Daily Archives: June 10, 2009

Tim Bradshaw

“It’s a bummer.”

That’s how Quincy Smith, president of CBS Interactive, described the departure of Last.fm’s three founders, Martin Stiksel, Felix Miller and Richard Jones.

CBS paid $280m in 2007 for Last.fm, an online music service and community now used by over 37m people a month. It remains one of the UK’s biggest buyouts in the web 2.0 era and Last.fm is still a fixture of London’s Silicon Roundabout.

Yet Mr Smith was magnanimous as three darlings of the web scene left CBS Interactive, which as a whole generated revenues of over $600m last year. Read more

  • EMC continues to court Data Domain. Joe Tucci, EMC’s chief executive, today took the unusual step of writing an open letter to Data Domain employees, explaining why their company would fare better with EMC than with rival NetApp. It was an opportunity for Mr Tucci to plead his case, but of course he’s barking up the wrong tree. It is Data Domain’s board, not its employees, who will decide its fate. Data Domain has agreed to a hybrid offer of $30 a share from NetApp. EMC has in a $30 all-cash offer, which looks to be superior. Data Domain said it will respond to the EMC offer by June 16. Stay tuned.
  • Google opened up another front in its broadening war with Microsoft today as the search leader made its increasingly popular Gmail, contacts and calendar applications compatible with Microsoft’s ubiquitous Outlook system. Outlook isn’t going away any time soon, but the move by Google means that Microsoft has one more piece of turf to worry about protecting.

 Read more

Richard Waters

Bing has moved the needle for Microsoft, but not much.

That is according to figures from comScore, which showed an increase in traffic to the new Microsoft search service in the days since it was launched. Curiosity about Bing lifted the number of Microsoft searches by 20 per cent from the week before and the numbers held steady for five days, suggesting searchers liked what they saw and have been coming back for more.

That still only amounts to two extra points of market share, though. Read more