AOL shares down following spin-off
Date: Thu, 10 Dec 2009 12:00:53 -0500
AOL SHARES DOWN FOLLOWING SPIN-OFF
Shares of the newly-independent AOL Inc. declined modestly in early
trading Thursday, only hours after they'd been spun out to investors
in former parent company Time Warner Inc.
YAHOO 'IDENTIFYING' ENGINEERS GOING TO MICROSOFT
The online giant is in the process of "identifying" the 400 engineers
that will be moved to Microsoft as part of the companies' planned
search and advertising partnership.
GOOGLE BEARS DOWN ON MICROSOFT APPLICATIONS
A Google executive says that the company's Apps software has won over
20 million users across "a few million businesses," as it looks ahead
to an impending revamp of rival technology from Microsoft.
INITIAL JOBLESS CLAIMS RISE 17,000 TO 474,000
The number of people filing claims for state unemployment benefits
rises by 17,000 to a seasonally adjusted 474,000, while the total
number of people claiming benefits of any kind tops 10 million.
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