Yahoo’s search deal with Microsoft is underperforming, CEO Marissa Mayer said during an appearance at the Goldman Sachs Technology and Internet Conference in San Francisco on Tuesday.
The deal has not delivered the market share gains or revenue boost that was expected, Mayer said. Yahoo and Microsoft inked the 10-year search partnership in 2010 as part of an effort to challenge Google.
I know Yahoo declined the recent Microsoft deal but what if Microsoft would sweeten the deal and yahoo excepts it, would the Yahoo brand die? I mean look Yahoo has a line-up of dedicated services like mail, messenger and now even Flickr with a host of users and with a merger how would they keep the loyal fanbase?
Yahoo hosted a search event at its headquarters Wednesday that seemed designed mainly to remind the Silicon Valley press that it is still working on Internet search. Meanwhile, the European Commission plans to approve the deal between Microsoft and Yahoo to install Microsoft as the exclusive provide ...
Nokia's shareholders have approved the sale of its devices & services unit to Microsoft at an EGM held today in Helsinki, the FT reports. The transaction is still expected to close in the first quarter of next year, with Nokia in a caretaker role of its own mobile making division until early 2014.
It's the end of an era for Nokia.
Oracle has pledged it will not assert copyright claims over MySQL and that it will extend terms and conditions of existing commercial licenses of the database for five years in the hope that the European Commission will approve its $7.4 billion pending acquisition of Sun Microsystems.
The Nokia-Microsoft deal that will see the former’s handset business find a new home at the latter is still a go, and should wrap in the first quarter of this year. That gives the deal around 1.5 months to get itself over the finish line.
Nokia today released a statement to that effect, emphasizing that a tax squabble in India would not impact the closing of the deal.
Signed in 2010, Microsoft and Yahoo’s ten-year Search Alliance was supposed to lift Google’s stronghold on search advertising. But the deal has steadily eroded since then, with the latest sign coming from a court filing that says Yahoo tried to delay adopting Bing search in Taiwan and Hong Kong.
U.S. District judge Robert P.
The Australian Taxation Office appeared to have bargained the division of HP formerly known as EDS (now HP Enterprise Services) down a bit in its negotiations with the supplier over the centralised computing contract the pair inked late in 2010, putting a $738 million price tag this morning on the deal -- substantially less than the $800 million expected.