WHAT THE OTHER PAPERS SAY THIS MORNING August 12, 2009 FINANCIAL TIMES BHP CALLS FOR MARKETS TO SET IRON ORE PRICESBHP Billiton, the world’s biggest miner, has made a plea for the “emotion and anxiety” to be taken out of the iron ore business with a shift to market-based pricing like oil or coal. The plea by Marius Kloppers, chief executive of BHP, came a [...]
Google to speed up search August 11, 2009 A post on the Google engineers blog has revealed that the internet search giant is developing technology which will “push the envelope on size, indexing speed, accuracy and comprehensiveness” of searches. The post invites web developers to try the new service and send them their feedback. The technology, nicknamed “caffeine”, could be launched soon after [...]
Tories link with Google on NHS August 10, 2009 THE TORIES said yesterday they will make huge savings in the NHS by scrapping government plans for a central database of patient records, and replacing them with a more flexible system hosted by Google or Microsoft. Every patient will be able to update their records with information like blood pressure and cholesterol levels via personal [...]
Razorfish bought by Publicis for $530m August 9, 2009 FRENCH advertising group Publicis yesterday agreed to buy Razorfish advertising agency from technology giant Microsoft for $530m (£317m) in cash and stock. Publicis beat off around eight interested companies for Microsoft’s unit, including the UK’s WPP plc and Japanese firm Dentsu. The Paris-based group’s chief executive Maurice Levy said the price paid was the result [...]
Razorfish bought by Publicis for $530m August 9, 2009 FRENCH advertising group Publicis yesterday agreed to buy Razorfish advertising agency from technology giant Microsoft for $530m (£317m) in cash and stock. Publicis beat off around eight interested companies for Microsoft’s unit, including the UK’s WPP plc and Japanese firm Dentsu. The Paris-based group’s chief executive Maurice Levy said the price paid was the result [...]
Friends Reunited was a squandered opportunity August 6, 2009 THERE’S a recession on, stupid. That was the response Michael Grade gave yesterday when pressed on why the broadcaster flogged its social network Friends Reunited for just £25m, having bought it for £170m less than four years ago. That the downturn has dented the value of the site, along with virtually every other media business, [...]
Google set to issue $106.5m August 5, 2009 Google said yesterday it will issue $106.5m (£68m) in stock to acquire On2 Technologies, as the search engine giant looks to shore up its video operations. On2 makes video-compression technology, which allows for the quick transfer of large video files across the Web. The group also has software that helps allows high-definition video playback to [...]
Yahoo cut a better Microsoft deal than was feared at first August 5, 2009 YAHOO’S share price lifted yesterday, after a regulatory filing in the US showed its 10-year tie-up with Microsoft to be more beneficial to the business than originally thought. Under previously disclosed terms of the deal, announced last week, Microsoft’s Bing search engine will power search queries on Yahoo’s sites, while Yahoo will handle the sale [...]
Yahoo cut a better Microsoft deal than was feared at first August 5, 2009 YAHOO’S share price lifted yesterday, after a regulatory filing in the US showed its 10-year tie-up with Microsoft to be more beneficial to the business than originally thought. Under previously disclosed terms of the deal, announced last week, Microsoft’s Bing search engine will power search queries on Yahoo’s sites, while Yahoo will handle the sale [...]
ABOUT SCHMIDT August 3, 2009 GOOGLE chief executive Eric Schmidt yesterday resigned from the board of Apple, citing conflicts of interest and increased competition between the two companies . The move comes amid increased regulatory scrutiny of the relationship between internet search giant Google and Apple, the maker of iPhones and Mac computers.