Yelp’s board has rejected Google’s buyout offer of $500 million, citing its need to follow its fiduciary duty. This almost surely means that Yelp has received interest from another quarter.
In a desperate bid to save its sagging fortunes, the once-great video empire tries to pull a Jedi mind-trick on investors.
As the race to save traditional news media continues, Twitter co-founder Biz Stone had some choice words to say about NewsCorp CEO Rupert Murdoch’s plan to prevent Google from spidering content on NewsCorp sites like The Wall Street Journal:
Instead of trying to “put the genie back in the bottle” and revert to an [...]
An insightful piece from Business Insider about the challenges faced by AOL as it tries to transition into a content provider:
…the hidden problem is that AOL’s emerging content business is still highly dependent on its ISP subscribers, which generate a reported 25%-50% of the company’s traffic.
There’s a lot more here beneath the surface [...]
