Yahoo stock slips as buyout talks end Google may be winner Seattle Times

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The first signs of outrage flared Monday as Yahoo s stock plunged percent in reaction to Microsoft withdrawal of its sweetened per share bid and two lawyers already suing the company s board vowed to amend their complaint to account for a massive loss in shareholder value. The breaking point in the month standoff occurred over the weekend when Yahoo co founders Jerry Yang and David Filo met with Microsoft Chief Executive Steve Ballmer after he had agreed to raise the software maker s bid by about billion or more than per share. Yang and Filo said Yahoo s board wanted per share a price the company s stock hasn t reached in more than two years. In response Ballmer pulled his offer off the table. In an interview Monday Yang indicated he had expected Ballmer to counter. We engaged with them and we wanted to find a way to get something done. But they walked said Yang who was named as Yahoo s chief executive officer months ago. If he wants to r! emain CEO Yang probably will have to show his turnaround strategy is compelling enough to propel Yahoo s stock beyond per share within a year. Yang has promised that a more sophisticated and far flung ad network will accelerate Yahoo s net revenue growth by at least percent in and up from the recent pace of percent increase. The company is doing better than three months ago Yang said Monday. I think in many ways this takeover threat has been good for us. We still have a lot of work to do to demonstrate that we can be successful and I am focused on that. But Yang s credibility has been undermined by Yahoo s repeated forecasts of better times ahead while its profits steadily eroded during the past two years. We are not willing to give Yahoo the benefit of the doubt that they can make meaningful improvement over the next three years UBS analysts Benjamin Schachter Heather Bellini and Abhey Lamba wrote in a joint research note. If Yahoo stumbles that could entice Microsoft to r! eturn with another takeover bid that would be more difficult to turn down. Venture capitalist Todd Dagres of Spark Capital likened this approach to a crocodile s. Rather than try to eat its prey while it s warm and tough Microsoft is dragging it down to the bottom of the river sticking it under a rock and eating it later when it s cold and soft he said. Although Microsoft has publicly indicated it will focus on measures besides buying Yahoo in its effort to make its Internet division profitable several analysts predicted the software maker will revive its offer in the summer or fall if Yahoo doesn t snap out of its two year funk the weakness that exposed it to an unwanted takeover in the first place. Should the frustration of Yahoo shareholders come to a boil we believe Microsoft could re enter the picture essentially playing the role of the white knight analyst David Hilal of Friedman Billings Ramsey Co. wrote in a Monday research note. With similar opinions reverberating through the stock market Yahoo s stock didn t sink as dramatically as m! any analysts anticipated. But Yahoo shares shed . to close at . wiping out nearly half the gain they had made since Microsoft made its bid Jan. . The drop left the Sunnyvale based company s market value about . billion below Microsoft s last offer. Yahoo s stock price was . before Microsoft made its offer. I was expecting to see a more extreme reaction to Microsoft s withdrawn bid Stanford Group analyst Clayton Moran said. Microsoft is trying to make it seem like it s not coming back with another bid but this somewhat muted reaction shows the market isn t buying it. If Microsoft returned with a real offer and a real proposal Yang said we would be happy to listen. Yang figures to get an earful from irate shareholders at the annual meeting. Yahoo finally set the meeting for July after indefinitely postponing it in early spring as part of its effort to foil a possible hostile takeover attempt by Microsoft. Now it may be Yahoo s shareholders who try to oust Yang and the rest of! Yahoo s board instead of Ballmer who had threatened an attempt to dump the directors if they didn t accept Microsoft s offer. Lawyers for two Detroit based public pension funds that sued Yahoo in February alleging it failed in its duty to act in shareholders best interests will amend their complaint to include the weekend s events according to a statement Monday from the firm Bernstein Litowitz Berger Grossmann. Meanwhile Google Inc. whose dominance in online search triggered Microsoft s bid appears poised to grow even stronger. Unnerved by the prospect of its two biggest rivals joining forces Google reached out to Yahoo to help thwart Microsoft s bid. The collaboration has