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4
May 10
Tue

Daily news rundown

  • FTC said to rule on Google’s $750m AdMob acquisition tomorrow – rumors suggest FTC will block, but even AdMob’s competitors have written into FTC in support of deal
  • FTC also probing Apple’s upcoming iAd service – rumors suggest Apple will charge advertisers on both a CPM and CPC basis (that’s impressions and clicks, not or)
  • RBA lifted the cash rate 25 basis points to 4.5%
  • Google planning to launch Google Editions, its e-book service in June or July – will compete with Amazon and Apple – see also this New Yorker article for background
  • Six Flags is no longer under Chapter 11 bankruptcy protection
  • IDC sold to private equity firms Warburg Pincus and Silver Lake for $3.4bn – 33% premium, cash deal – Morgan Lewis acted for seller, Simpson Thacher for buyers
  9:29pm  •  Current Affairs  •   •  Tweet This  •  Add a comment

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