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CBS + CNet, IAC + Lexico and Comcast + Plaxo
May 19th, 2008
In a coincidence of sorts, 3 different mergers were announced around the same time last week. The popular U.S. based broadcasting company CBS will buy web publisher CNET networks for $1.8 billion. IAC, owners of Ask.com will buy Lexico for $100 million in cash and Comcast will buy Plaxo. Read the rest of this entry »
Ask.com Concedes Defeat, Realigns To Target Women
March 6th, 2008
In what seems to be more of a cruel joke than a factual statement, the Associated Press reported yesterday that Ask.com was laying off 40 employees and realigning itself as a women’s site. Read the rest of this entry »
