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/ 4 September 2007
Internet search leader Google has begun hosting material produced by the Associated Press and three other news services on its own website instead of only sending readers to other destinations. The change that started last Friday affects hundreds of stories and photographs distributed each day.
Salesforce.com’s stock price climbed by more than 4% on Monday in response to a report that the online software pioneer is poised to team up with internet search leader Google in a double-barrelled attack on Microsoft. A formal announcement between the two companies is expected in early June.
Chevron temporarily shut down some operations in Nigeria’s offshore waters on Friday as the second-largest United States oil company scrambled to protect its workers and equipment from rampant violence that threatens to drive up fuel prices.
Yahoo! will close its online auction service for North America next month, signalling the internet powerhouse’s intention to focus on more profitable endeavours as it tries to snap out of a financial malaise. The Sunnyvale-based company’s auctions in the United States and Canada will end on June 16.
Sprucing up its famously plain website, Google is offering a new option that plants its internet search box in panoramic settings that change with the time of day and the outside weather. Google’s new package of skins are designed to make the home page feel even more homey, said Marissa Mayer, the company’s vice-president of search products.
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/ 23 January 2007
Venture capitalists invested ,5-billion in 2006, marking the industry’s biggest burst of deal-making in the United States since the dot-com bust clogged the financial spigot for entrepreneurs five years ago. Renewed interest in internet start-ups, combined with expanding opportunities in the healthcare and alternative energy markets, spurred a 12% increase from the ,8-billion invested in 2005.
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/ 21 October 2006
Google’s stock price surged to a nine-month high on Friday, reflecting Wall Street’s deepening admiration of the internet search leader as it continues to make extraordinary growth look routine. The Mountain View-based company’s shares climbed as high as ,10 before falling back slightly to close at ,67.
Google’s second-quarter profit seems likely to erase any lingering doubts about which internet company rules the web. While rivals eBay and Yahoo! merely matched analysts’ earnings expectations, Google on Thursday soared well beyond Wall Street’s financial hurdle — just like the online search engine leader has done in all but one quarter since it went public nearly two years ago.
Yahoo! will consider refunding money to thousands of advertisers dating back to January 2004 and pay ,95-million in attorney fees to settle a class-action lawsuit
alleging the internet powerhouse has been profiting from bogus sales referrals generated through a sham known as ”click fraud.”
John Thys still has not figured out how much his company has paid Google for bogus sales referrals caused by ”click-fraud” — a sham aimed at a perceived weakness in the internet search leader’s advertising network. But Thys says he has uncovered enough of it to conclude that Google is trying to shortchange his company and thousands of other advertisers.