Gasta News: Microsoft to buy Yahoo for $44.6bn (£22.4bn)

Microsoft has offered to buy the search engine company Yahoo for $44.6bn (£22.4bn) in cash and shares.

The offer, contained in a letter to Yahoo's board, is 62% above Yahoo's closing share price on Thursday.

Yahoo cut its revenue forecasts earlier this week and said it would have to spend an additional $300m this year trying to revive the company.

It has been struggling in recent years to compete with Google, which has also been a competitor to Microsoft.

"We have great respect for Yahoo, and together we can offer an increasingly exciting set of solutions for consumers, publishers and advertisers while becoming better positioned to compete in the online services market," Microsoft chief executive Steve Ballmer said.

Chairman quit

There has not yet been any comment from Yahoo.

Its chief executive, Jerry Yang, announced on Tuesday that he intended to lay off 1,000 staff as part of a restructuring plan.

Terry Semel, who stepped down as chief executive last June, also quit as non-executive chairman on Thursday.

Microsoft said that Yahoo shareholders could choose to receive either cash or shares.

Yahoo shares have fallen 46% since reaching a year-high of $34.08 in October. They rose 54% in pre-market trading.

"Ultimately this corporate marriage was forced by the rise of Google, which has grown into a serious competitor for both Microsoft as a software company and Yahoo as an internet portal," said Tim Weber, business editor of the BBC News website.

"It is a shotgun marriage, but the person holding the shotgun is Google."

'Exorbitant premium'

According to its letter to Yahoo, Microsoft attempted to enter talks about a deal a year ago, but was rebuffed because Yahoo was confident about the "potential upside" presented by the reorganisation and operational activities that were being put in place at the time.

"A year has gone by, and the competitive situation has not improved," Microsoft's letter said.

But there has been some concern about the price that Microsoft is offering.

"To me, the premium seems exorbitant, for what is a dwindling business," said Tim Smalls from the brokerage firm Execution LLC.

"I personally don't see how the synergies of Microsoft-Yahoo is going to take on Google."

Other analysts were more enthusiastic about the offer.

"It is a fantastic offer. It is game on," said Colin Gillis from Canaccord Adams.

"This consolidates the marketplace down to Google versus Microsoft. These two companies will be going head to head."

Gasta search convergence

The Register reports that Microsoft is to acquire Norwegian business search engine company Fast Search and Transfer for 6.6bn kroner ($1.23bn)

The software giant said it would pay 19 Norwegian kroner a share for the Oslo-based firm, which represents a 42 per cent premium to the closing share price on 4 January, the day before Microsoft stepped in with its bid.

Fast's board of directors and nearly half of its shareholders have already voted in favour of the buy-out and urged its remaining shareholders to accept Redmond's hefty offer.

In recent months Microsoft has beefed up its Web 2.0 intentions by investing in a number of data centres inside and outside the US as it clambers for a larger chunk of the search engine pie.

The Fast deal, which should be completed in the second quarter of 2008 subject to the usual regulatory approvals, will give the firm tailored internet search functions for corporate customers that include the likes of United Parcel Services and Deutsche Telekom AG.

Publicly-listed Fast said it welcomed the arrival of the Bill Gates jamboree, perhaps unsurprising given that in its last set of results the firm reported a third-quarter loss of $100m.

Gasta Video:Prepare for Web 3.0

This is a facinating article by Phil Cooper about the advance of video and (UGC) user generated content on the Internet

Gasta.com has just launched its own unique video services great for 'mash up' mixs and 'speeding through' every body wants the 15 minutes of fame.

Prepare for Web 3.0

Phil Cooper, CEO, Utarget Networks

Video continues to expand rapidly online. This new market has been driven by users, both consuming and generating video. Professional digital producers, big and small, are now responding to this user demand by delivering their content online. Short form video is proliferating on the open internet and this may well extend to long form video content. Advertising is becoming the main revenue model to propel this market. Walled garden services may well become submerged under an open internet video tsunami.

Doubters should look at the US market to see the large amount of video now online. But advertising on US TV is holding up compared to the UK. Online spend over there remains proportionally only half that of the UK. So we’re behind the US in putting video online (by about 18 months) but, it would seem, ahead in the web encroaching on TV. It seems UK users are moving from TV to online particularly quickly. ITV and other commercial channels are finally responding to the threat as convergence looms ever larger.

Utarget is proud to have launched the UK’s first online video advertising net work in June 2006 and to have since led the growth of the UK video ad market. YouTube has demonstrated the huge user interest in video but has equally high lighted the problems in monetizing uncontrolled and variable content. In contrast, we represent video ad inventory across top tier websites offering quality content. As of this month, we’re pleased to include the leading online video pioneer, Blinkx, within our network.

Other networks and major sites now offer targeted streamed placements for video advertisers around well produced short and long form content. In addition, there are video players supplied with rich syndicated content, such as Roo Media and Brightcove (as well as our own ad supported player). Through such players we have sites where video is the hero. These aren’t traditional text based sites but broadband TV channels. Most are ad funded but some are brand sponsored. They’re the future of online and show the video market growing and maturing.

Video ads will become the key format for brand advertisers online. They’re increasingly attracted to video ads as the online format that uniquely offers the impact and reach of TV. Our experience is that online usage is evolving from lean forward to more laid back due to the browsing of online video. It will never be couch potato but new media specialists will increasingly have to compete against big agency TV departments as the two media converge.

From our market position, Utarget is now seeing a sharp upturn in overall video spend in the UK. Test budgets are rising to £20,000 and more clients are willing to invest by equipping their agencies with creative of appropriate length for online. Expect this to rapidly accelerate. We predict that a large part of TV will be distributed online by 2010.

