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2009-08-10 06:10:00

The French advertising company Publicis announced on Sunday they are purchasing the digital advertising company Razorfish from Microsoft for 530 million dollars. "The acquisition of Razorfish is another step forward in realizing our strategic vision of building a world leader in digital communications," chairman and chief executive officer Maurice Levy said in a statement. If the US software company sells Razorfish, it will have 3% of the capital of Publicis, the world's fourth-biggest ad...

2009-08-09 09:30:00

PARIS and REDMOND, Washington, August 9 /PRNewswire-FirstCall/ -- Publicis Groupe SA (Euronext Paris: FR0000130577) and Microsoft Corporation (NASDAQ: MSFT) jointly announced today that they have signed an agreement under which Publicis Groupe will acquire Razorfish, a leading digital marketing agency, in a transaction valued at approximately $530 million, expected to be provided in a combination of cash and Publicis Groupe treasury shares. In addition, the parties announced they have...

2009-07-27 08:00:00

SANTA MONICA, Calif., July 27 /PRNewswire-FirstCall/ -- Ascent Media Group, a leading provider of creative, technical and content distribution services to the media and entertainment industries, today announced the addition of two key executives, Douglas Parrish, executive vice president of operations and Drake Pruitt, senior vice president of business development. "Doug and Drake are both deeply experienced media and technology executives who will play essential roles in driving Ascent's...

2009-07-17 15:11:00

SHANGHAI, July 17 /PRNewswire/ -- AdChina, the largest online advertising network in China, today announced it has completed its series B round of venture financing led by Richmond Management, along with co-investors GSR Ventures and News Corporation. The financing will enable AdChina to grow its staff and invest in several new technology and commercial initiatives planned for 2009-10. AdChina's current investors have previously been involved with such companies as aQuantive, DoubleClick,...

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2009-07-14 13:04:27

The Wall Street Journal reported on Monday that Microsoft has approached five of the world's biggest advertising companies about buying its digital advertising agency Razorfish. The newspaper said that the deal could include using Microsoft's advertising technologies and the possibility of buying the hundreds of millions of dollars of ad space across its Web properties. The daily also reported that WPP, Omnicom Group and Publicis Groupe have expressed their interest in Razorfish and were...

2009-03-09 07:40:00

DENVER, March 9 /PRNewswire/ -- The Denver Newspaper Agency has hired an expert in online media innovation and monetization as its new senior vice president of interactive media. Alison Kane brings to the publisher of The Denver Post 25 years of strategic marketing, technology and operational expertise, with an emphasis in technology solutions and services within the e-commerce and digital media area. Kane joins the Denver Newspaper Agency from Local Matters, a Denver-based technology...

2008-12-04 15:30:00

REDMOND, Wash., Dec. 4 /PRNewswire-FirstCall/ -- Microsoft Corp. today announced that Dr. Qi Lu will join the company as president of the Online Services Group. Dr. Lu will lead Microsoft's efforts in search and online advertising and all the company's online information and communications services. Dr. Lu will report to Microsoft Chief Executive Officer Steve Ballmer. (Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO) Lu most recently served as executive vice...

2008-07-18 03:00:23

By Gill, Joe Analysis Announcing its $44.6 billion offer for Yahoo! on 1 February, Microsoft chief executive Steve Balmer grandly stated that the deal was part of the computer company's plans to transform itself by embracing online services and investing successfully in search and advertising. A Microsoft-Yahoo! combination, if it goes ahead, would in theory take on Google's massively dominant position in search advertising (78.6 per cent of UK search according to Nielsen//NetRatings) and...


Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.