prompted Yahoo to consider turning over some of its advertising space to Internet search leader Google whose technology yields higher profits from commercial links. If Yahoo announces an ad partnership with Google that could preclude a renewed bid from Microsoft because Ballmer thinks the alliance will diminish Yahoo s long term value. Many analysts share Ballmer s opinion! . While Google could boost Yahoo revenue by anywhere from million to . billion annually it might also hurt Yahoo by undercutting the appeal of its own ad platform. An alliance between Google and Yahoo also would cause regulatory headaches because antitrust officials would to take a hard look at the partnership because the companies combined control more than percent of the Internet s search advertising market. While analysts debated how Yahoo and Microsoft should proceed most agreed Google will benefit from the aborted takeover attempt. Even if Google doesn t end up selling ads on Yahoo s heavily trafficked Web site it has kept some of the Internet s biggest services out of Microsoft s clutches. We believe Google is a major winner given the failure of the Yahoo bid Stifel Nicolaus analyst George Askew wrote in a Monday note. Google is well positioned to continue to gain market share benefit from any Yahoo advertising deal and exploit any ongoing chaos at Yahoo and Microsoft! . Google shares gained . or . percent to close at . Monday. Time Warner Inc. also appears to be in a better negotiating position if it decides to sell its struggling AOL subsidiary as many analysts anticipate. Yahoo had been mulling a possible combination with AOL s online operations as a defensive measure against Microsoft. Now Microsoft may make a run at AOL if it s interest in buying Yahoo is truly dead. And if Microsoft enters the picture Google might offer to increase its percent stake in AOL just to repel Microsoft. A long list of Internet startups also could be in line for big windfalls if Microsoft and Yahoo step up their efforts to acquire more online weapons to challenge Google. And if Microsoft and Yahoo go shopping Google has plenty of cash to get into bidding wars for potential takeover targets like Digg Inc. LinkedIn Corp. and Facebook Inc. Freed of one another Yahoo and Microsoft are buyout prospectors we would expect a rush to deal environment BMO Capital Markets analyst Leland Westerfield. Most analysts believe Microsoft has t! o make some kind of bold move after its online division lost million through the first nine months of the company s fiscal year. Any notion of simply returning to the original pre Yahoo strategy is likely to be insufficiently defined and credible Bernstein Research analyst Charles Di Bona wrote in a Monday note. In a mild surprise Microsoft shares fell cents to . Monday. Most analysts thought the stock would climb because investors had driven down the shares during the last three months on worries that a Yahoo takeover would turn into an expensive mess. Copyright c The Seattle Times Company More Business Technology headlines. E mail article Print view Buy a link here More Business Technology Buyers drive hard bargains in Puget Sound area real estate market More fed action needed Bernanke says Google to expand in Kirkland Your pain at pump not going away Oil tops Zune sharpens social skills Marketplace Enjoy courses for May Dine at new Seattle area restaurants. New Urban Eat! s a dining event from NWsource. View participating restaurants Enter to win dinner for two Europeans say they re the men sought by FBI for behavior aboard a ferry last summer Driver dies at scene of car crash Man fatally shot at sports bar Local Digest M s manager doesn t deserve to take the heat for team s troubles Steve Kelley Home prices in King County continue upward trend Linebacker D.D. Lewis hopes to fit back into Seahawks system Clues sought years after Eastside slaying Men s Basketball Isaiah Thomas ready to play for UW after passing ACT HOT lane traffic moving smoothly Concerts at Marymoor Full lineup announced A E Dispatch Disney online group a creative engine in Seattle Brier Dudley Home prices in King County continue upward trend Driver dies at scene of car crash Harry Potter can t match magic of longtime children s classics How should you cruise Alaska Concerts at Marymoor Full lineup announced A E Dispatch Pour your guests a perfect margarita for Cinco de Mayo Seafood imports worries growing T Mobile parent might bid for Sprint ! For former WWII internees UW degrees come after year wait Site map Our network sites seattletimes.com Advanced The Seattle Times Company About the company Employment opportunities Seattle Times store Advertise with us Newspapers in Education Services Your account Log in E mail newsletters Contact us webmasterseattletimes

