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Tuesday, January 13, 2009 |
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AOL, Yahoo Execs Spent Two Days Talking Integration AOL and Yahoo came close enough to merging last fall that executives from each company's media groups spent two days planning an eventual integration, says a source with knowledge of the meetings. Negotiations between the companies had reached a point where attending executives from both companies assumed the deal would get done. But eventually, AOL's top executives "got pissed off" as Yahoo chairman Roy Bostock and CEO Jerry Yang wavered on whether to pull the trigger. How did executives decide an AOL-Yahoo would look? One exec familar with the talks said the meetings ended with plans to merge the best niche sites from each company, keeping two brands when necessary, but with deep cuts to staffing -- mostly on the AOL side. Read >AOL "MediaGlow" Sites Still Dependent On AOL.com Traffic AOL Becomes A Blog Delicious Founder Schachter Joins Google | |
Announcing The Fix Digg Contest Winner Social news site Digg didn't do very well in terms of revenues during the first three quarters of 2008 -- about $6.4 million on 30 million monthly uniques for a $2 million loss. So a couple weeks ago, we launched the Fix Digg's Miserable Business Contest, promising to personally pass the winner's plan and resume to Digg founder Kevin Rose and CEO Jay Adelson. After many submissions, a look at five early leaders, and a our own 7-point plan, we've finally found a winner. Read > | |
12 Media Properties That Are Toast 2009 is going to be a brutal year for the media industry. Barring some miracle, the Seattle Post-Intelligencer won't be the only casualty. Read > | |
Zuckerberg: Facebook Revenue Growth 'Really Strong', Still Hiring Facebook founder Mark Zuckerberg says the company did "really well" against its revenue expectations for 2008, and that the company is still hiring, especially engineers and salespeople. Read > | |
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With more than 27,000 people subscribed to his Twitter feed, Phoenix Suns star Shaquille O'Neal is the 35th most popular Twitter user, according to Twitterholic. But is Shaq already getting bored with the microblogging/messaging service? Read > Taxes Coming To Virtual Worlds? It was only a matter of time: A blind spot in the tax code effectively allows for some types of tax-free e-commerce transactions provided the purchase happens in a "virtual world." Read > Even More Warning Labels Coming To Videogames? Yawn. At least one congressman wants to radically expand the system of the warning labels on video games. You know, because warning labels have been so successful curbing interest in cigarettes, alcohol, and explicit music. Read > New York Times To Sell About.com's China Site? A reader tells us the New York Times company (NYT) is looking to sell the Chinese version of About.com, Abang.com. We have no idea if this is true, but it's certainly plausible. Read > | |
Does LG Deal Mean New Apple Displays Soon? Do NBC's Super Bowl Advertisers Wish They Weren't? The Eidos Rescue Plan: Naked Lara Croft? Financial Times Whacking 80 Employees | |
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