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Geffen Sought Stake in NY Times
Geffen Sought Stake in
NY Times
May 12, 2009 3:43 AM CDT

Geffen Sought Stake in NY Times

Media mogul rebuffed after bid for 20% of company

(Newser) - Media mogul and DreamWorks co-founder David Geffen recently offered to buy nearly 20% of the struggling New York Times Company, Fortune reports. Geffen offered market price, currently $194 million, for the shares owned by Harbinger Capital Management. But the hedge fund rejected his offer as too low. He hasn't been...

Google Brings Online Chrome Ad to TV

With browser far behind competitors, innovator goes traditional

(Newser) - In a desperate bid to heighten the visibility of its little-used web browser Chrome, Google has launched its first American television advertising campaign, the Guardian reports. The TV ad was made by a Google Japan team and uses stop-motion animation. Google says it’s “excited to see how this...

Explore Galaxy With New Google App
Explore Galaxy With New Google App
May 11, 2009 10:03 AM CDT

Explore Galaxy With New Google App

Star Droid helps cellphone astronomers with GPS, maps, tags

(Newser) - Budding astronomers will soon have a new cell-phone tool that spots the stars they’re looking for, the Telegraph reports. Google’s Star Droid helps stargazers navigate the night sky using GPS technology that cross-references the user’s position with existing space maps, and adds identifying tags to the heavenly...

Search Service Will Answer Questions Google Can't

Though not intended to dethrone the search king, Wolfram Alpha will compete for clicks

(Newser) - WolframAlpha, a powerful new Web service that can answer a vast array of questions, has already answered one: No, it is not intended to dethrone Google. The site’s creator, scientist and entrepreneur Stephen Wolfram, is “not keen on the hype,” but others believe WolframAlpha could be a...

Cisco Disappoints; Dow Off 102
 Cisco Disappoints; Dow Off 102 
MARKETS
May 7, 2009 3:27 PM CDT

Cisco Disappoints; Dow Off 102

Investors await stress tests results

(Newser) - A poor earnings report and forecast from Cisco led stocks down today, the Wall Street Journal writes. The networking giant, considered an indicator of the tech sector’s general health, noted a 17% drop in revenue, and projected bigger losses for next quarter. The Dow closed down 102.43 at...

Monopoly Cops May Find Google Too Popular to Bust

Google Has Good Product, But It's Also a Monopoly

(Newser) - The government is finally getting wise to the fact that Google holds a monopoly on Internet advertising, and has launched two antitrust investigations, Therese Poletti writes for MarketWatch. Google is “becoming almost a privatized version of the dreaded Big Brother from George Orwell's 1984,” Poletti writes, worse even...

Key Twitter Myths Debunked
 Key Twitter Myths Debunked 
OPINION
May 6, 2009 3:50 PM CDT

Key Twitter Myths Debunked

A guide to what Twitter isn't

(Newser) - The whole country may be having a love affair with Twitter, but a great many people are missing the point, argues blog Seldo.com. Among the things Twitter isn't:
  1. A replacement for email. "Idiot" Maureen Dowd's New York Times column was "entirely missing the point."
  2. A forum
...

No Kidding: Goats Mow Google Lawns

(Newser) - Google has hired 200 low-carbon goats to graze away dry fire-hazard brush at its Northern California campus, taking a bite out of two environmental threats at once, reports CNET. "The goats are herded with the help of Jen, a border collie,” says a Google official. “It costs...

Antitrust Concerns Prompt Google Books Probe

Deal gives Google exclusive chance to profit from texts, say critics

(Newser) - Federal lawyers are looking into whether a Google Book Search agreement with authors and publishers may violate antitrust laws, the New York Times reports. The settlement of a 2005 suit allows Google to put millions of scanned books online, charge viewers to read them, and share revenues with both groups....

UK Privacy Cops Won't Block Google Street View

Privacy groups overruled in favor of technology

(Newser) - Google Street View can keep capturing everyday British embarrassments, the nation’s information commission says, rejecting privacy groups that hoped the tech giant would be stopped. The agency ruled such a drastic step “disproportionate to the relatively small risk of privacy detriment.” British law allows filming from public...

