November 24th, 2004
Merrill Lynch has reinstated coverage of Yahoo! at “neutral.” Merrill said, “While Yahoo! should benefit from favorable secular trends and continues to be dominant in the Internet advertising industry, it is currently trading at a slight premium to its peers” and the current valuation provides “little room for further multiple expansion.” The research firm said […]
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November 24th, 2004
Google Inc. traded higher in after-hours action as the Internet search giant was given a $215 price target, one of its highest price goals yet.
Late Tuesday, Goldman Sachs media and Internet stocks analyst Anthony Noto issued a 73-page initiation report on Google with a stock-price target that’s nearly 29 percent above Tuesday’s daytime closing price […]
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November 24th, 2004
Yahoo! is stepping up its holiday promotions this week, bringing a giant snow globe to Times Square to promote the recently updated Yahoo! Shopping service.
(source: Clickz)
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November 23rd, 2004
EWeek reports that that Yahoo! has gone live with its upgrade of itas My Yahoo! service addition that focuses on aggregating RSS feeds.
The Sunnyvale, Calif., company made its revamped My Yahoo generally available on Friday after a two-month beta test.
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November 23rd, 2004
Google has filed a lawsuit against an operation by the name of Auction Experts, that it claims systematically clicked on text ads to defraud its advertising network.
The case, filed in the Superior Court of Santa Clara County in California, is among the first civil lawsuits to relate to click fraud. The lawsuit charges that […]
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November 23rd, 2004
Google have announced that Nikesh Arora has been appointed vice president of European Operations. Arora brings 16 years of diverse management experience to Google’s expanding European operations and his appointment represents Google’s continued commitment to growth in Europe. Arora will join Google in December, 2004, based in London.
In this newly created role, Arora […]
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November 23rd, 2004
SAP Info reports that a Google executive has stated that the company may in future consider providing corporate blogging tools and expertise to interested clients.
Google deployed an internal blog for its employees shortly after acquiring Blogger in 2003. Since then, Google staffers have reportedly found many useful and creative uses for the internal blog. […]
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November 22nd, 2004
Rumours that affiliate marketers might be barred from the Google AdWords program may result in a big revenue hit for Google.
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November 22nd, 2004
The Tech Report reports that not all Microsoft Hotmail and Yahoo Mail accounts have yet received promised storage upgrades.
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November 22nd, 2004
Kleiner Perkins Caufield & Byers, one of Silicon Valley’s better known venture firms, has turned its money-losing ninth fund into a winner, on the back of Google.
Reports say that Keiner Perkins has distributed 5.78 million shares to its investors at $172 per share equal to $994.2 million, enough to double investors’ money.
(source: Silicon Beat)
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