo’s board has decided to reject Microsoft’s takeover bid, saying its 44.6 billion dollar offer “massively undervalues” Yahoo, the Wall Street Journal reported earlier today.
Yahoo’s board also believes the Microsoft offer, at 31 dollars per share, does not account for risks facing Yahoo if it pursues a deal that might be ultimately blocked […]

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A few days ago we were trying to analyze who is going to eventually make a counter offer to match or outbid the Microsoft’s $46B offer for Yahoo!.
By that time multiple sources were reporting counter offers are in preparation by competitive bidders trying to snatch Yahoo! before Microsoft does it. We then exclude Google from […]

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While everybody is waiting to see what is going to happen between Microsoft and Yahoo, the first made yet another technology acquisition – bought the 3D modeling and animation software company called Caligari to further improve its Virtual Earth. Caligari appears to be not the typical web 2.0 company one might think of at first […]

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