Yahoo’s board met Friday to evaluate Microsoft’s takeover bid and other alternatives but did not make a formal decision on which option to pursue, according to a New York Times article. Yahoo’s board authorized the company’s management team to continue meeting with Microsoft and with Time Warner, and meetings with both are expected to be [...]

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Yahoo and Time Warner’s AOL are closing in on a deal to combine their Internet operations, a move aimed at frustrating Microsoft’s effort to acquire Yahoo, according to a report in today’s Wall Street Journal. Microsoft is said to be altering its assault plan by having talks with Rupert Murdoch’s News Corp., publisher of The [...]

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AOL has secured the rights to show ESPN content on AOL Video and AOL Sports. This makes AOL the first gateway to carry ESPN content, which will include highlights from games and major sporting events as well as ESPN original programming clips. ESPN will benefit from this liaison with the prospect of greater advertising revenue. [...]

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