Ask, the little search engine that can’t, but someday hopes to, is committed to becoming a viable competitor in a market overwhelmingly dominated by Google and Yahoo. It has not, as CEO Jim Safka vehemently points out in an interview with Forbes today, ceded the search battle to anyone.
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“The Stars’ Address is CBS.” And now it’s CNET Networks’ as well. CBS this morning said it agreed to buy the Internet news and entertainment company for $1.8-billion in cash. The deal values CNET at about $11.50 per share–a 44.6% premium to yesterday’s closing price of $7.95. That’s $.50 more than the $11 Jana Partners, the investment management firm plotting a proxy fight for control of the company’s board, had hoped to squeeze out of CNET, so presumably even dissident investors are glad to see CBS stepping in here.
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Well what do you know: the media buzz around Facebook doesn’t quite correlate with the site’s usage metrics. According to September comScore data, Zuckerburbia suffered a noticeable decline in unique visitors and page views both. Uniques are down 9.3%, page views 3.8%–this during a back-to-school month in which we should have seen both numbers spike.
What’s [...]
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