Industry News

Semel steps down from Yahoo! board of directors
Terry Semel, Yahoo!'s non-executive chairman, is set to step down from his position on the search engine's board of directors, it has been announced.

Microsoft announces $44.6 million takeover bid for Yahoo!
Microsoft Corp. has made an unsolicited offer to buy Yahoo! for around $44.6 billion.

ICANN announces clampdown on 'domain tasting'
The Internet Corporation for Assigned Names and Numbers (ICANN) has announced an initiative to end so-called domain tasting.

Google unveils Social Graph API
Search engine giant Google has developed a new application programming interface (API) for social networking sites.

Google hits back at Microsoft over proposed Yahoo! takeover
Google has hit out against Microsoft, saying that it finds the company's proposed hostile Yahoo! takeover bid "troubling"

AOL acquires widget technology start-up
Internet company AOL has announced the acquisition of a start-up that specialises in widget development and analytics applications.

MySpace launches developer platform
Social networking website MySpace has announced the launch of its new developer platform.

Google offers helping hand to Yahoo!
Google chief executive Eric Schmidt has offered to help Yahoo! avoid being taken over by Microsoft through a proposed partnership, according to reports.

Google 'considering Chinese music downloads'
Google is planning to enter into an agreement with a web music firm to offer free downloads in China, according to reports.

AOL acquires affiliate network
Internet firm AOL has announced the acquisition of independent affiliate network buy.at.