Sept 28 (Reuters) – A proposed merger of Internet pioneers
AOL Inc and Yahoo Inc could create a nimbler
player in Web video, but strong growth, the measure of success
in Silicon Valley, would remain elusive.
Investors are revisiting one of the most speculated Internet
combinations, after activist investor Starboard on Friday
pressured Yahoo to merge with AOL.
SAN FRANCISCO (Reuters) – Activist investor Starboard Value LP said on Friday it has acquired a “significant” stake in Yahoo Inc (YHOO.O: Quote, Profile, Research, Stock Buzz) and urged the Internet company to explore a merger with AOL Inc (AOL.N: Quote, Profile, Research, Stock Buzz).
Shares of Yahoo Inc rose about 4 percent to $40.54 early Friday afternoon, while shares of AOL jumped 2.77 percent to $44.16.
NEW YORK (Reuters) – More than half of Americans believe that brands should drop their sponsorship deals with the National Football League over its handling of players accused of domestic violence, according to a Reuters/Ipsos poll.
Among those surveyed, 30 percent said that the NFL’s largest sponsors should sever their ties permanently with the league, while 24 percent said they should end their sponsorship for this season.
LOS ANGELES/NEW YORK, Sept 19 (Reuters) – When NFL players
strap on their pink shoes and gloves in October for the league’s
annual Breast Cancer Awareness Month campaign, it will be doing
so with one less sponsor, a notable retreat blamed on the
league’s handling of domestic violence.
Crest, Procter & Gamble Co’s dental brand, will no
longer be offering pink mouth guards to NFL players, the company
said on Friday, the first sponsor to publicly withdraw from the
NFL’s signature overture to women.
(Reuters) – Broadcaster Al Jazeera has gone to court to fight former U.S. vice president Al Gore over $65 million in an escrow account that each claims as part of the sale last year of Current TV to the Qatar-based media company.
In a countersuit filed in the Delaware Court of Chancery on Thursday, Al Jazeera is seeking to keep the money that Gore and his former partner Joel Hyatt had sought in a lawsuit filed in August.
NEW YORK, Sept 17 (Reuters) – Amazon.com Inc ramped up its
push into hardware on Wednesday with the debut of six new or
upgraded devices, including a high-end $199 e-reader called the
Kindle Voyage and its cheapest-ever touch-screen tablet.
The No. 1 U.S. online retailer also revamped its basic
Kindle e-reader to include a touch screen. It will cost $79,
about 15 percent more than the current basic model.
NEW YORK (Reuters) – The vast majority of Americans have never heard of Alibaba, the Chinese e-commerce company which is on the verge of potentially the world’s largest initial public offering.
An Ipsos poll conducted for Thomson Reuters found that 88 percent were not aware of Alibaba Group Holding [IPO-BABA.N], which on Monday raised the price range of its initial public offering. The IPO, expected later this week, could overtake the current record, Agricultural Bank of China Ltd’s $22.1 billion listing in 2010.
NEW YORK, Sept 16 (Reuters) – The vast majority of Americans
have never heard of Alibaba, the Chinese e-commerce company
which is on the verge of potentially the world’s largest
initial public offering.
An Ipsos poll conducted for Thomson Reuters found that 88
percent were not aware of Alibaba Group Holding,
which on Monday raised the price range of its initial public
offering. The IPO, expected later this week, could overtake the
current record, Agricultural Bank of China Ltd’s $22.1 billion
listing in 2010.
SAN FRANCISCO/NEW YORK, Sept 10 (Reuters) – Apple Inc’s
Tuesday launch was a marketing extravaganza stuffed
full of gadgets, corporate hyperbole and celebrities of every
stripe. One thing was missing: the “i” in front of the Watch.
Apple’s prefix has anchored the brand names of generations
of products, from its phone to the iPad. But in announcing “the
next chapter of Apple’s story” on Tuesday, Chief Executive
Officer Tim Cook chose to call an apple an apple.
NEW YORK (Reuters) – A chilling video showing the execution of journalist James Foley by Islamist militants marks the second time an American reporter has been beheaded by captors overseas, echoing the murder of Wall Street Journal correspondent Daniel Pearl in Pakistan in 2002.
While Pearl worked for one of the largest news organizations in the world, Foley was on assignment for GlobalPost, an online news startup with about 28 full-time staffers that is trying to survive as a small, independent outlet.