Yahoo! stocks go up on another false takeover story from WSJ

Posted on Dec 2, 2008 12:56:18 AM

The story issued in today’s edition of Wall Street Journal in regards to yet another Yahoo takeover attempt was incorrect. And unlike the story released by The Times over this weekend, which was almost similarly fabricated (with both publications News Corp.-owned), this one had direct effects on the market.

The story released today has Jonathan Miller, former CEO of AOL, out to pitch private equity fund for raising $28 - $30 billion in an attempt to acquire Yahoo.

Miller, in association with his partner at Velocity Interactive Group, Ross Levinsohn, was also holding the center stage in the weekend story released by The Times.

Sources reveal that while Levinsohn & Miller have been maintaining regular contacts with Microsoft & Yahoo shareholders and executives for months in regards to the future of Yahoo, they haven’t yet made any discussions with private equity funds for raising capital in order to take over the organization.

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Latest mobile browser update from Opera

Posted on Nov 12, 2008 08:21:54 AM

Opera has just released Opera Mini 4.2, the latest update to its mobile internet browser.

With improved YouTube and a wider range of mobile phones support, the new Opera beta offers a more personalised mobile web experience.

A beefed up Opera Link that allows you to share notes and bookmarks between your mobile and your Pc are some other improvements that have been included.

“Opera’s CEO, Jon von Tetzchner, the CEO of Opera says that: “A true revolution is really going on and it can be easily observed from the number of people who are using Opera Mini worldwide. People want to visit websites with their devices they have today.”

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Amazon UK will launch its MP3 store next month.

Posted on Sep 18, 2008 03:28:46 AM

Ahead of its MySpace link-up and 7Digital sarcastic war of word, Amazon UK has now decided to uncover its MP3 music store next month.

A report in New Media Age tells that the online electronics retailer will start its music service in October. It’s, indeed, quite delightful for music labels who consider that Apple’s iTunes service has a monopoly on web music downloads.

On yesterday, 7 digital announced that it has become the first online store in the UK to offer 100% MP3 tracks for UK audience. In a statement, 7digital’s CEO said that he was happy about Amazon joining of the music download brigade as it would help to open up the MP3 market. Read the rest of this entry »