Monday - December 22, 2008
Warner Music Group has started pulling some of its songs from YouTube, a move that apparently reflects a breakdown in the renegotiation of a licensing agreement between the two sides. Warner licensed its entire music catalog to YouTube just before the latter was acquired by search engine powerhouse Google for $1.65 billion a few years ago. YouTube also has licensing agreements with Vivendi's Universal Music Group, Sony BMG Music Entertainment and EMI Group. Universal and Sony are also renegotiating their licensing deals with YouTube.
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Thursday - December 18, 2008
Apple must allow operators other than France Telecom's Orange to sell its popular iPhone mobile handset, the French competition regulator ruled Wednesday. The decision overturns an exclusive arrangement with Apple that has allowed Orange to be the iPhone's exclusive distributor in France since the phone was launched last year.
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Friday - December 12, 2008
George W. Bush's presidential library domain name has been retrieved after a Web developing company accidentally let it expire -- and it apparently came at a high price. Yuma Solutions originally purchased the name from a private citizen for $3,000 but let it expire. Illuminati Karate snapped it up for less than $10 and then sold it back to Yuma for $35,000.
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Thursday - December 11, 2008
Lenovo Group announced Thursday that it is in preliminary talks on a potential investment opportunity and acquisition in response to recent rumors that it intends to buy a Brazilian company. Lenovo said in the announcement that no agreement between the two sides had been made yet and refused to disclose more details.
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Wednesday - December 10, 2008
One of Yahoo's largest shareholders is urging the beleaguered Internet company's board to sell its search assets to Microsoft. Ivory Investment Management, a Los Angeles-based hedge fund, on Wednesday submitted a letter to Yahoo's board proposing a deal whereby Yahoo would sell its search assets to Microsoft.
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Friday - December 5, 2008
If activist investor Carl Icahn is going to profit from his $1.8 billion bet on Yahoo, the billionaire needs the struggling Internet company's stock to more than double in value. Icahn, who muscled his way on to Yahoo's board during the summer, has paid an average of $23.59 per share to accumulate a 5.5 percent stake in the Sunnyvale, Calif.-based company, according to a Thursday SEC filing.
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Wednesday - December 3, 2008
After surging 7 percent Tuesday on rumors that a former AOL executive wants to acquire Yahoo for as much as $30 billion, the beleaguered Internet portal's shares were down nearly 5 percent at $11.02 per share in mid-day trading on Wednesday but closed flat as the market rallied. Jonathan Miller, former chairman and CEO of AOL, is reportedly trying to raise as much as $30 billion to buy Yahoo.
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Monday - December 1, 2008
Sprint Nextel and Clearwire have joined forces to build a nationwide high-speed wireless Internet network using worldwide interoperability for microwave access, or WiMax, technology. The $14.5 billion merger closed Monday with $3.2 billion in equity funding from a variety of heavy hitters in the technology and telecommunications industries.
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Friday - November 21, 2008
In four years, driving a car in the San Francisco Bay area may involve a variation of the "plug and play" concept. Think "plug and drive," if the mayors of San Francisco, Oakland and San Jose and start-up Better Place have their way. The company, founded by former SAP executive and Wired magazine cover subject Shai Agassi, announced a private-public partnership Thursday with the three mayors and regional entities.
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Friday - November 21, 2008
TV shows like "The Hills" focus on the petty squabbles that go on in the world of spoiled, vapid socialites. I can't think of a program that gets into the catfights that go on in the IT world, and I don't know whether there'd really be a huge audience for something like that, but they do happen, and court documents in an ongoing lawsuit have revealed some juicy tidbits.
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