Microsoft abandons Yahoo bid
Thi came as surprise.. according to a letter from Microsoft Chief Executive Steve Ballmer to Yahoo Chief Executive Jerry Yang. But Yahoo demanded at least $53 billion, or $37 per share, according to Ballmer. That would have been nearly double Yahoo’s stock price of $19.18 at the time Microsoft first made its bid a little […]
Communicate.com Acquired Auctomatic for $5M
Communicate.com, a public company in Vancouver, Canada, is announcing the acquisition of Y Combinator startup Auctomatic this morning for $5 million in cash and stock. The company is also changing its name to Live Current Media, Inc.
Tucows Reveals Their Premium Domain Portfolio
DomainNameWire reports Domain registration “wholesaler” and service provider Tucows (AMEX: TCX) has revealed data about its domain holdings. With over 150,000 domains, the portfolio makes up a significant part of the company’s value, which likely hasn’t been fully captured in its stock price. Its shares on the AMEX are sitting at $.63, just off a […]