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Tuesday, July 15th, 2008has acquired Truemors, a rumor site launched by Guy Kawasaki in May 2007. NowPublic bills itself as a”participatory news site.” The startup has raised two rounds of financing. Kawasaki will serve on the company’s advisory board as well.
This is one acquisition rumor TechCrunch got right: Guy Kawasaki confirmed it on his blog and Twittered the buyout.
NowPublic is an unusual site to say the least. Besides a story on Sarkozy being behind a break-in, one of the top stories is Top 10 Porn Dreams of Filipino Men.
The terms of the deal aren’t being disclosed.
Source: feeds.searchenginewatch.com
Google CEO Affirms Stance on Independent Yahoo
In the wake of Carl Icahn’s declaration that Microsoft would buy a Yahoo run be a different board (and Microsoft’s affirmation of the claim), Google CEO Eric Schmidt hasn’t changed his position on what should happen with Yahoo. Speaking to reporters in Idaho yesterday, he reiterated that he believes an Independent Yahoo is best for the industry.
Schmidt called Microsoft’s bid for Yahoo “anti-competitive,” something Google has been saying from the beginning. He also said that the Redmond-based software giant has a history of being anti-competitive, and that’s evidence enough of their intentions with acquiring Yahoo.
Of course, Google is facing its own anti-competitive issues with its recently announced search advertising deal with Yahoo. Despite the partnership being non-exclusive, the Justice Department formally opened their antitrust investigation into the matter earlier this month.
Still, it’s no doubt that the search ad deal fuels Schmidt’s desire for Yahoo to remain independent. That and a Microhoo would mean a stronger second place competitor in the search ad marketplace. Though, most would agree that second place is definitely first loser in a Google-dominated search industry.
Source: feeds.searchenginewatch.com
Now States are Investigating Yahoo-Google Deal
Just a few weeks after the US Department of Justice formally opened its investigation to the Yahoo-Google search advertising partnership. Now, about a dozen states are looking into the matter, according to the Washington Post.
Not at all surprising, Connecticut is one of those states. Earlier this year, a bill was introduced to the state’s General Assembly that sought to tighten the rules of data collection for companies who serve ads on sites they don’t own.
Connecticut Attorney General Richard Blumenthal told the Post, “We’re looking at it because we’re concerned about an excessive concentration of market power.” Connecticut has subpoenaed both Yahoo and Google for documents related to their new partnership.
Also issuing subpoenas is the state of Florida. Recently, the Sunshine State has been cracking down on online ad fraud. A spokeswoman for the Attorney General Bill McCollum told the Post, “We are reviewing the proposed transaction in conjunction with other state attorneys general, as well as the Department of Justice.”
Source: feeds.searchenginewatch.com
Google Incorporates Code Search Results into Universal Search
In news that is likely to make my software-developer husband happy, Google has incorporated Code Search results into its main search results. Blended search results is often referred to as universal search, and in the past has included news, images, videos, etc.
Code Search, which launched in October 2005, competes with other vertical code search sites, such as Krugle. Krugle has a deal with IBM, a partnership with the Yahoo Developers Network, and indexes the Microsoft Codeplex.
via TechCrunch
Source: feeds.searchenginewatch.com
Get people talking positively about your company or product and the links will follow. In today’s 