Yahoo and Microsoft selling data to political parties
by Lois Beckett ProPublica – Yahoo and Microsoft are using names, Zip codes and other registration information that users provide when they sign up for free email and other services.
The Web giants provide users no notification that their information is being used for political targeting. Continue reading
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With story from ComputerWorld and IDC
The business arrangement for Yahoo to use Microsoft’s search engine Bing and to share ad revenues is at best an 80% discount over last years offer to buy Yahoo.
The shareholders should be suing the Yahoo board of directors for destroying their $27 billion share value.
The 10 year deal means that Yahoo will give up on developing it’s search engine. When the 10 years is up, they will be so far behind the technology curve, the company will have lost any chance of market share.
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with story from the New York Times
Steve Balmer and Roy Bostock, rumored to be meeting (photo Business Insider)
The New York Times reported that Steve Ballmer, CEO of Microsoft, and Roy J. Bostock, Yahoo’s chairman met secretly last week in New York.
Microsoft tried to buy Yahoo to bolster its Internet search engine business last year.
The plan was scuttled by then Yahoo CEO Jerry Yang who is out the door and replaced by new CEO Carol Bartz. Bartz has admitted meeting with Ballmer. Continue reading