Tweeting for Peace in Iraq?
Tweeting for Peace in Iraq?
Apr 21, 2009 2:50 PM CDT

Tweeting for Peace in Iraq?

US asks social media, tech execs to help build transparency, fight corruption

(Newser) - Iraqi lawmakers tweeting during sessions? YouTube campaign videos? Execs from communications and social media firms, including the likes of Google, AT&T, YouTube, MeetUp, and Twitter are in Iraq this week at the behest of the State Department. Their mission: to consider how their tools might be used to boost...

Stocks Stall on Earnings; Dow Climbs 6

But extend winning streak to 6th week

(Newser) - Stocks gave up afternoon gains to close higher by single digits as a week of first-quarter earnings reports failed to spark a selloff or surge, the Wall Street Journal reports. Google’s stock barely moved after the company reported slowing sales growth. GE and Citigroup earnings beat estimates, but GE...

YouTube Edging Closer to Hollywood
YouTube Edging Closer
to Hollywood
Apr 16, 2009 8:00 PM CDT

YouTube Edging Closer to Hollywood

Site to offer authorized Hollywood content, may start charging

(Newser) - YouTube's latest move to add Sony as a partner highlights the delicate balance it's trying to strike between Hollywood and its own roots in "homegrown video," writes Chris Snyder in Wired. The deals with Sony and others authorize the site—under pressure to curb unauthorized uploads—to show...

Google Makes a Profit, But Growth Slows

(Newser) - Google Inc. eked out a higher profit in the first quarter, although the Internet search leader's revenue growth decelerated to the slowest pace since the company went public nearly five years ago. The company boosted its profit largely by cutting costs, including reducing the size of its work force for...

Selfish Google Stands to Kill Golden News Goose
Selfish Google Stands to Kill Golden News Goose
OPINION
Apr 16, 2009 1:06 PM CDT

Selfish Google Stands to Kill Golden News Goose

It will actually help your company in the long run

(Newser) - By refusing to share revenue with news providers, Google is essentially dooming itself, writes blogger Steve Outing, who has a message for CEO Eric Schmidt: “What’s the deal, Mr. Schmidt? Have you deleted Sergey Brin and Larry Page’s ‘Don’t Be Evil’ mantra from the corporate...

Tech Leaders Unite Against Microsoft

Nokia, IBM, Oracle join EU antitrust case over Explorer's dominance

(Newser) - A technology consortium whose members include IBM, Nokia, and Oracle has joined the European Commission’s antitrust case against Microsoft, the Financial Times reports. The consortium, Ecis, joins Google and the Mozilla Foundation in accusing Microsoft of using Windows to distort the web browser market in favor of Internet Explorer....

This Kid Holds YouTube's Death Rattle

(Newser) - Hey, you! Yes, you, the guy who keeps posting video of your nephew batting a ball into your brother’s family jewels. You’re going to kill YouTube, warns Benjamin Wayne of Silicon Alley Insider. Owner Google will lose $470 million this year on YouTube because, he writes, “less...

Microsoft, Yahoo Discuss Ad Partnership

Takeover apparently off the table in informal negotiations

(Newser) - Microsoft and Yahoo have returned to the bargaining table, but their latest discussions concern advertising sales, the Wall Street Journal reports. The advanced, though informal, negotiations have included both firms' CEOs but likely don’t involve talk of Microsoft acquiring Yahoo’s search business, which it tried to do last...

Google Pay-for-News Scheme Ignores Reality

(Newser) - Google CEO Eric Schmidt's proposed model for online newspapers calls for a cable TV-like approach to subscription content, with tiers like free, basic, and premium. His ideas not only come too late, but they're “deeply flawed,” Douglas A. McIntyre writes for 24/7 Wall Street. And "even if...

Facebook Helps Nab Real-World Thief

(Newser) - Anyone questioning the utility of Facebook should talk to Carla Pillo Mote. The Philadelphia advertising exec used the social networking site to identify and locate the man who drunkenly absconded with her company computer, wallet, and tax forms well before the police could make a move, reports Mediabistro's Agency Spy...

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