Feeds

Yahoo! swoops on GeoCities

The eyes have it in deal for virtual bums on seats

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

Yahoo! has confirmed it is to buy the Web company GeoCities in move that will create the world's largest online community. The news ends speculation that the two were holding secret talks and is yet further evidence of the frenetic activity currently being witnessed among Internet companies. Speaking to analysts earlier today, Tim Koogle, chairman and CEO of Yahoo!, said: "This is a substantial and strategic acquisition that will culminate in a powerful and complementary alliance. "Through this acquisition, we are accelerating our global leadership position by combining two of the Web's strongest brands and most heavily used services into one powerful offering." With more than 3.5 million sites and a user base of more than 19 million people, GeoCities has built up one of the Web's largest online communities. According to Nick Gibson, an analyst at Durlacher, the deal is all about being able to say who has the largest user base. "It's all about eyeballs," he said. "The more eyeballs they have staring at their pages the more revenue they can get from advertising." ®

Internet Security Threat Report 2014

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Special pleading against mass surveillance won't help anyone
Protecting journalists alone won't protect their sources
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Apple's iPhone 6 first-day sales are MEANINGLESS, mutters analyst
Big weekend queues only represent fruity firm's supply
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Bill Gates, drugs and the internet: Top 10 Larry Ellison quotes
'I certainly never expected to become rich ... this is surreal'
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
EMC, HP blockbuster 'merger' shocker comes a cropper
Stand down, FTC... you can put your feet up for a bit
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.