Archive for the ‘Technology’ Category

Online Media still proves popular August 12th, 2008

Blinkx, has tabled a $41 million bid for Miva, the US pay per click / search based advertising network as the company looks to expand its online advertising operation. Blinkx is an online video search engine (it claims the largest on the web) and so the acquisition of Miva would compliment its operations. The claim is not unfounded as it currently attracts over 5 million searches per day, making it more popular in the UK than Google Video. (more…)

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Internet merger to take on Google February 1st, 2008

Microsoft has sent a letter to the Board of Yahoo with a request to buy the search engine company in a deal that would be worth over £22bn.

Yahoo and MSN have been struggling to compete with Google, who continues to dominate the search engine market and consequently gets the lions share of of associated advertising revenue. Steve Ballmer, the chief executive at Microsoft believes the combined entity would offer serious competition to Google and also benefit consumers, publishers and advertisers.

Yahoo has yet to respond but the market views the deal favourably and shares in Yahoo rose 54% on the news.

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  • Selection from Glossary

    • Warrants
      Warrants give the owner the right, but not the obligation, to buy shares in the issuing company at a future date for a predetermined price. The price of a warrant is linked to the underlying share, and will rise and fall in line with the share price, although due to the level of gearing, with greater volatility. Warrants do not have any voting or dividend rights. If the share price is above the exercise price, the warrant will be exercised i.e. the shares will be purchased and a profit made. If the share price is below the exercise price or you are ‘out of the money', the warrant is worthless.