Archive for May 19, 2008

Microsoft announced that it is continuing to explore and pursue its alternatives to improve and expand its online services and advertising business.

In a statement, Microsoft said “In light of developments since the withdrawal of the Microsoft proposal to acquire Yahoo! Inc., Microsoft announced that it is continuing to explore and pursue its alternatives to improve and expand its online services and advertising business. Microsoft is considering and has raised with Yahoo! an alternative that would involve a transaction with Yahoo! but not an acquisition of all of Yahoo! Microsoft is not proposing to make a new bid to acquire all of Yahoo! at this time, but reserves the right to reconsider that alternative depending on future developments and discussions that may take place with Yahoo! or discussions with shareholders of Yahoo! or Microsoft or with other third parties.

“There of course can be no assurance that any transaction will result from these discussions.”

comScore has for the first time ranked Google at the top of their list for most visited destinations online in the USA.

As per the latest report, Google has now overtaken Yahoo to become the most popular website in the USA.

This ranking is by the number of unique monthly visitors.

The Hewlett-Packard Company Foundation has committed US$500,000 to the American Red Cross International Relief Fund in partnership with the Red Cross Society of China for aid in the aftermath of the recent Sichuan earthquake, while HP employees in China have collectively given at least US$285,000.

The Hewlett-Packard Company Foundation also has instituted a gift-matching program for HP employee contributions for up to US$350,000.

In addition, HP will donate approximately US$300,000 fair market value worth of technology equipment to help rebuild local schools in the affected communities. HP has established an earthquake emergency relief team in China that will work to identify and support affected customers and mobilize volunteer teams to help recovery efforts. These volunteers will help with rebuilding and provide technical expertise to schools and communities in need.

Cisco announced that it has increased its initial donation from $250,000 to $1 million for the victims of the earthquake in China’s Sichuan province on May 12, 2008.

In addition to the company donation, the Cisco Foundation will also match employee contributions up to $1,000,000 and the TOSA Foundation, headed by Cisco chairman emeritus, John Morgridge, and his wife, Tashia, will match employee donations up to $250,000. To date, Cisco employees have donated $136,678.00.

All donations will go to the American Red Cross for transfer to the Red Cross Society of China.