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Baidu was accused of letting unlicensed medical services pay for prominent positions on its pay-for-performance (P4P) search platform, netting them more "clicks" for expensive but useless treatments. The claims sparked widespread public criticism of the Chinese search giant and dragged down Baidu's stock. And now Baidu's chief executive officer, Robin Li, has promised action.
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Microsoft is not commenting, and Yahoo says it does not comment on rumors, but a key executive is quoted as saying a deal to replace the old leadership of Yahoo and get a deal done with Microsoft is not happening.
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Yahoo shares fall on word from Microsoft CEO Steve Ballmer that his company would not be interested in an outright purchase of Yahoo, but is still very much interested in a search partnership. Microsoft withdrew its $47.5 billion buyout offer for Yahoo in May after Yang and his board rejected the bid as too low. Microsoft then offered to buy Yahoo's search business, but Yahoo decided instead to sign a search advertising deal with Google which was opposed by regulators and did not happen.
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If Microsoft does eventually buy Yahoo, shareholders should brace themselves for a price far lower than the $47.5 billion the software behemoth offered earlier this year. Online display advertising, a core Yahoo business, has also shrunk as corporate advertisers scale back on Web marketing promotions amid a global economic slump.
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Yahoo CEO Jerry Yang will leave the role as chief executive of the number 2 search engine on the Internet. After deals with Google, Microsoft and AOl have gone virtually nowhere, Yang will step down to focus on Yahoo's technology and strategy.
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Microsoft CEO Steve Ballmer dismisses the idea that Microsoft is interested in revisiting a purchase for Yahoo in total, but says they may still want to partner on search.
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Hours after arch rival Google ditched its search advertising partnership with Yahoo, Yahoo CEO Yang said he remains open to selling the Internet company to Microsoft, but at the right price. Will Microsoft still be interested?
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The U.S. Justice Department said it had told Google that it planned to file a lawsuit to block the Yahoo and Google search advertising deal on antitrust grounds. Google decided, to Yahoo's disappointment, that it would not pursue the deal any further.
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The two Internet companies have submitted a reworked proposal to the U.S. Department of Justice that shortens their partnership to just two years from 10 years, the source said.
The revised deal also caps the percentage of search revenue that Yahoo can collect from Google at no more than 25 percent, and lets Google advertisers opt out of being placed on Yahoo, the source said.
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Google may not want to go with antitrust restrictions when it comes to its proposed search-advertising deal with Yahoo.
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Microsoft, the world's largest software maker, has seen a wave of competitors from Web start-ups to Google offering word processing, presentation and spreadsheet software over the Internet for free with advertising or a monthly subscription.
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Shares of Yahoo jumped 12 percent on the news that Microsoft is still interested in some kind of Yahoo deal, as investors hoped Ballmer's comments could lead to the two sides returning to the negotiating table. The share gains were pared back to about 10 percent after Microsoft issued a statement saying it had no interest in buying Yahoo.
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An expected Federal Communications Commission report will discuss the feasibility of opening up "white spaces" -- unused pockets of the wireless spectrum to become available when broadcasters move completely to digital television next year -- for unlicensed use.
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Ask.com's says its relaunched search engine will improve search relevance by adding structured data feeds to its results rather than finding random or unorganized data from around the Web like most search engines do.
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The widely-anticipated G1 phone made by HTC, has a touch-sensitive screen, a computer-like keyboard, Wi-Fi connections and uses Google's new Android operating system. Available in three colors -- black, white and brown -- it includes familiar Google services, such as Google Maps, Gmail and YouTube. Like the iPhone and other "smartphones" the device is meant to broaden the appeal of Web surfing on the go.
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