Feeds

Citigroup jacks up Yahoo! rating

And social networking gets open API

Secure remote control for conventional and virtual desktops

The likelihood of Microsoft raising its bid for Yahoo! sent its shares up yesterday after a Citigroup analyst upped his rating for Yahoo! shares from "hold" to "buy".

The bank believes Microsoft will raise its $31 a share offer for Yahoo! to $34 a share. They are currently changing hands for $28.73, but went up 3.5 per cent yesterday on the news.

Mark Mahaney at Citigroup said that although there were no other offers on the table for Yahoo! the fact it was looking at other options could force Microsoft's hand.

In other news Yahoo! has joined up with Google and MySpace have formed an open standards coalition for social networking. OpenSocial is an API for social networking sites already in use by orkut.com and hi5.com.

The companies will also create a not-for-profit foundation to promote development of the software, protect its intellectual property and provide equal, and free, access to the API.

Yahoo!'s move could be seen as another move against Microsoft which has its own standard. But the real missing piece for OpenSocial is the biggest social networking player in the West - Facebook.®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Bladerunner sequel might actually be good. Harrison Ford is in it
Go ahead, you're all clear, kid... Sorry, wrong film
Euro Parliament VOTES to BREAK UP GOOGLE. Er, OK then
It CANNA do it, captain.They DON'T have the POWER!
Musicians sue UK.gov over 'zero pay' copyright fix
Everyone else in Europe compensates us - why can't you?
I'll be back (and forward): Hollywood's time travel tribulations
Quick, call the Time Cops to sort out this paradox!
Megaupload overlord Kim Dotcom: The US HAS RADICALISED ME!
Now my lawyers have bailed 'cos I'm 'OFFICIALLY' BROKE
Forget Hillary, HP's ex CARLY FIORINA 'wants to be next US Prez'
Former CEO has political ambitions again, according to Washington DC sources
prev story

Whitepapers

Driving business with continuous operational intelligence
Introducing an innovative approach offered by ExtraHop for producing continuous operational intelligence.
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.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Internet Security Threat Report 2014
An overview and analysis of the year in global threat activity: identify, analyze, and provide commentary on emerging trends in the dynamic threat landscape.