Tuesday, October 14, 2008

Google & Yahoo In Talks with DOJ

Google and Yahoo are still working out their deal.

According to BizJournals...
Yahoo Inc. and Google Inc. are talking with the U.S. Department of Justice in hopes of protecting their proposed advertising agreement, according to a report Tuesday.

The Wall Street Journal reported that Sunnyvale-based Yahoo (NASDAQ:YHOO) and Mountain View-based Google (NASDAQ:GOOG) are still in early stages of negotiations with the DOJ.

Antitrust concerns have been raised about the proposed deal by advertising groups who say Google would gain too much of the online advertising space.

The Journal reported that both companies have talked about some concessions to allay concerns, including a cap on the volume of Google ads used by Yahoo.

In October the companies delayed their proposed deal in the face of heavy opposition from advertising groups in the U.S. and beyond.

At the time Yahoo said in a statement that the two companies "have had discussions with regulators and look forward to responding to their questions about this agreement."

Google added, "As we are still in conversation with the Department of Justice we have agreed to a brief delay in implementing the agreement while those discussions continue."

I like watching these big internet corporations do their thing in the modern business world.

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Friday, October 3, 2008

Wells Fargo To Buy Wachovia

We've been following the financial crisis news all week regarding the Wall Street bailout. Now it seem, according to the New York Times, Wells Fargo is going to buy Wachovia.
In a stunning reversal, the Wachovia Corporation said early Friday that it planned to be acquired by a rival bank, Wells Fargo & Company, for about $15.1 billion in stock.

The announcement came four days after Citigroup believed that it had cemented a deal with Wachovia to buy most of its banking operations for $1 a share or $2.2 billion in a deal brokered by federal regulators. With Wachovia on the brink of collapse, the government agreed to cover any losses above $42 billion, an indication of the urgency of regulators to get a deal done.

But Wachovia has now apparently rejected the Citigroup deal in favor of Wells Fargo. That deal calls for Wells Fargo to buy all of Wachovia for $7 a share and requires no assistance from the federal government. Wachovia customer deposits would be protected in both deals.

Still, the agreement requires the approval of Wachovia shareholders and regulators. In an announcement Friday, the Federal Deposit Insurance Corporation, which brokered the Citigroup-Wachovia deal, said that it “stands behind its previously announced agreement with Citigroup.”

It's never a dull moment in business these days!

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Friday, August 17, 2007

Get Loans Online

Are there enough ways to get rich or are there too many that present themselves in one day? You can borrow to start your own business or go on vacation!

How about online loans and what they have to offer.

Do you need a payday loan?

You can get $5,000 online - check out the online loans you can get.

More at Get Loans Online

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Sunday, March 25, 2007

Home Internet Work

Are you tired of going to work? Have you thought about working for yourself?

Working from home is almost every modern American's dream, now you can reach that goal too.

There are literally millions of ways to make money from home, places to invest that money, methods to increased profit all from your home computer.

Now you too can work from home

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