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Gentlemen, Start Your Engines: Time for Another Round of Cable Deals?
Did a federal court just give underemployed M&A guys a boost? Could be: The United States Court of Appeals in Washington, D.C., has overturned a longstanding cap on cable-system ownership. If the...
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Early Twitter Backer Union Square Sits This One Out
Twitter CEO Evan Williams thanked a long list of investors in his blog post today formally announcing his newest funding round. Not included: New York’s Union Square Ventures, which has been one of the...
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MySpace Poised to Hire New Ad Sales Head as It Preps Music- and...
In a week, the entire advertising sales staff of MySpace will gather at a swanky new seaside resort about 20 miles south of Los Angeles to get a first glimpse of the fresh direction the company is...
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Another Legal Tussle for eBay–And It's Not Skype This Time!–As Former CEO and...
Auction giant eBay is headed to court again Monday, and for once, it has nothing to do with the litigious Skype co-founders. Instead, it’s a battle in Delaware with craigslist, the San Francisco...
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Study Group Time: Here Are the Legal Briefs for eBay-craigslist Trial Tomorrow!
The trial begins bright and early tomorrow morning in Delaware between online auction giant eBay and Web classified kingpin craigslist. Since BoomTown is in a “Paper Chase” mood, I expect everyone to...
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Confirmed: Intellectual Ventures Owns Smartphone Motion-Control Patent
Patent #7,679,604, “Method and apparatus for controlling a computer system,” the broad motion-control patent I’ve been writing about all week, has passed through a number of hands over the years. First...
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SCO: We'll Live to Sue Another Day
SCO’s seemingly endless legal campaign over the copyrights to Unix may finally, thankfully, be over. On Tuesday afternoon, a federal jury found that Novell owns the rights to the operating system,...
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DST's Alexander Tamas Talks About New Investors, New Investments and Dealing...
After Russia-based Internet investor Digital Sky Technologies got $388 million in a stock-swapping deal with South Africa media giant Naspers–coming after an earlier $300 million investment from...
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Yahoo Bored Meeting? Not This Time!
Today and tomorrow, Yahoo’s directors are gathering here in Silicon Valley for one of their regular meetings that take place over the course of the year. While board meetings in general are usually...
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Will Yahoo Be In Play Again? Here's a Few Scenarios (That Could Be More Than...
One of the results of Yahoo’s weak earnings report earlier this week has been the renewal of chatter about possible changes in its leadership and even ownership. And continued investor discomfort with...
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Yahoo Addresses Alipay Mess: Forget It, Shareholders–It's China.
Back in April of 2009, like all the rest of the parts of the Chinese Internet giant Alibaba Group, its Alipay unit was listed this way on its Web site: “Alipay is wholly owned by Alibaba Group.” And...
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Yahoo Preps for Investor Day Tomorrow, While Investors Prep for a Yahoo Grilling
The execs at Yahoo were huddled yesterday and also today, getting ready for its investor day tomorrow morning. It’s probably a good idea, especially since the Silicon Valley Internet giant has to come...
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The Myspace Sweepstakes Drag on–Another Bid Deadline Today As Sale Deadline...
Yes, Myspace is still for sale. But, no, no one has yet made a good enough bid–in other words, at the more than $100 million level its owner, News Corp., has sought–to knock out anyone else. And who...
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Exclusive: Myspace Sale Nearing End Today With Low $30M Price and Buyer You...
It was just supposed to be a three-hour tour, um, quick sale process! But, like a storm-tossed ship looking for any safe harbor, the Myspace sale is still chugging along, with a deal that continues to...
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Yahoo-Alibaba-SoftBank Settlement Call: At Least It's Not 100 Percent of Zero!
As these companies are wont to do in the middle of the night, Yahoo, SoftBank and the Alibaba Group have reached an agreement in their nasty dispute around the Alipay payments unit, and they are ready...
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Yahoo's China Settlement Fails to Stem Its Stock Decline
You would think the settlement of a major dispute would goose the stock of a company, but Yahoo’s deal with its Chinese partner Alibaba Group on Friday did exactly the opposite. Despite the clearing...
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As Einhorn Exits Mets, Will He Refocus on Striking Out Microsoft's Ballmer?
Yesterday, David Einhorn of Greenlight Capital dumped his bid to buy the New York Mets. “I am disappointed to announce that I will not be purchasing an ownership interest in the New York Mets baseball...
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DST, Silver Lake and Yunfeng Lead $1.6B Tender Offer Aimed at Alibaba...
Silicon Valley’s Silver Lake and DST Global of Russia, as well as Chinese private equity firm Yunfeng Capital, are leading a $1.6 billion tender offer for privately held employee and shareholder stock...
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"Perplexed" by U.S. Ownership Rules, Alibaba's Ma Yellow Lights Yahoo Buying...
After his unusually enthusiastic declaration at a Silicon Valley event last week that “we are very, very interested” in buying the “whole” of Yahoo, you might imagine Alibaba Group co-founder and CEO...
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For Yahoo (And Me, Too), Time Is Brain
I hate to use a personal story to make a professional point — but when I was in the hospital recently, after suffering from a mini-stroke, I got an important piece of health advice that, oddly enough,...
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