The Money & Finance Blog

Microsoft has offered a new deal to Yahoo which seem to be more than just a partnership. As The Financial Times reports, Microsoft offers $46.5bn bid for the whole of Yahoo , when Yahoo’s search operations alone are worth $21bn. Meanwhile, Eric Schmidt, chairman and chief executive of Google, made clear the search company remained [...]

NEW YORK – Cablevision Systems Corp. plans to buy the Long Island newspaper Newsday from Tribune Co. for $650 million. The information is given by am anonymous person familiar with the confidential discussions. If the reports are true, however, it means that Cablevision, a cable TV company, will own its first newspaper. All this will [...]