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Nokia teams with ARC Transistance to bring RTTI to mobile phones

Reports from Electronista is says that Nokia has teamed with ARC Transistance a European automobile club network to bring Real Time Traffic Information RTTI to their customer base. Apparently this RTTI service will be optional via Nokia Maps . and will probably incur a service fee of some description. RTTI could obviously benefit drivers by alerting them of any accidents road closures and congestion and in effect re route to avoid these. Nokia Beta Labs is offering their latest incarnation of Nokia maps . as a free download unlike the Apple iPhone. Access will be gained via a Nokia mobile handset through GPS which will mean no data charges. On a final note ARC s RTTI service for Nokia mobile phones is currently available through countries but will continue to encompass further countries in the future. Source electronista This entry was posted on Sunday May th at am and is filed under Apple iPhone News Nokia Phone Software arc european gps handsets rtti . 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Unwired Appeal launches ATM Locater for Cell Phones PR Web press release

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Barry Diller To Back Tina Brown News Site CBS News

Former New Yorker and Vanity Fair editor Tina Brown is teaming with Barry Diller on the creation of a non partisan news aggregation site Radar reports . Edward Felsenthal the former deputy managing editor of the Wall Street Journal who has lately been serving as a consultant at Portfolio has been tapped as the site s editor. Brown is mum on when it will launch or what the site will be named. Radar highlights a recent NYT item on the Huffington Post s estimated million but Brown doesn t take the bait insisting that she s not trying to compete with the left leaning news site. Joseph adds A source familiar with the project says it s not a Diller project per se but an IAC NSDQ IACI venture. Consistent with Brown s insistence that she s not going after the Huffington Post we re told the venture will not produce original content but will consist of hand selected links to outside posts much of it with a cultural focus. Early versions of the site have experimented with links display! ed on a map and on a chart somewhat similar to New York magazine s Approval Matrix which places events from the week on a grid based on the editors tastes see an example here . Also for some perspective on the company s successes with recent launches check out FiLife.com the personal finance JV it launched with Dow Jones NYSE NWS last year. It s exactly where it was when it quietly launched last Augustit s just a finance blog with one post every few days. We re not sure exactly what the status of it is but one of its editors Ron Lieber recently left to start personal finance column at the New York Times NYSE NYT . Also as Radar notes the company s homegrown comedy site tagline Some Of The News Most Of The Time a JV with the Huffington Post doesn t seem to have had much of an impactthough at least it appears to have fresh content. By David Kaplan Copyright c paidContent.org E Mail Story Print Story Sphere Share Text Size A A A Comments Post Your Own Now you re in the public ! comment zone. What follows is not CBS News stuff it comes from other people and we don t vouch for it. A reminder By using this Web site you agree to accept our Terms of Service . Click here to read the Rules of Engagement . Back To Top Most Viewed Stories Videos Photos Man Is Six Months Pregnant Ex Stripper Gets Years For Murder Plot Wife s Fortune Connections Boost McCain Nazi Orgy Scandal Rocks Formula One Killed In Rural Pa. House Fire RSS FAA Under Fire Casino Garage Implodes Eye To Eye Truth On The Trail Why Oh Why Do Candidates Lie U.S. Looks Abroad To Borrow RSS Celebrity Circuit Celebrity Circuit Photos Of The Day Fatal Pennsylvania Fire Photos Of The Day RSS Advertisement Top Stories Videos Photos CBS Poll Views On Economy At All Time Low CBS NY Times Poll Just Percent Of Americans Say The Country Is On The Right Track FAA Whistleblower Says He Was Threatened Zimbabwe Opposition Reports Crackdown Bernanke Defends Bear Stearns Bailout CBSNews.com Front Page RSS FAA Inspectors Cry Foul A parade of current and former FAA inspectors desc! ribed to Congress how they were ignored even punished for reporting safety lapses at Southwest Airlines. Nancy Cordes reports. Bailout Bill Boon Or Bust Polls Shift To Obama s Favor Infant Abuse Exposed CBSNews.com Front Page RSS Photos Of The Day Images From The Day s News And Events Photos Of The Day Celebrity Circuit Fatal Pennsylvania Fire CBSNews.com Front Page RSS PaidContent Stories In Austin For th International Symposium on Online Journalism In Austin OurStage Raises Million In Angel Money For Music Site Apple Surpasses Wal Mart As Number One U.S. Music Seller Interview Douglas Merrill President EMI Digital Business We Need To Question Everything Section Front Page RSS Advertising Links What s This Search CBS News The Web Tips CBS Evening News The Early Show Hours Mystery Minutes Sunday Morning Face The Nation Up To The Minute Main Local U.S. World Politics SciTech Health Entertainment Business Sports Strange Travel Opinion Videos In Depth Photos Blogs Mobile E Mai! l RSS Widgets Podcasts CBSNews.com Site Map Video Site Map Mobile WAP Site Help Advertise With Us Contact Us Terms of Service Privacy Policy CBS Bios Internships Recommended Sites CBS Corporation The ShowBuzz CBS.com CBSSports.com CWTV.com ETOnline.com The INSIDER CBS Store CBS Careers CBS Cares MMVIII CBS Interactive Inc. All Rights Reserved

