Outsource your advertorials to the company that has the experience and the correct tools to do it right the first time. You will save time and money and Advertorial.org will host your advertorials on their own servers! Visit them today at: www.advertorial.org

Note: Advertising space is available on the Rank for $ales newsletter. Currently, we have over 18,000 weekly subscribers. Enquiries: advertising@rankforsales.com

(Continued)
Yahoo, headed by chairman and chief executive Terry Semel, is demanding more shares from upstart Google in a contract dispute stemming from the partnership that the two companies formed in 2000.

In its filing to the Securities and Exchange Commission, Google said that Yahoo had been using search technology since June 2000 but nowadays contributed only 3% to Google revenues. Google said it was ending the arrangement this month. Neither Yahoo nor Google would comment on the specifics of the dispute, but it is understood that Yahoo is claiming that its contribution a couple of years back merits a larger share allocation.

Google says its share price when it goes public will be between $108 (£58.66) and $135. If Yahoo sells the 549,888 shares it has been promised for the mid-point price of $121.50 it would net around $67m (£36.4m). Not only is Yahoo miffed at its share allocation, it is a party to the only lawsuit of note Google is facing, and which the company admits could hit future profitability. Google is being sued by Overture Services, which in 2002 when the suit was filed, was an independent search company. It is now owned by Yahoo

<<< Previous page     Next: Ask Jeeves doubles its earnings >>>

Pages: 1   2   3   4   5   6   7   8   9   10   11   12   13   14

Bookmark the Rank for $ales website by simply clicking here.

Legal Notice
If you find this newsletter interesting and of value to you, you are encouraged to link to it, using a normal H REF text link. The Rank for $ales Weekly newsletter is Copyright © Serge Thibodeau, 2004. Any reproduction, full or partial is prohibited without my prior written consent. Address all enquiries for the proper and acceptable procedures regarding certain limited reprint permissions to sthibodeau@rankforsales.com

You can link to the Rank for Sales web site as much as you like. Read our section on how your company can participate in our reciprocal link exchange program and increase your rankings in the major search engines.