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May 15, 2013

Google’s music service to launch Wednesday in U.S.

SAN FRANCISCO (Reuters) – Google Inc launched a music service on Wednesday that allows users to listen to unlimited songs for $9.99 a month, challenging smaller companies like Pandora and Spotify in the market for streaming music.

With its new service, announced at its annual developers’ conference in San Francisco, Google has adopted the streaming music business model ahead of rival Apple Inc, which pioneered online music purchases with iTunes.

May 14, 2013

Google CEO says vocal cords affected by “very rare” condition

SAN FRANCISCO (Reuters) – Google Inc Chief Executive Larry Page provided the first public details of the voice ailment that sidelined him from speaking engagements last summer, saying that he has limited movement in his left and right vocal cords.

The 40-year-old co-founder of the world’s No. 1 Internet search engine said that doctors have been unable to identify a cause for his “very rare” vocal cord issues, but that he has been making progress in his recovery and is “fully able to do all I need to at home and at work,” he wrote on his Google+ page on Tuesday.

May 14, 2013

Yahoo to ramp up marketing to woo younger users, says CFO

SAN FRANCISCO, May 14 (Reuters) – Yahoo Inc plans
to ramp up advertising and marketing efforts as it seeks to
break its reliance on an “aging demographic” and become more
relevant among young adults, the company’s finance chief said on
Tuesday.

The struggling Web portal’s brand will be more visible on
outdoor billboards and at sporting events, among other places,
as it seeks to woo 18-to-34-year-olds and get the word out about
new products, CFO Ken Goldman said at the J.P. Morgan Global
Technology, Media and Telecom conference in Boston on Tuesday.

May 12, 2013

Google+ struggles to attract brands, some neglect to update

SAN FRANCISCO (Reuters) – To mark the Cinco de Mayo holiday this year, Domino’s Pizza festooned its Facebook page with a string of posts, including an image of a Mexican-themed guacamole pizza that garnered over 2,000 “likes”. But visitors to Domino’s companion Google+ page on that day found less festive fare: The most recent post was from October 2012.

Two years after introducing its social network, Google Inc(GOOG.O: Quote, Profile, Research) is struggling to win over the brands and businesses that have been its most loyal customers in the Internet search market.

May 12, 2013

Analysis: Google+ struggles to attract brands, some neglect to update

SAN FRANCISCO (Reuters) – To mark the Cinco de Mayo holiday this year, Domino’s Pizza festooned its Facebook page with a string of posts, including an image of a Mexican-themed guacamole pizza that garnered over 2,000 “likes”. But visitors to Domino’s companion Google+ page on that day found less festive fare: The most recent post was from October 2012.

Two years after introducing its social network, Google Inc is struggling to win over the brands and businesses that have been its most loyal customers in the Internet search market.

May 7, 2013

Microsoft extends Yahoo’s U.S. search revenue guarantee

SAN FRANCISCO, May 7 (Reuters) – Microsoft Corp
extended the revenue guarantee it provides to Yahoo Inc
in the companies’ underperforming search partnership, Yahoo said
on Tuesday.

The U.S. revenue-per-search guarantee, which had expired on
March 31, will be extended for one year, and took effect on
April 1, Yahoo said in its 10Q filing with the Securities and
Exchange Commission on Tuesday.

May 2, 2013

LinkedIn second-quarter revenue forecast falls short of targets

SAN FRANCISCO (Reuters) – LinkedIn Corp shares fell 10 percent on Thursday as its revenue forecast missed the high bar that Wall Street had set for the fast-growing social media company.

The online social network for professionals said current-quarter revenue would range from $342 million to $347 million, below the $359.3 million expected on average by analysts, according to Thomson Reuters I/B/E/S.

May 2, 2013

LinkedIn Q2 revenue forecast falls short of targets

SAN FRANCISCO, May 2 (Reuters) – LinkedIn Corp
shares fell 10 percent on Thursday as its revenue forecast
missed the high bar that Wall Street had set for the
fast-growing social media company.

The online social network for professionals said
current-quarter revenue would range from $342 million to $347
million, below the $359.3 million expected on average by
analysts, according to Thomson Reuters I/B/E/S.

May 1, 2013

Facebook’s mobile business expands in first quarter

By Alexei Oreskovic

(Reuters) – Facebook Inc’s mobile advertising business continued to expand in the first three months of the year, but the social network’s rising spending restrained profit growth.

Shares of Facebook were up 11 cents at $27.54 in after-hours trading on Wednesday.

May 1, 2013

Yahoo scraps Dailymotion bid after French government concerns: reports

SAN FRANCISCO (Reuters) – Yahoo Inc has abandoned an effort to acquire a majority stake in online video website Dailymotion due to objections by the French government, according to media reports, scrapping what would have been the biggest deal in the 10-month tenure of Yahoo CEO Marissa Mayer.

Yahoo had been in talks to buy a 75 percent stake in Dailymotion, owned by telecommunications company France-Telecom Orange, in a deal that would have valued the video website at $300 million.

    • About Alexei

      "I write about Internet companies including Google, Yahoo and Facebook. I’ve covered technology and business for more than ten years at publications including TheStreet.com, CNET and The Industry Standard magazine."
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