Zimbra, a Yahoo! company a leader in open source, next-generation messaging and collaboration software, today announced the release of Yahoo! Zimbra Desktop Beta. Yahoo! Zimbra Desktop gives everyone access to a simple, centralized place to manage work, school and personal e-mail even when they are not connected to the Internet. Through internet protocol support called Post Office Protocol (POP) and Internet Message Access Protocol (IMAP), Yahoo! Mail, AOL Mail and Gmail can now be accessed offline at the same time, from the same place. Additionally, Yahoo! Zimbra Desktop allows users to use the iCal standard to take their calendar offline.
“Zimbra is focused on creating communication and collaboration solutions that ease the pain points of traditional e-mail, and switching between multiple e-mail accounts is one of the communication headaches that users encounter on a daily basis,” said Satish Dharmaraj, Zimbra co-founder and Yahoo! vice president. “With [ ... ]
July 30th, 2008
Yahoo! announced today that it has reached an agreement with Carl Icahn to settle their pending proxy contest related to the Company’s 2008 annual meeting of stockholders.
Under the terms of the settlement agreement, eight members of Yahoo!’s current Board of Directors will stand for re-election at the 2008 annual meeting: Roy Bostock, Ronald Burkle, Eric Hippeau, Vyomesh Joshi, Arthur Kern, Mary Agnes Wilderotter, Gary Wilson and Jerry Yang. In view of the settlement agreement with Mr. Icahn, and the termination of the proxy contest, Robert Kotick has decided not to stand for re-election to the Board at the 2008 annual meeting.Following the 2008 annual meeting, the Yahoo! Board will be expanded to 11 members. Carl Icahn will be appointed to the Board and the remaining two seats will be filled by the Board upon the recommendation of the Board’s Nominating and Governance Committee from a list of nine candidates recommended by Mr. Icahn, which includes the eig [ ... ]
July 23rd, 2008
Google announced today that it has signed an agreement with Rambler Media to acquire ZAO Begun (”Begun”), a leading Russian context advertising service, for $140 million, subject to customary adjustments. This agreement emphasizes Google’s commitment to improving the service it offers users, partners and advertisers in Russia, where digital advertising is currently experiencing rapid growth.
The acquisition of Begun will give advertisers access to a broader network of sites to advertise on, and publishers will benefit from a wider set of adverts to run on their sites. Users will see more relevant advertising across a much wider set of websites. Google will bring its advertising expertise and experience to Begun’s network of websites.
“Google is very committed to giving Russian users, advertisers and partners the best possible service and experience,” said Mohammad Gawdat, Managing Director Emerging Markets, Google. ”This agr [ ... ]
July 18th, 2008
Yahoo! confirmed today that it has rejected a joint proposal from Microsoft Corporation and Carl Icahn for a complex restructuring of Yahoo! that would include the acquisition of Yahoo!’s search business by Microsoft.
The proposal was made on Friday evening and Yahoo! was given less than 24 hours to accept the proposal, the fundamental terms of which Microsoft and Mr. Icahn made clear they were unwilling to negotiate. After reviewing the proposal with its legal and financial advisers, Yahoo!’s Board of Directors determined that accepting the proposal is not in the best interests of its stockholders.
The Board’s rejection of the proposal was based on a number of factors, including the following:
1. Yahoo!’s existing business plus its recently signed commercial agreement with Google has superior financial value and less complexity and risk than the Microsoft/Icahn proposal.
2. The Microsoft/Icahn proposal would preclude a potential s [ ... ]
July 14th, 2008
Yahoo! today announced that Yahoo! Games will offer ad-supported downloadable games from the top casual games publishers. With more than 400 ad-supported games available to users by the end of the year, Yahoo! Games solidifies its commitment to providing the Internet’s best gaming experience, and is creating new opportunities for advertisers to reach an engaged audience. The announcement brings the industry’s largest collection of ad-supported games to the biggest gaming audience on the web and reinforces Yahoo! Games’ overall strategy to be the most comprehensive distribution point for games online.
In-game advertising allows Yahoo! Games and its publisher partners to better monetize its games offering, provide advertisers access to a coveted demographic of gamers and satisfy user demand for casual ad-supported games. Top technology providers, Double Fusion and NeoEdge, will sell and integrate pre-roll, mid-roll and post-roll video ads into the Yahoo! Games [ ... ]
July 10th, 2008
Ask.com and Photobucket, a leading standalone photo and video-sharing site, today announced a multi-year, strategic agreement.
Through the terms of the pact, the Ask.com search box is now prominently displayed across Photobucket.com, driving millions of additional Ask.com search queries each month and exposing the Ask.com brand to Photobucket’s 44 million monthly unique users worldwide. The agreement also includes the syndication of sponsored listings and display advertising to Photobucket.
“Photobucket has one of the largest online audiences, and now Ask.com provides these consumers with the answers to the questions they ask every day,” said Andrew Moers, Senior Vice President & General Manager, Ask.com Partner Network. “This alliance furthers our strategy to bring Ask.com to consumers worldwide through a broad range of Internet access points.”
“Search is a key component to the Photobucket experience and we know that ou [ ... ]
July 10th, 2008
Google today announced that Patrick Pichette will be named Senior Vice President and Chief Financial Officer. Most recently, Mr. Pichette served as President of Operations at Bell Canada, a leading global communications company.
Mr. Pichette brings nearly 20 years of experience in financial operations and management in the telecommunications sector, including 7 years at Bell Canada, which he joined in 2001 as Executive Vice President of Planning and Performance Management. During his time at Bell Canada, he held various executive positions, including CFO from 2002 until the end of 2003, and was instrumental in the management of the most extensive communications network in Canada and its ongoing migration to a new national IP-based infrastructure. Prior to joining Bell Canada, Mr. Pichette was a partner at McKinsey & Company, where he was a lead member of McKinsey’s North American Telecom Practice. He also served as Vice Pre [ ... ]
July 1st, 2008
Yahoo! today announced the global availability of two new e-mail domains that will give users the chance to register for the e-mail address or Yahoo! ID they have always wanted. People can finally say goodbye to CutiePie4Ever80 or mattclark1977@yahoo.com and get a new Yahoo! e-mail address at ymail.com and rocketmail.com.
Yahoo! Mail is the number one Web mail service in the world with more than 260 million users worldwide(1). As a result of its global popularity, many desirable e-mail addresses have already been taken for the yahoo.com domain, as well as for localized versions of the namespace in countries around the world. With the two new e-mail domain choices, Yahoo! will make millions of new e-mail addresses available to the online community.
Yahoo! recently commissioned a survey conducted by Harris Interactive(R) to determine what online adults look for when choosing an e-mail address and found some noteworthy results: [ ... ]
June 22nd, 2008
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