3 posts and columns on 24/7 Wall Street

Yahoo Search Ad Deal With Microsoft "Down to the Short Strokes"–But Caution Also Advised

in News on July 16, 2009 at 7:49 pm PT

Unless there is some major glitch, there might finally be a search and online advertising deal struck between Yahoo and Microsoft at long last. Top executives at Microsoft–including SVP of the Online Audience Business Group Yusuf Mehdi, search head Satya Nadella and top digital exec Qi Lu–have all flown down to Silicon Valley from their Redmond, Wash., HQ today to iron out the remaining issues. If all goes well, the deal could be announced within the next week, sources said. Said one person close to the situation, “It is down to the short strokes, for sure, it is just a question if we can finally close this.”
microhoo-or-yasoft

Palm Pre: The Big Day …

in News on June 6, 2009 at 11:03 am PT

The Palm Pre officially went on sale this morning, and judging from initial reports–and my experience at a local northern California Sprint store–neither demand or supply was particularly overwhelming. Certainly, lines for the device were far shorter than those that extended from Apple stores for the launches of the iPhone and the iPhone 3G. Arriving outside my local Sprint store about an hour after they first opened, I found not a queue of eager Pre-buyers, but two kids making forts out of a few Pre shipping boxes left outside the store.
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Which Media Mogul Would You Rather Be Right Now: Arianna Huffington or Jim Cramer?

in Media on December 2, 2008 at 7:13 am PT

TheStreet.com is worth about $100 million. So is The Huffington Post. But investors are much more optimistic about one of these Web businesses.