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  • If The Shoe Fits: Amazon Not So Well-Heeled, Reports Earning Down
    Amazon reported its earnings on the heels of the announcement of a deal with Zappos. Despite a strong gain in sales, Amazon saw net income decrease 10% to $142 million ...
  • Amazon Acquires Zappos Amid Infighting
    Various news outlets are reporting that Amazon.com has purchased fellow ecommerce site Zappos for 10 million Amazon shares, or $880 million, plus another $40 million in cash and restricted stock ...
  • Court Approved: Gray To Manage 7 Young Broadcasting Stations
    Gray Television is set to begin managing seven stations owned by Young Broadcasting through a plan that received preliminary court approval Wednesday. Young will continue to operate three stations, while ...
  • Sources: Yahoo Acquires Xoopit
    Sources tell Kara Swisher that Yahoo on Thursday will announce the purchase of social email startup Xoopit for around $20 million, one of its first acquisitions in a long time. ...
  • Bartz: I think Bing is a Good Product
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  • Adknowledge Acquires Virtual Currency Company
    Can sponsored virtual currency unlock social networks' vast moneymaking potential? In no uncertain terms, says Scott Lynn, CEO of Adknowledge, a performance-based ad network that has agreed to acquire KITN ...
  • Interview: AOL CEO Tim Armstrong
    In a lengthy interview with PaidContent.org's Staci Kramer, AOL CEO Tim Armstrong reveals his learnings from his first 100 days at the helm of the beleaguered Web giant, which is ...
  • Alpha Fail: Quadrangle Loses 'Maxim'
    In a major setback for the hedge-fund investor, Quadrangle Group has lost control of Alpha Media's Maxim to Cerberus Capital Management just two years after buying the lad mag from ...
  • Microsoft and Yahoo Deal Stumbling Toward The Finish Line
    The on-again, off-again Microsoft-Yahoo search deal seems to be on again, and once again headed straight for the finish line, possibly within the next week. The terms of the final ...
  • Microsoft, Yahoo in Late Stage Negotiations
    Kara Swisher reports that top Microsoft executives are in Silicon Valley ironing out what looks to be the final details of a search and online advertising deal between Yahoo and ...
  • Twitter Seeks IPO or Sale Next Year
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  • AOL Buys Mixed Martial Arts Site
    Extended its niche content strategy, AOL has acquired MMAFighting.com, a mixed martial arts site that will be relaunched in the next couple of months as part of the Web portal's ...
  • Bankers To Buy Young Broadcasting For $220 Million
    After reaching out to 66 potential buyers and finding minimal interest, a group of Young Broadcasting's bankers are expected to take control of the station group for about $220 mill ...
  • Levity, Triage, Medium Become Single Comedy Entity
    Levity Productions, Levity Management, Triage Entertainment and branded entertainment company Medium will now be known as Levity Entertainment Group. The company is the largest shareholder of the Improv comedy club ...
  • Outspark Closes Financing Round
    Online gaming community Outspark on Tuesday closed an $8.3 million venture financing round led by new investor Syncom Venture Partners. Founded in early 2007, the San Francisco-based company plans to ...
  • Microsoft More Likely Than Amazon to Buy Neflix
    The hot rumor of the day is that Amazon is interested in buying Netflix, "a seemingly dreamy match," says Kara Swisher, except that the rumors ignore two huge potential roadblocks: ...
  • Microsoft Pitches Possible Razorfish Sale
    Microsoft wants to sell its digital ad agency Razorfish and has pitched the idea to WPP, Omnicom Group, Publicis Group and two other large ad agencies. ...
  • Clownfish Takes Ecoconcious SEO Seriously
    Environmental search marketing campaigns could become the next frontier in tying a brand's reputation to social media and Web content served-up on engines and social media sites. Clownfish, a global ...
  • Quattro Wireless, Mobext Team On Mobile Analytics
    If brands want to better align online and mobile marketing efforts, comparing and contrasting campaign results is key. To that end, mobile ad network Quattro Wireless is partnering with Mobext, ...
  • Microsoft Shops Razorfish, Ad Deal to Top Advertising Companies
    Microsoft is shopping digital ad agency Razorfish to five of the world's largest advertising holding companies, The Wall Street Journal reports. The software giant is also seeking to have the ...
  • Internet Radio Deal Saves Webcasters Like Pandora
    A resolution has been reached that appears to have saved streaming Internet radio services like Pandora, TechCrunch and others are reporting today. The deal between Webcasters, artists, and record labels ...
  • Tribune May Seal Cubs Deal, Relieve Some Debt
    The long, drawn-out sale of the Chicago Cubs by Tribune Co. may be nearing its end. It was assumed that Wrigley Field would go to the Ricketts family for around ...
  • Press Crunch: Newspaper Deals in Miami, Boston Stall
    Two of the nation's leading newspaper publishers are seeing delays in their plans to sell assets to raise much-needed cash. These postponements will turn up the financial heat on The ...
  • Match.com Connects With People
    Showing its affection for market segmentation, IAC/Interactive's Match.com on Tuesday agreed to buy People Media for $80 million from private equity firm American Capital. Focused on specific demographic groups, People ...
  • Tribune Co. Finally Sells the Cubs
    Tribune Co. has finalized a deal to sell the Chicago Cubs to a bidding group led by bond salesman Thomas Ricketts. The value of the deal is said to be ...
  • CognitiveDATA Aquires Catalog Marketer CMS Direct
    CognitiveDATA -- which recently became a wholly owned subsidiary of database marketing agency Merkle -- on Monday announced plans to acquire catalog marketing services firm CMS Direct. According to company ...
  • Allen & Co Retreat Begins Amid Shaky Media Backdrop
    The annual Allen & Co. retreat for media company execs begins tomorrow in Sun Valley, Idaho, with the ominous backdrop of a global recession, shrinking advertising sales and fears that ...
  • Armstrong's First 100 Days Almost Over
    Tim Armstrong is now two weeks shy of completing his first 100 days at the helm of AOL. At the beginning of his quest, the former Google sales head said ...
  • Yahoo Kills Maven Networks
    Carol Bartz continues to swing the axe at Yahoo, closing down weak and under-performing products at the Sunnyvale, Calif. Web giant. According to TechCrunch's Robin Wauters, the latest to go ...
  • Digitalsmiths Intros MetaData System
    Betting on consumer demand for increasingly complex video viewing, white-label video technology company Digitalsmiths on Monday debuted a new product for premium video content libraries. The new product provides premium ...