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Thursday, February 14, 2008

Yahoo Acquires Video Service for $160M

"Undeterred by the threat of a hostile takeover, slumping Internet pioneer Yahoo Inc. completed an acquisition of its own Tuesday by buying online video service Maven Networks Inc. for $160 million."

http://money.aol.com/news/articles/_a/yahoo-acquires-video-service-for-160m/n20080212214809990008

Yahoo Explores Alliance With News Corp.

"Yahoo Inc. hopes media conglomerate News Corp. can rescue it from a Microsoft Corp. takeover - or at least prove the slumping Internet pioneer is worth more money than its unsolicited suitor wants to pay."

http://money.aol.com/news/articles/_a/yahoo-explores-alliance-with-news-corp/n20080214000509990020

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