Archive for February, 2008

Baidu: New Chinese music industry lawsuit

Friday, February 29th, 2008

Baidu facing Chinese music lawsuitBaidu.com is facing another lawsuit over their controversial music search service - and this time it hasn’t come from the global music industry.

The new action, jointly filed by two of China’s largest music associations, accuses the Beijing-based search engine of mass infringement of local artists’ copyright. (more…)

Microsoft hit by $1.4 billion EU fine

Wednesday, February 27th, 2008

Microsoft hit by 1.4 billion EU fineMicrosoft has been hit by a record $1.4 billion fine for failing to act on EU sanctions.

European Commission regulators say that the company has not made important software code available to competitors since losing its 2004 anti-trust court case. (more…)

Google top UK brand

Monday, February 25th, 2008

Google top UK brandGoogle is now the strongest brand in the UK, according to a recent survey.

 

In a report by research organization Superbrands, the Mountain View company was named number one out of 500 brands by 1,500 business professionals.

(more…)

Yahoo bid: investors may side with Microsoft

Monday, February 18th, 2008

Many of Yahoo Inc’s largest shareholders may have a vested interest in Microsoft not being forced to pay too much in any bid for the company, reports Reuters.

According to a report carried out by financial analysts the RiskMetrics Group, almost 90 percent of Yahoo’s top stock holders also have a significant stake in Microsoft.

(more…)

Facebook launches in Spanish

Friday, February 8th, 2008

FacebookFacebook has unveiled a new Spanish-language version of its social networking site, the company has announced.

From next week, users logging on to Facebook from a Spanish speaking country will automatically be directed to the Spanish version of the website.

(more…)

Google China to offer music online

Wednesday, February 6th, 2008

Google ChinaGoogle China is planning to offer free music downloads in an effort to increase their local market share, reports The Wall Street Journal.

According to the article, Google is at an advanced stage of negotiations with a Chinese online music service to provide free downloads from three global record labels and numerous smaller brands.

(more…)

Microsoft make $45 billion Yahoo bid

Monday, February 4th, 2008

MicrosoftMicrosoft has moved to take over search rival Yahoo in a deal reported to be worth almost $45 billion.

The $44.6 billion offer, valuing Yahoo at 62 percent higher than their pre-bid market value, is currently under consideration by Yahoo’s board of directors.

(more…)

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