Google Cries Foul, Complains of Microsoft's Monopoly.

Mon, 04 Feb 2008 06:20:29 GMT    Google (GOOG 534.62) backs-off of partnering with Yahoo! (YHOO 29.88) to fed off Microsoft (MSFT 28.96) while new rumors circulate that News Corp. (NWS 19.93) may end up as their new white night. Speculation is that NWS is interested in combining MySpace and other online properties, according to The Wall Street Journal.

The odds are that MSFT will stand pat with their $31 bid until a higher offer is on the table or until YHOO extends an olive branch, indicating they will play ball for a little more…

 

 

 

 

 

WSProfit Headlines

Buffett sees signs recession getting worse - says inflation is a worry. Billionaire Warren Buffett has already said he thinks the U.S. economy is in a recession, and now he says the economy is getting worse.  More

Fed Leaves Rates Unchanged; Sees Greater Inflation Risk. Federal Reserve holds key interest rate at 2%, leaving it unchanged for the first time since last summer.  More

WSProfit Bear Super-Cycle News. -UPDATED- A Litany of Bear News Bullets.  More

Royal Bank of Scotland (RBC) – issues a global stock and credit alert Royal Bank of Scotland (RBC) – issues a global stock and credit alert.  More

DOW Jones Industrial Average Drops -315.79 points, 3.02 percent to End the Week. DOW Jones Industrial Average Drops -315.79 points, 3.02 percent to End the Week, Caping a 4th Straight Monthly Decline.  More

The Anatomy of a Credit Crisis (2000-2008 and Beyond) A brief outline of the major events which led to the current state of affairs.  More

The President Signs the Stimulus Package and Asks Us to Spend Borrowed Money. Most taxpayers will receive a check of up to $600 for individuals and $1,200 for couples, with an additional $300 for each child.  More