
Yahoo claimed 20.6 percent of all U.S. search queries in February, according to comScore. A year from now it will claim just 17.51 percent or less, its share gutted by the loss of deals that once made Yahoo’s the default search toolbar on new HP and Acer PCs.
Who got those deals? Microsoft and Google, of course.
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Investors holding shares in foundering satellite radio outfit Sirius XM just received a bit of welcome news. The company has closed its investment deal with Liberty Media, resolving the “uncertainty” surrounding its debt maturing in 2009. Good thing too, because that uncertainty was pretty worrisome.
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Facebook manager Justin Rosenstein once described the social network as “the Google of yesterday, the Microsoft of long ago.” Today, Rosenstein perhaps views it as the Facebook of So Totally Last Week, because he’s leaving the company, along with departing Facebook co-founder Dustin Moskovitz.
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The hammer has fallen once again on Stanford “Spamford” Wallace. A federal judge in Los Angeles yesterday awarded MySpace a $230 million judgment against Wallace who, with partner Walter Rines, broadcast some 730,000 junk messages to MySpace members in October of 2006. The judgment is believed to be the largest anti-spam award to date, not that it really matters, since MySpace is unlikely to collect it.
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