The European Commission has given its long-awaited blessing to Google's proposed $3.1 billion acquisition of online advertising company DoubleClick. Coming nearly a month ahead of an established April 2 deadline, the decision rested on the EC's findings that the merger would not hurt consumers or im...
European Union regulators are poised to approve Google's acquisition of DoubleClick, according to published reports, handing the search giant a major victory and clearing the way for the $3.1 billion takeover to be closed quickly. The European Commission will approve the merger without conditions, a...
I couldn't help but feel a bit of deja vu this morning as I entered the Desert Springs resort in Palm Desert, Calif., to attend eTail 2008. After all, I reported on the event last year in the same venue, and the hotel's atmosphere is as oasis-like as I remember it. This year's event is indeed simila...
Search giant Google missed analyst forecasts for fourth-quarter profit -- even as it slowed its hiring growth to curb expenses -- and executives cited the difficulties of making social networking advertising work as one of the factors for the miss. The longtime Wall Street darling joined a long list...
Seeking to reshape the online landscape and create a serious challenger to Google with a single bold stroke, Microsoft has made a $44.6 billion unsolicited bid to buy struggling portal Yahoo. The offer -- shareholders can choose either cash or the equivalent amount of Microsoft stock -- valued Yahoo...
European approval of Google's $3.1 billion acquisition of DoubleClick may be in doubt as privacy hearings held by the European Commission get underway. The hearings are focusing on whether Internet protocol, or IP, addresses should be considered personally identifiable information. The risk to the p...
If you lived under a rock throughout 2007 and recently surfaced to catch up on technology news, you likely will not recognize Google. Sure, the company still dominates the search market, its logo looks the same, and it continues to offer Gmail and other Web-based products. However, the "don't-be-evi...
Google received an early holiday present from federal regulators Thursday, as the Federal Trade Commission granted a wish the search giant has had on its list since April -- approval to complete its purchase of interactive advertising agency DoubleClick. The Federal Trade Commission approved the dea...
In a significant boost for its Internet unit, Microsoft has reached a long-term deal to work with media giant Viacom on content and advertising distribution, an agreement worth an estimated $500 million. The partnership calls for Microsoft's Atlas to become the exclusive advertising platform for all...
Building a multimillion-dollar business wasn't really on my mind at age 18. Tired of working odd jobs, I saw potential in online advertising. So, in exchange for a share in the startup, I persuaded my older brother Chris to let me charge $99 to his credit card for a domain name. For $33, third broth...
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