acquisitions

Yahoo May Have a Buyer

Episode 1307

There may be a buyer for yahoo, one of the oldest websites online, and if it goes through, it could be the end of the line for the troubled search engine company. The prospective buyer ... is Verizon, which is looking to buy the company for $5 billion, which is a far cry from the $45 billion that Microsoft bid for it a few years ago. Verizon is not going to get the most valuable portion of the company, its search engine since they have been using BING for a few years now, but it will get the content channels that create ad revenue like tumblr, Yahoo mail, Flickr, and other services.

Verizon Buys AOL

Episode 1188

Verizon bought AOL for $4.4 Billion this week, which Leo says is a bargain. The sale includes Huffington Post, TechCrunch and a host of other properties. Leo says that Verizon really wanted AOL's mobile ad platform. With over half of internet searches being Mobile, the mobile ad platform is really valuable. But Leo wonders how you put an ad on such a small mobile screen.

Meanwhile, Google is going to put a buy button in their ads to encourage more commerce.

AT&T Claims Buying DirecTV Will Bring Prices Down

Episode 1092

In their effort to replace their failed UVerse Internet and Entertainment packaging, AT&T wants to buy DirecTV. AT&T has also promised everyone that if the deal goes through, prices will drop. Leo says that would be a first. All too often, when there's less choice, prices go up. And with Comcast going after Time Warner and now AT&T going after DirecTV, he doesn't expect prices to drop any time soon. Quite the opposite, actually.

Über Raises $1.2 Billion in Venture Capital, Setting Valuation at $17 Billion

Episode 1090

Uber, the app to call a ride from private town cars and vehicles, has received a venture capital investment of over a Billion dollars, with a value of $17 Billion. Leo says that a billion dollars isn't what it used to be. The Wall Street Journal says that value is just plain nuts because there can easily be competitors. The irony is that Uber is only available in a few select cities. It's a neat service though, and you also have the choice of "Uber X," which is a higher end town car service.

Apple Makes Beats Acquisition Official

Episode 1087

Beats and Apple

Apple made their acquisition of Beats Headphones and Music Service official, paying 3.2 Billion and putting Doctor Dre and Jimmy Iovine on their board. Leo admits he was wrong and missed this one, and he was convinced that this was a bogus rumor. Apple went after the music service, which offers unlimited downloads and streams for $10 a month, is heavily curated, and Leo says it's a lot like regular radio. It has about 250,000 users, which indicates that it's not much of a success as a service.

Apple May Skip the Beat

Episode 1085

The news is that the rumor of Apple acquiring Beats for $3.2 Billion may have been premature, as Apple has started to back away from the acquisition. Word is that Doctor Dre put up a video bragging about being the first rap Billionaire and Leo says it seems it apparently didn't sit too well with Tim Cook and the Apple Board. So things have been put on hold.

AT&T Expected to Announce Acquisition of DirecTV

Episode 1084

AT&T is expected to announce this week that they will be buying DirecTV. Leo says that with Time Warner being bought by Comcast after buying Universal, the landscape is getting smaller, and will leave little room for competition. This is not a good thing for consumers.

AT&T makes bet on video with $48.5 billion DirecTV bid (Reuters)…
http://www.reuters.com/article/2014/05/19/us-directv-att-idUSBREA4B0W220140519