More shareholders sue Yahoo board

51 views February 27th, 2008 by Rich Media Info

The latest suit filed by two investment funds from Detroit accuses Yahoo’s board of adopting a “Just say no to Microsoft” approach that has led to “improper defensive measures” and negotiations with other firms that would be “destructive to shareholder value”.

Yesterday, lawyers asked the courts to consolidate the suit with several previous cases that all aim to prosecute Yahoo’s board for not acting in the interests of shareholders.

More shareholders sue Yahoo board


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Google continues slide on ad decline

52 views February 27th, 2008 by Rich Media Info

The focus on Google’s recent deterioration sharpened yesterday as investors reacted to the latest evidence indicating that fewer people in the United States are clicking on the Internet ads that generate most of the online search leader’s profits.
The unsettling trend, captured in a closely followed report from Internet research firm ComScore Inc., shoved Google’s shares to an 11-month low. The drop extended a slump that has lowered the company’s market value by 33 percent, or about $70 billion, during the first seven weeks of the year. The tech-laden Nasdaq composite index has declined by 12 percent during the same stretch.
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Firefox puppy

109 views February 25th, 2008 by Rich Media Info

Not exactly the Firefox, but the position of the puppy reminds me of a favorite web browser.

Firefox Puppy

iPhone Spurs Web Traffic

86 views February 25th, 2008 by Rich Media Info

Although Apple didn’t offered any important iPhone upgrades, the device still made waves.

iphone-google_2.jpg

Apple sold more than 4 million iPhones since it was launched and it seems that Google received more traffic from iPhone this Christmas, than from any other mobile device. That means that many people that own iPhones used it to access the Internet.
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