Yahoo! acquires Maven Networks
The Internet giant, currently on the takeover radar of Microsoft Corp, announces the acquisition of the online video platform provider for $160 mn.
By HT Correspondent | PTI, New York
UPDATED ON FEB 12, 2008 08:15 PM IST
Internet giant Yahoo!, currently on the takeover radar of Microsoft Corp, on Tuesday announced acquisition of online video platform provider Maven Networks for about $160 million.
The acquisition comes a day after Yahoo!'s board rejected Microsoft's $44.6 billion unsolicited takeover bid saying the offer did not reflect the true valuation of the company.
However, Microsoft has reiterated that its offer reflects a superior valuation for the shareholders of Yahoo! and it would move ahead with the bid.
Announcing the acquisition of US-based Maven, Yahoo! said in a statement that the deal would expand its online video capabilities and would enhance its solutions for publishers and advertisers.
"Yahoo! and Maven will be able to offer publishers a full portfolio of technology and media solutions. Yahoo! already has the largest library of professionally produced legally licensed video content and has video advertising relationships with over 75 per cent of the top TV advertisers," it said.
Yahoo! also has advertising relationships with a growing number of premium publishers, including eBay, Comcast, Newspaper Consortium, Forbes.Com and others.
These eight states/UTs are showing an upward trajectory in new Covid-19 cases
ANI
PUBLISHED ON MAR 08, 2021 03:23 PM IST
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PTI
PUBLISHED ON MAR 08, 2021 03:17 PM IST
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PM Modi goes shopping online, tweets list. He wanted to send a message to women
By hindustantimes.com | Edited by Arpan Rai, New Delhi
PUBLISHED ON MAR 08, 2021 03:14 PM IST
Prime Minister Narendra Modi marked Women's Day and said,"Today, I bought a few products that celebrate women enterprise, creativity and India’s culture."
Will continue protest demanding discussion on fuel price hike, says Congress
ANI, New Delhi
PUBLISHED ON MAR 08, 2021 03:14 PM IST
Kharge's remarks came as Rajya Sabha witnessed repeated adjournments following repeated sloganeering by the Opposition MPs demanding on fuel price hike in Parliament.
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By hindustantimes.com | Written by Kanishka Sarkar, Hindustan Times, New Delhi
PUBLISHED ON MAR 08, 2021 03:09 PM IST
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After being disrupted thrice over fuel price hike, Rajya Sabha adjourned
By hindustantimes.com, Hindustan Times, New Delhi
UPDATED ON MAR 08, 2021 03:07 PM IST
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By hindustantimes.com | Edited by Mallika Soni, Hindustan Times, New Delhi
UPDATED ON MAR 08, 2021 03:03 PM IST
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Karnataka government slashes stamp duty on low-cost apartments
By Sharan Poovanna, Hindustan Times, Bengaluru
PUBLISHED ON MAR 08, 2021 02:06 PM IST
The cut comes at a time when real estate companies in Karnataka and especially in Bengaluru have requested for some relief to boost sales of unsold apartments in India's IT capital.
Magnitude 3.6 earthquake hits Himachal Pradesh's Chamba
Edited by Joydeep Bose | ANI
PUBLISHED ON MAR 08, 2021 01:29 PM IST
Notably, an earthquake measuring magnitude 2.4 on the Richter Scale had hit the same region last month, the NCS had informed.
News updates from HT: Mamata Banerjee to hold foot march in Kolkata
By hindustantimes.com, Hindustan Times, New Delhi
UPDATED ON MAR 08, 2021 01:11 PM IST
Here are today’s top news, analysis and opinion. Know all about the latest news and other news updates from Hindustan Times.
86.25% new Covid cases in 6 states: Govt
PTI, New Delhi
PUBLISHED ON MAR 08, 2021 12:55 PM IST
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By Utkarsh Anand, Hindustan Times, New Delhi
UPDATED ON MAR 08, 2021 01:44 PM IST
Seeking to dispel a controversy after bench led by him asked a rape accused last week whether he was ready to marry the complainant, Justice Bobde pointed out that his questions to the lawyer for the accused were in the facts of that case but there was misreporting by the media
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By Mir Ehsan, Srinagar, Hindustan Times
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