The Week: City news - Icahn joins Yahoo! board
25 Jul 2008
Carl Icahn, who owns 5 per cent of Yahoo! and has demanded the company accept Microsoft's takeover bid, is to join the company's board and withdraw his attempt to replace its directors.
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The Week: City news - Google profits disappoint
25 Jul 2008
Google's pre-tax profits rose 35 per cent year on year to $1.25 billion (£628 million) for the second quarter of 2008, but were down 5 per cent from the first quarter of the year, when they stood at $1.31 billion.
Diary: On the QT ..
25 Jul 2008
to rocking out to Paradise City on Guitar Hero, or even better drumming along to Faith No More's Epic on Rock ...
The World: New York - DraftFCB lays off staff due to adspend slump
25 Jul 2008
Some clients are spending less, while others are moving money out of media in which the agency works, according to industry sources. The agency's clients include Kraft Foods, Gerber, Citi, HP, the US Census and Fisher-Price. Laurence Boschetto, the DraftFCB worldwide president, acknowledged some ...
The Work: Private view
25 Jul 2008
scheme which encourages parents to read to their kids. I read to my son most nights. Leicester City ...
The Week: City news - InBev buys Anheuser-Busch
18 Jul 2008
Anheuser-Busch, the Budweiser brewer, has accepted a raised takeover bid of $52 billion (£26 billion) from InBev, creating the world's largest brewer, Anheuser-Busch InBev.
The Week: City news - Yahoo! rejects search offer
18 Jul 2008
Yahoo! has rejected a joint proposal for its search business by Microsoft and Carl Icahn.
The Week: City news - No News Corp/Yahoo! deal
18 Jul 2008
Separately, Rupert Murdoch has said it is "very unlikely" that News Corporation will be involved in a deal with Yahoo!. Recent reports have speculated that News Corp has held talks with Yahoo!, with a view to linking up ventures, such as the social networking site MySpace and Yahoo!
The Week: City news - Buyers line up for ITV stake
18 Jul 2008
Four media companies have approached ITV about buying the stake currently owned by BSkyB that is currently under investigation by the Competition Commission.
The Week: City news - UTV rights issue falls short
18 Jul 2008
UTV, the owner of talkSPORT, managed to offload just 41.5 per cent of the shares issued from its recent rights issue, reflecting the lack of investor appetite for media stocks.
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