Source: http://www.cbsnews.com/stories/2008/04/02/paidcontent/main3991057.shtml

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Integrated audio sucks

Integrated audio sucks Integrated audio sucks. I have an Audigy that supports EAX . so I hear a wider variety of higher quality effects than the AC codec which only supports EAX . . Also my Audigy has high quality output jacks and a more powerful onboard amplifier. The only thing I dislike about my Audigy is that I can t record isolated channels so I have to use a relay to correctly record my DJ mixing software. I m a big gamer so EAX spec is important to me. I ve been happily buying Creative Creative Labs hardware since Sound Blaster . but I d gladly buy a competitor s product if it supported at least EAX . . None seem to. The absolute truth is that even if Creative is a greedy company in pricing and corporate policies they make high quality products from high quality parts so games sound amazing on them. This entry was posted on Sunday March th at am and is filed under Hardware Technology . You can follow any responses to this entry through the RSS . feed. You can leave a ! response or trackback from your own site. Leave a Reply Name required Mail will not be published required Website XHTML You can use these tags Archives March Categories U.S. Elections American Canadian Football Apple Arts Culture Autos Baseball Basketball Business Finance Celebrity Comedy Comics Animation Design Educational Entertainment Environment Extreme Food Drink Gadgets Gaming Gaming Industry News General Sciences Golf Hardware Health Hockey Industry News Lifestyle Linux Unix Microsoft Mods Movies Music Nintendo Odd Stuff Offbeat Other Sports PC Games People Pets Animals PlayStation Political News Political Opinion Programming Science Security Software Space Sports Tech Industry News Technology Television Travel Places Uncategorized US Elections World Business World News Xbox Recent Entries Front door light only useful for when expecting visitors CheckM. Integrated audio sucks Ah but Linux states quite good Actually it is the bank s fault Please refer to my comment to! you above I use my Audigy to DJ with Traktor DJ Studio YOU are exactly what is wrong with the world and with out true re. Kudos to google for braving up to hosting such a controversial mo. The problem with your rebuttal is that the US economy is a mixed . meh i like voicing my opinion Copyright Susuto Powered by WordPress ProSense theme created by Dosh Dosh and The Wrong Advices

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