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Last updated: 09:43:19 Friday Jul 25, 2008


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  • China says has more people surfing the Web than US
    BEIJING - China's booming Internet population has surpassed the United States to become the world's biggest, with 253 million people online despite government controls on Web use, according to government data reported Friday.   Nations:South Korea China   Activities:China Control of Internet   Source:(AP)   2008-07-25

    Microsoft CEO backs Web spending, "done" with Yahoo
    REDMOND, Washington (Reuters) - Chief Executive Steve Ballmer on Thursday defended Microsoft Corp's (MSFT.O) need to make heavy investments in its Internet businesses but said the company was "done," for now, with pursuing Yahoo Inc (YHOO.O).   Nations:U.S.   People:Steve Ballmer   Activities:Microsoft - Yahoo Deal   Source:(Reuters)   2008-07-24

    Amazon shares leap on strong quarterly report
    NEW YORK - Amazon.com Inc. shares leaped 13 percent Thursday after the Internet retailer showed that it doesn't seem to be bothered by the sputtering U.S. economy.   People:Jeff Bezos   Source:(AP)   2008-07-24

    Microsoft defends search investments to analysts
    REDMOND, Wash. - Microsoft's CEO defended the software maker's decision to invest heavily in its unprofitable online business, but shed little light Thursday on specific steps it will take to challenge Google in the wake of the failed bid to buy Yahoo.   Nations:Canada   People:Steve Ballmer   Activities:Microsoft - Yahoo Deal   Source:(AP)   2008-07-24

    Microsoft exec who led Yahoo bid leaving company
    SEATTLE (Reuters) - Microsoft Corp (MSFT.O) said on Wednesday that Kevin Johnson, who as president of Microsoft's largest business division spearheaded the company's pursuit of Yahoo Inc (YHOO.O), is leaving the software maker.   Activities:Microsoft - Yahoo Deal   Source:(Reuters)   2008-07-23

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