The two companies had reportedly been in the final stage of talks to bring Digg into the Google News group for US$200 million. Some sources said the trouble was due to technological incompatibilities, while another said it was more about a clash of personalities.
NEW YORK – Yahoo Inc., will appoint activist investor Carl Icahn and two of his nominees to its board, defusing a proxy battle showdown and making an immediate deal with Microsoft Corp less likely.
Yahoo Inc. averted a showdown with rabble-rousing investor Carl Icahn on Monday by giving him three seats on its board of directors in a truce that still leaves the door open for a possible sale to Microsoft Corp.
With talks of an acquisition in the final stage, Google reportedly decides not to buy the social-news site.
Google has ended negotiations to buy social-news site Digg.com, according to TechCrunch.
The third of the big three proxy advisory services has issued its recommendation on how investors should vote during Yahoo’s upcoming election. The advice: send a message about Yahoo’s overpaid top brass.
Italian prosecutors are preparing to file charges in a 2006 case against four Google Inc. executives over a video on the Internet provider’s Italian-language site, the Wall Street Journal said.
Yahoo has become the latest company to abandon customers who bought tracks from its music store encoded with DRM, drawing fire…
Yahoo Japan (4689.T) said on Friday that it would cancel 2.01 percent of its outstanding shares, or roughly 1.22 million shares, on Aug 8.
Google has launched its own version of communally constructed online encyclopedia Wikipedia, which consistently ranks among the most visited websites in the world.
