Michael Liedtke

February 12, 2009 | Daily Report Online

SAN FRANCISCO AP - Facebook Inc. quickly concluded it wasn't worth anywhere near the $15 billion market value implied in a 2007 investment made by Microsoft Corp., according to confidential information obtained Wednesday from court documents.In a transcript of a June court hearing that was closed to the public, lawyers arguing over a legal settlement revealed Facebook's own appraisal had priced its privately held stock at $8.

By MICHAEL LIEDTKE

4 minute read

September 04, 2009 | Daily Report Online

SAN FRANCISCO AP - The final assault on a class-action settlement that would expand Google Inc.'s already vast digital library has been delayed until next week.U.S. District Judge Denny Chin extended the deadline until 10 a.m. EDT Tuesday for protesting or supporting the landmark deal that revolves around Google converting millions of copyrighted books so they can be read on computers and other electronic devices.

By MICHAEL LIEDTKE

4 minute read

March 18, 2010 | Daily Report Online

SAN FRANCISCO AP - YouTube co-founder Steve Chen once warned a fellow co-founder to stop posting pirated videos on their Web site, according to court documents unsealed Thursday as part of a 3-year-old copyright lawsuit against the online video leader.That bit of intrigue was among the confidential information that had been kept under wraps since Viacom Inc.

By MICHAEL LIEDTKE

3 minute read

March 01, 2013 | Daily Report Online

A disgruntled shareholder pressing Apple to create a new class of preferred stock has dropped a lawsuit that became a moot point after the iPhone and iPad maker changed the agenda at its annual meeting earlier this week.

By Michael Liedtke

3 minute read

July 09, 2012 | Legaltech News

In dropping a lawsuit, Yahoo and Facebook agreed to license their patents to each other and are also expanding their advertising alliance. The lawsuit involves no exchange of money.

By Barbara Ortutay and Michael Liedtke

5 minute read

November 23, 2009 | Daily Report Online

SAN FRANCISCO AP - While U.S. newspapers are losing subscribers at a staggering rate, a few dailies stand out because their circulation is rising. But they aren't necessarily selling more copies.Here's why: Since April 1, new auditing rules have made it easier for newspapers to count a reader as a paying customer.

By MICHAEL LIEDTKE

6 minute read

April 05, 2011 | Daily Report Online

Google co-founder Larry Page is known for his vision, passion and intelligence.Yet there is a fair amount of concern that Page's other known traits-his aloofness, rebellious streak and affinity for pursuing wacky ideas-might lead the company astray. Page took over as CEO on Monday as fast-rising rivals and tougher regulators threaten Google's growth.

By Michael Liedtke

7 minute read

February 05, 2008 | Daily Report Online

SAN FRANCISCO AP - Microsoft Corp.'s proposed $42 billion purchase of Yahoo Inc. would establish the world's largest software maker as a "strong No. 2 competitor" against online search leader Google Inc., Microsoft CEO Steve Ballmer said Monday.Speaking to a group of analysts in New York, Ballmer said the acquisition of Yahoo would raise competition, rather than eliminate it, in the Web search and advertising market.

By MICHAEL LIEDTKE

5 minute read

October 10, 2011 | Daily Report Online

In the end, Steve Jobs left the world to his own devices.As macabre as it might seem, Jobs' death Wednesday will only add to the Apple mystique-and profit. The iPhone, iPad, iPod and Mac will, no doubt, get a sales boost as consumers pay the ultimate tribute to one of America's creative geniuses.That could be especially true for the latest iPhone, scheduled to go on sale Oct.

By Jordan Robertson and Michael Liedtke

5 minute read

March 28, 2011 | Daily Report Online

By Michael Liedtke

8 minute read