Microsoft and Yahoo are holding informal merger discussions, marking a shift from the "radio silence" that previously existed between the two companies, according to a source familiar with the talks.
Examined using several different metrics, Microsoft's bid for Yahoo could create one of the world's largest Web companies.
Ninemsn plans to acquire Sydney-based Web content developer HWW as the Microsoft/Publishing and Broadcasting Ltd joint-venture looks to bolster its mobile presence next year.
The joint venture between Microsoft and Publishing and Broadcasting Ltd today launched a search service for local businesses called MyLocal and completed the acquisition of mobile content syndication firm HWW.
Australia's most popular Web site, ninemsn, will face a "new" competitor in the form of Yahoo7, a joint venture between the Seven Network and Yahoo Australia and New Zealand.
Hostworks acquisition by Broadcast Australia will allow it to expand and tackle a larger market, the company says.
Kerry Packer's Publishing and Broadcasting Limited (PBL) has snapped up a quarter share in jobs Web site Seek.com.au, just days after its NineMSN joint venture shut down rival site monster.com.au.
Yahoo's announcement today that it has successfully completed its acquisition of commercial search provider, Overture Services, has could cast doubts over its relationship with LookSmart in Australia.
The Seven Network's online business arm, i7, has announced a joint venture agreement with online publisher Highball to launch an internet portal dedicated to women - WomenZone.
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