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European regulators approved Googles’ $3.1 billion acquisition of DoubleClick, deeming the purchase unharmful to competition in the online ad market.
The U.S. Federal Trade Commission approved the deal last December with no asset sales or other conditions. The European Commission followed suit, approving the deal sans conditions.
The approval will likely not sit well with Microsoft and Yahoo, both of which worried that the acquisition, the biggest in Google’s nine-year history, would hamper competition in the nearly $41 billion online ad market.
Microsoft has tried to battle back with a $44.6 billion bid for Yahoo, an offer that was rejected on February 1 by Yahoo’s board. Microsoft bought DoubleClick rival AQuantive Inc. for $6 billion in 2007.
Google may cut some jobs at DoubleClick, reported Bloomberg.
Comcast is hoping to enlighten media buyers on the ways of young men ages 18-34 with its new “field guide,” titled Hunting with Lightsabers, that has been in the works for a year and is now available.
The guide provides…
One of the few remaining tabloid book review sections in the country’s newspapers bought the farm this weekend.
The Chicago Tribune, which last year moved its stand-alone book review tabloid from Sunday to Saturday, has killed the section altogether, replacing…
A “Money Bus” took off to begin its tour of the country this week. The bus - part of a campaign by Kiplinger’s Personal Finance, the National Association of Personal Financial Advisors (NAPFA) Consumer Education Foundation, and TD Ameritrade Institutional…
Though prime time viewing on broadcast is down, all four networks are up in viewers for NFL games through the first four weeks of the season, compared to last year.
NFL games are scoring high ratings in part because the…
Most Americans are very concerned about their internet privacy and many are taking steps to limit the information that is being collected and shared about them online, according to a poll from Consumer Reports, MarketingCharts reports.
To combat what they view…
Companies are struggling with how to adapt to serve a new wave of consumers from the Millennial Generation (or Gen Y) - born between 1982 and 2001 - according to a global survey by the Economist Intelligence Unit and Alcatel-Lucent company Genesys, reports Retailer…