Gasta Advertising

GASTA WEB 2.0

We will soon be launching our next generation web.20 multimedia search, this version is almost complete and has simple push button administration areas that control search feeds, adverts, links, and keywords, all linked by our InstantLinks, InstantAds, and SearchMatch products. Gasta disseminates information and like an electronic amoeba spreads the information across networks, when a search is made on Gasta the search keyword is collected and collated for popularity, the most popular keywords are then added to the list of Gasta directories; this is all carried out in quantum nanoseconds (on the fly). Web marketers and SME’s then have the opportunity to create an IntantLink ™ to that directory. Users can also bookmark videos, images, webpage’s, and view their search history.

This is a new innovation in web directories and dynamic linking, and part of the new exciting Gasta interface. Gasta’s new interface is designed to give the maximum use of directories but at the same time make easier to use the search tool. Having morphed from an old school directory like Yahoo, Gasta has now harnessed the minimalist elements of Google and tied these to the directory listing by popular keywords. This is very new and very creative design for the launch of Gasta web2.0 with the additional tools of predictive search assists, playlists, and transparent search history we give the user more power to search faster, and more precisely.

Please feel free to have a look around http://www.mysearchmachine.com

And let us know what you think, we would like the opportunity to discuss future strategies partners and individuals.

Gasta & Baidu.com Inc

This is the latest search engine reach report from Gasta news, Baidu the robot that crawls gasta in eastern europe for results is growing at a phenomenal rate, as is the China net market.

SHANGHAI (Reuters) - Baidu.com Inc led China's search engine market in last year's fourth quarter with a 60.1 percent share, research firm Analysys International said on Friday.

Google Inc came second with a 25.9 percent share, followed by Yahoo China with 9.6 percent, it said in a statement.

Baidu's fourth-quarter market share was roughly unchanged from the previous quarter. Google Inc, meanwhile, gained 2.2 percent in the fourth quarter from the third, and has launched a mobile short message search service.

China's search engine market reached 946.6 million yuan ($131.3 million) in the fourth quarter -- almost double from a year earlier -- and was dominated by Baidu, Google and Yahoo China with a combined share of nearly 96 percent.

China had 210 million Internet users at the end of 2007, second only to the United States, and the population would become the world's largest at the beginning of this year, Xinhua news agency said this month.

Gasta , Fidel Castro "Globalisation:the new atomic bomb"

In an interview with The New Yorker magazine in 1999 Fidel Castro said that "Globalisation was the new atomic bomb" we here at Gasta HQ had a debate at the time about what that he could mean, we thought it might be a statement about the enviroment or an isolationist nightmare, but what is now apparent is that Fidel Castro was talking about the big bang of communication. Information is now spread so fast across the globe that a blip on the economic markets in Asia/Europe or one of the other 'emerging markets', can cause a nerve jangling pulse in the market worldwide, everybody is watching everything! We in Belfast are famous for our corner boy politics, now we have our corner boy economists and doomsayers! The recent credit cruch is a typical example of the 'rush to fear'; financial journalists and the media as a whole have been quick to deny any cause and effect of their reports, but every force has an opposite and althought the media may not have meant to start a run on the Northern Rock, they did! Is this the new atomic bomb that Castro predicated? Can modern communication cause widespread panic and fear at such a fast pace that the shockwave hits us all at once?

Gasta the amoebic replicant

Gasta the amoebic replicant

Growing faster and replicating itself across the universe how big can Gasta get?

Gasta disseminates information and like an electronic amoeba spreads the information across networks, when a search is made on Gasta the search keyword is collected and collated for popularity, the most popular keywords are then added to the list of Gasta directories; this is all carried out in quantum nanoseconds (on the fly). Web marketers and SME’s then have the opportunity to create an IntantLink ™ to that directory. This is a new innovation in web directories and dynamic linking, and part of the new exciting gasta interface. When designing a new interface a range of disciplines must be used to create the best experience for the interface user, Gasta.com's new interface is designed to give the maximum use of directories but at the same time make easier to use the search tool. Having morphed from an old school directory like Yahoo, Gasta has now harnessed the minimalist elements of Google and tied these to the directory listing by popular keywords. This is very new and very creative design for the launch of Gasta web2.0 with the additional tools of predictive search assists, playlists, and transparent search history we give the user more power to search faster, and more precisely.

Gasta mobile world congress, Barcelona 2008

Gasta to attend mobile world congress in Barcelona on 11-14 Febuary 2008, InestNi have kindly invited gasta to attend the mobile world congress in Barcelona. The event is aimed at the wireless telecommunications sector but is also relevant for ICT/Digital Media/Web Development, and mobile marketing companies that supply services and technologies to the sector. This is a great idea by InvestNI as outlined in the recent strategy document converging technologies and industry collaborations are the way forward.

Belfastmediagroup:strategic alliance with gasta.com

Belfastmediagroup announces new online strategy with gasta.com, heres how the announcement was made on the new Belfastmediagroup websites front pages.


"Equally exciting is the move towards digital 'citizen' hubs across the city as we roll out our newly-acquired sites including, southbelfast.com and belfasteast.com. These hubs are being developed under our new strategic alliance with gasta.com, the successful search engine company based in Belfast which enjoys marketing deals with yahoo, askjeeves and google. These sites will carry the news and advertisements from the Belfast Media Group newspapers while tailoring their offering to the younger reader with 'what's on' lists of local pubs and restaurants, cinema listings and photo-ordering facilities."