Top Items:
Staci D. Kramer / paidContent.org:
It's Official: Yahoo Acquires Rivals.com; Not Official But True: It Cost About $100 Million — As we were first to report in early April, Yahoo was on the verge of acquiring college sports network Rivals.com. It took a few months to complete, finally closing after months …
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Associated Press:
HOLD FOR RELEASE 12:01 a.m. EDT (0401 GMT) Thursday. DO NOT PUBLISH, BROADCAST OR POST ON THE WEB BEFORE 12:01 a.m. EDT (0401 GMT) THURSDAY. — SAN FRANCISCO (AP) - It is not the blockbuster that some industry analysts envisioned, but Yahoo Inc. has sealed its first deal under new Chief Executive Jerry Yang.
Liz Gannes / GigaOM:
Leaked Story: Yahoo Buys Rivals.com — Yahoo will announce tomorrow it has bought collegiate sports site Rivals.com. The news is available due to what seems to be a publishing timing error on an Associated Press story by an Austrian web publication. — Yahoo is describing the deal …
Miguel Helft / New York Times:
Yahoo Buying a High School and College Sports Network — Just one day after the management shake-up at Yahoo, the company's board was called on to make a decision that had nothing to do with the resignation of Terry S. Semel as chief executive or the appointment of the co-founder Jerry Yang to succeed him.
Discussion:
VentureBeat
Channel Register:
Apple buyout rumours circulate as iPhone launch nears — Can St. Steve move up a plane? — Scepticism about the launch of the Apple iPhone is growing, and it isn't helping the Apple share price. What a coincidence that exactly as things get tougher in the stock market …
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Stephanie Kang / Wall Street Journal:
MySpace's Brad Greenspan to Seek Dow Jones Stake Via Dutch Auction — The former chief executive of the parent company of social-networking site MySpace says he will seek a non-controlling stake in Dow Jones & Co. through a $60-per-share "Dutch auction." — An investment group led …
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Sarah Ellison / Wall Street Journal:
Dow Jones Board Takes Over Talks on Future of Company — Dow Jones & Co.'s board of directors, frustrated with the pace of the Bancroft family's negotiations with News Corp., said it would take over talks on the future of the company. — The move, approved by the the four board members affiliated …
Duncan Riley / TechCrunch:
Uncensored Free Image Hosting From The Pirate Bay — Well known and often controversial BitTorrent tracking site The Pirate Bay has launched BayImg, an uncensored free image hosting service. — The Pirate Bay has previously been private beta testing a video hosting site which is yet to launch.
Discussion:
Inquirer
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Jay Meattle / Compete Blog:
Digg overtakes Facebook; Both cross 20 million U.S. Unique Visitors — The first time I wrote about YouTube, it had just crossed 20 million visitors in the U.S. Just 4 days after my post, YouTube was scooped up by Google for $1.65B in Google stock. At today's stock price, the deal is worth over $2B.
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Richard MacManus / Read/WriteWeb:Digg Overtakes Facebook with 1400% Growth, 22.6 Million Uniques
Discussion:
HipMojo.com
Susan Wu / TechCrunch:
Virtual Goods: the next big business model — This guest post is written by Susan Wu, a Principal with Charles River Ventures, where she focuses on digital media, software, and infrastructure. Susan is coproducing the Virtual Goods Summit this Friday at Stanford University - most of the companies mentioned below will be presenting.
Aftenposten:
Opera Software boss hangs on to control — The founder of one of Norway's most successful high-tech firms, Opera Software, reportedly hung on to his power over the firm by firing Opera's board of directors before they could fire him. — Newspaper Dagens Næringsliv reported on Tuesday …
Discussion:
The Secret Diary of Steve Jobs, Search Engine Journal, WebProNews, Forever Geek and Valleywag
Marc Andreessen / blog.pmarca.com:
The Pmarca Guide to Big Companies, part 1: Turnaround! — So you've been hired/promoted/brought out of retirement to become CEO of and turn around your NASDAQ/NYSE/LSE-listed 5,000+ employee software/semiconductor/media company that's recently been getting trounced by competitors …
Anjali Athavaley / Wall Street Journal:
A Job Interview You Don't Have to Show Up For — Microsoft, Verizon, Others Use — Virtual Worlds to Recruit; — Dressing Avatars for Success — It's now possible to meet with recruiters without actually showing up for a job interview. — Some employers are experimenting with Second Life …
David Kaplan / paidContent.org:
NAA Mid-Year Review: CareerBuilder Hopes McClatchy Remains, But Pullout Would Have Little Impact — Taking the podium Wednesday afternoon at the Newspaper Association of America's Mid-Year Review, Matt Ferguson, CareerBuilder's CEO, didn't have much to say about McClatchy's earlier musings regarding …
Jeffrey H. Birnbaum / Washington Post:
Learning From Microsoft's Error, Google Builds a Lobbying Engine — When it comes to lobbying, Google does not intend to repeat the mistake that its rival Microsoft made a decade ago. — Microsoft was so disdainful of the federal government back then that it had almost no presence in Washington.
