Newspaper wrap-up: Yahoo tries to conclude deal with Google
Posted May 16th 2008 8:00AM by Laurie Pasternack
Filed under: Newspapers, Magazines, Google (GOOG), Yahoo! (YHOO), Apple Inc (AAPL), Research in Motion (RIMM), AMR Corp (AMR), iPhone
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MAJOR PAPERS:
- According to internal company and agency documents, the Wall Street Journal reported that the FAA is investigating into why AMR Corporation's (NYSE: AMR) American Airlines ordered mechanics to skip specific safety instructions to detect damage to planes from potential lightning strikes.
- In order to compete more effectively against Apple Inc's (NASDAQ: AAPL) iPhone, the Wall Street Journal reported that Research in Motion Limited (NASDAQ: RIMM) is planning to introduce "Thunder," a touch-screen version of its BlackBerry device.
OTHER PAPERS:
- Yahoo! Inc (NASDAQ: YHOO) is trying to quickly put the finishing touches on a search advertising deal with Google Inc (NASDAQ: GOOG) as billionaire Carl Icahn launches a proxy fight for control of Yahoo's board, according to the New York Post. Yahoo! hopes to announce a deal with Google to create an open platform system within the next week, two inside sources said.
- The New York Post reported that a partnership of MGM Mirage (NYSE: MGM) and investment company Dubai World may seek to buy the Drake Hotel site from developer Harry Macklowe. If a deal is reached, MGM and Dubai World would assume $580M in defaulted debt and interest, inside sources said.
Tags: AAPL, American Airlines, AmericanAirlines, AMR, amr corp, amr corp amr, amr corp., AmrCorp, AmrCorp., AmrCorpAmr, Apple, Carl Icahn, CarlIcahn, GOOG, Google, iphone, MGM, MGM Mirage, MgmMirage, Research in Motion, ResearchInMotion, RIM, RIMM, Thunder, Yahoo, YHOO
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Reader Comments (Page 1 of 1)
5-17-2008 @ 7:25PM
Swally said...
and there it is..the reason behind MS sudden and desperate (but not desperate enough to pay the piper)ploy to take over Yahoo!