Opera Software would cost Facebook over $1 billion as competition from Google and others could push up the price tag.
Tags: Google
Yahoo Sought Dissolution of Microsoft Deal for Google
Yahoo's Marissa Meyer sought to end the search ad agreement with Microsoft and opt for Google's very own.
Dreamworks Acquires AwesomenessTV
Dreamworks purchases AwesomenessTV for at least US$150 million. In a move to secure an online platform for its family oriented movies, DreamWorks Animation SKG has entered into an agreement to purchase the YouTube network AwesomenessTV.
Google Purchases Wavii for its Consumer News Experience
Google purchases Wavii, a news summary app, to enhance its consumer news experience. Google Inc has announced the acquisition of Wavii, a start-up based out of Seattle that created a news summarization app for the price tag of US$30 million in cash.
Google Buoys Poor S&P Performance
Google's 4.4% increase helps S$P meet its averages in a dismal week. Earnings from Google buoyed a stock rise in technology shares last Friday. The gains from this market segment was unable to counteract the worst week in the S&P 500 since November.
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The price-to-earnings ratio is around 100 but Facebook even doesn’t have a clear long-term prospects.
