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Yahoo: Third Point Takes 5.15% Stake; Seeks Board Revamp

And so it begins. After Yahoo this week gave CEO Carol Bartz the axe, the stock rallied on the suspicion on the Street that the company almost certainly has now been put into play, and might not last very long with its current corporate structure.

 

Google acquires Zagat

Google acquires Zagat

Google Inc. announced Thursday that it has acquired Zagat Survey LLC, the restaurant review and ratings service that is a go-to source for foodies everywhere.

 

Board: Bartz Failed on Many Fronts

The sudden ouster of Yahoo CEO Carol Bartz wasn't triggered by one specific factor, but rather because Ms. Bartz wasn't reaching a series of performance targets.

 

Google Drops Products, Narrows Focus

Google said it will discontinue several products, as the Internet giant narrows its focus and doubles down on new efforts, including its Google+ social networking service, under CEO Larry Page.

 

Google Launches Offline Versions of Gmail, Calendar & Docs

Google is launching a new Gmail web app and updates to Calendar and Docs to make them more useful when there's no Internet.

 

Softbank to Sell Most of Yahoo Stake

Softbank said it will pocket a handsome profit by repaying a $1.135 billion loan from Citibank with most of its 4% stake in Yahoo.

 

Google settles pharmacy charges for $500 million: report

Google settles pharmacy charges for $500 million: report

Google Inc will pay $500 million to settle government charges that it showed ads for pharmacies that operate illegally, regulators are expected to announce on Wednesday, according to a report in the New York Times.

 

Google+: 10 things it does better

Google+, Google's new social networking service, might cautiously be called a hit. With 25 million visitors at last count, Google+ may well be the fastest-growing social network to launch thus far.

 

Google adds weather to maps

Taking a road trip soon? You may already be using Google Maps to get directions, but starting today, the service may help you decide what to pack, too.
My Post colleague Jason Samenow reported that Google has added a weather layer to Maps, giving users the option to check the current weather, cloud patterns and forecasts for the next four days.

 

Google to buy Motorola Mobility for $12.5 billion

Google to buy Motorola Mobility for $12.5 billion

Google Inc. is buying cell phone maker Motorola Mobility Holdings Inc. for $12.5 billion in cash. It's by far Google's biggest acquisition and a sign the online search leader is serious about expanding beyond its core Internet business and setting the agenda in the fast-growing mobile market.

 

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