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TECH TREK

Baidu Censors a Bit Too Well

China's government is all for Internet censorship -- but not like this. Three employees from China's top search engine, Baidu, were arrested for deleting posts from its website in exchange for money, according to a report. Those three employees were fired, along with a fourth who was fired but not a...

4 Wiseguys Indicted for Gobbling Up Choice Concert Tix

A federal grand jury has indicted four owners and key employees of a company that prosecutors said for years illegally cornered the market on the best concert and sporting event seats. The 60-page indictment accuses the men of directing an international conspiracy to defeat security schemes at Ticke...

Are Concert-Goers the Losers in Ticketmaster-Live Nation Deal?

The Department of Justice has cleared the path for Live Nation and Ticketmaster to merge -- but with several conditions attached, including significant support to companies that will be formed to provide competition. The two firms, which announced the possibility of a merger a year ago, have agreed ...

WEEKLY RECAP

Street Corners, Internal Organs, Watery Depths: Google Is Watching

Now you and your friends can play "Where in the World Is Carmen Sandiego?" with Google's new mobile technology called "Latitude," but you, or they -- all of you, as a matter of fact -- can be Carmen. All of your movements can be geographically tracked through cell tower signals, and everyone you let...

Ticketmaster, Live Nation Deal Could Cost Fans

Shares of Ticketmaster Entertainment and Live Nation surged more than 15 percent in early trading Wednesday on press reports that the two companies could merge as soon as this week in a blockbuster deal that would change the landscape in concert and sports ticketing. Ticketmaster is one of the world...

Genachowski Likely to Champion Openness as FCC Chief

President-elect Barack Obama has selected former Internet executive and venture capitalist Julius Genachowski to be the next head of the Federal Communications Commission. Genachowski, who was classmates with Obama at Harvard Law School, is expected to receive an easy confirmation from the U.S. Sena...

The Case for Open Comments on Corporate Blogs

On New Year's Eve, Richard Rabins, cofounder of Alpha Software, posted a thank-you to readers on his blog. "Your suggestions, advice, criticisms, peer support and sweat equity were crucial to expanding the Alpha Five universe in 2007," he wrote. "Every new application you deployed, every peer you s...

Diller Slices IAC Empire Into Five Pieces

Seeking to unlock value from a years-long acquisition spree, IAC/Interactive said Monday it will split into five publicly traded companies, leaving the Ask.com search engine as the core IAC holding, along with other Internet interests. IAC's board has approved a plan to spin off four new companies: ...

IAC To Spin Off Expedia, Other Travel Properties

In a move to distinguish itself from its successful travel properties in an increasingly competitive landscape, IAC/InterActiveCorp. will spin off Expedia and its other related travel Web sites next year as a separate publicly traded company, company officials said. "We believe greater value can be ...

Hotels.com HQ Back to Normal After Anthrax Scare

Hotels.com's offices were evacuated and its stock suffered a sharp drop after a white powdery substance was discovered in the company's mailroom. Local authorities in McAllen, Texas, ordered the evacuation of the Hotels.com processing center -- where about 100 people process reservations made thr...

Expedia Earnings Strong Despite Travel Concerns

Expedia saw revenues climb sharply and income nearly double during the second quarter, a performance that -- at least temporarily -- might allay fears about slowing growth in the online travel space. Expedia said it saw growth on all fronts as gross bookings rose 66 percent to $1.33 billion, reve...

Expedia Says No to USA Interactive

Expedia has rejected a takeover bid from USA Interactive, the online travel service's largest shareholder. The snub was not entirely unexpected. Many company officials and shareholders had denounced USA Interactive's intentions to buy the remaining 37 percent of Expedia. USA Interactive head Barr...

USA Rethinks Huge E-Commerce Bid

Mere days after announcing a $4.5 billion buyout effort, USA Interactive is backing away from the deal, citing sour market reaction. "It's interesting that [investors] would pan it," Morningstar.com analyst George Nichols told the E-Commerce Times. "Often, a move like this would help the stock be...

Priceline Scoops Up Onetime Rival’s Assets

Priceline.com has bought the domain name and trademark assets of onetime competitor Lowestfare.com, which stopped selling airline tickets a month ago. The deal is the latest in a string of partnership announcements and buyout attempts in the sector. Terms of the pact were not disclosed, although ...

Can eBay Copycats Thrive?

In the online auction sector, eBay is not just king of the hill; it owns the mountain. Some challengers to the throne have stepped forward in the past few years, but all have been trounced. Is it possible that in coming years, a more savvy and well-funded contender could challenge eBay and steal awa...

Elon Musk's Dec. 2 action to release The Twitter Files: Approve or Disapprove?
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