CBS to Acquire CNET for $1.8 Billion

“The core businesses of CNET Networks and CBS Interactive represent near perfect category symmetry in premium online content,”
Quincy Smith, President, CBS Interactive.
Blah blah blah… it’s another corporate buyout. This acquisition will make CBS one of the top 10 internet companies in the United States with a combined 54 million unique users per month […]

Yahoo Says Yah-no to Microsoft

On Saturday May 3rd, Yahoo received another counter bid for the acquisition of Yahoo by Microsoft. Yahoo declined their offer (again)…
At the meeting, which also included Yahoo’s other founder, David Filo, and a Microsoft president who oversees its online unit, Kevin Johnson, Mr. Ballmer increased Microsoft’s offer to $33 a share, or a total […]

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