Yahoo’s exploratory advertising deal with Google has given it an alternative to Microsoft’s unsolicited takeover bid after all–the possibility of a federal antitrust investigation. The Justice Department is reportedly examining the companies’ dalliance amid concerns that it violates antitrust laws.
Which isn’t surprising at all, really. Together, Yahoo (YHOO) and Google (GOOG) control more than 80% [...]
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During the week of Jan. 28, Internet access to a large portion of the Middle East and South Asia was disrupted when five undersea Internet cables were cut or damaged in relatively quick succession. Egypt lost about 70% of its Internet capacity, India about 50%.
What caused the disruptions? Finding five accidental failures in a week [...]
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If you think our witnesses today are uncomfortable sitting in this climate-controlled room and accounting for their company’s spineless and irresponsible actions, imagine how life is for Shi Tao, spending 10 long years in a Chinese dungeon for exchanging information publicly–exactly what Yahoo claims to support in places like China.”
–Statement of Rep. Tom Lantos (D., [...]
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Yahoo has invested millions of dollars in China over the years. Indeed, it’s a cornerstone investor in Chinese e-commerce site Alibaba.com, which is slated to go public next week in one of the hottest technology initial public offerings since Google.
It had to run afoul of the language barrier sometime, right? It’s just a shame that [...]
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The fat lady of justice has finally sung for Frank Quattrone. A federal judge yesterday officially dismissed criminal charges against the defrocked Silicon Valley financier, clearing him of charges that he obstructed an investigation into Credit Suisse First Boston’s practice of steering shares of hot IPOs to favored investment-banking clients. “Today, the legal system has [...]
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