The Justice Department has asked Google and publishers for information about the settlement of a book-scanning dispute, signaling that a federal probe is underway.
Google pulled out of a proposed advertising partnership with Yahoo yesterday after the Justice Department signaled it would oppose the deal because it could help the dominant Web company become a monopoly.
Internet giant Yahoo is set to announce today that it will allow users to shut off targeted advertising on its Web sites, a move that comes as a congressional committee continues to air concerns about consumer privacy.
Technology giants Yahoo and Apple yesterday reported sharply contrasting quarterly results, with Yahoo announcing a 64 percent drop in profit and plans to cut 1,500 jobs.
SAN FRANCISCO — If activist investor Carl Icahn is going to profit from his $1.8 billion bet on Yahoo Inc., the billionaire needs the struggling Internet company’s stock to more than double in value.
Search giant Google beat analyst estimates yesterday when it reported a 26 percent increase in third-quarter profit, bolstering the company’s claim that online advertising will hold up in a slowing economy.
SAN JOSE — Having endured takeover attempts by Microsoft and then billionaire investor Carl Icahn, executives and board members at Internet giant Yahoo sought to assure rattled shareholders at the annual meeting here yesterday that the company has a plan for regaining its momentum after a multiy…
SAN FRANCISCO — One of Yahoo Inc.’s largest shareholders is supporting the re-election of the Internet company’s incumbent board, delivering a significant blow to an attempted coup being led by activist investor Carl Icahn.
