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Sina's acquisition of Focus Media falls through(Telecompaper) The acquisition agreement between Chinese online media and mobile VAS company Sina and Focus Media has fallen through. In December 2008, the companies agreed that Sina would acquire substantially all of the assets of Focus Media's digital out-of-home advertising networks. The agreement was set to expire if approval from the Chinese Ministry of Commerce was not received by 30 September 2009. Although Sina still believes that the acquisition can provide strong synergies to its online advertising platform, the delayed consummation of the transaction has negatively impacted the business operations of both sides. The companies have decided to continue strategic cooperation.
DMeurope.com Tuesday, September 29, 2009Telstra seeks to ease investor fearsTELSTRA has moved to reassure shareholders that their interests are its main priority as separation talks move into full gear.
Australian IT Tuesday, September 29, 2009Secret Service probes Facebook Obama murder pollWashington - The US Secret Service is investigating an online poll published on the internet networking site Facebook, which asked if President Barack Obama should be assassinated, news reports said. The member's poll, titled Should Obama be killed?...
Earth Times Tuesday, September 29, 2009Russians take the most snaps of themselves: surveyLONDON (Reuters) - Nearly half of all the photographs Europeans take end up online, according to a survey, with Russians the keenest on taking snaps of themselves, just ahead of the Austrians.
Reuters Tuesday, September 29, 2009Social Network GovLoop Sold To GovDeliveryThe popular government social network's founder expects that the acquisition will give GovLoop more backing and a chance to grow its impact.
Information Week Tuesday, September 29, 2009Yoobot vs YooNot: Return of the YoobotThe British Heart Foundation has revamped its Yoobot campaign in which you can create a miniature version of yourself.
Webuser.co.uk Tuesday, September 29, 2009U.S. Home Remodeling Recovery Began in Second Quarter 2009SUNNYVALE, Calif. (SEND2PRESS NEWSWIRE) -- RemodelorMove's U.S. Remodeling Activity Report™, a sampling of remodeling permits in the U.S., was issued for the second quarter 2009 today, revealing an increase in remodeling activity in certain regions of the U.S. for the first time in more than a year. According to RemodelorMove's Remodeling Activity Report, the value of remodeling projects in the U.S. increased in the second quarter over the first quarter of 2009.
Send2Press Tuesday, September 29, 2009As exepected Warner Music, YouTube make upCompanies sign multi-year deal that will bring label's videos back to YouTube and enable users to include Warner's music in their clips.
CNET Tuesday, September 29, 2009Microsoft rivals critical of browser 'ballot screen'Competitors have major concerns about Microsoft's proposal to satisfy EU officials by offering Windows users a choice of browsers, according to a report.
CNET Tuesday, September 29, 2009As expected Warner Music, YouTube make upCompanies sign multi-year deal that will bring label's videos back to YouTube and enable users to include Warner's music in their clips.
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