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900 million for MySpace honors On Monday, MySpace parent company Fox Interactive Media said it had entered into a pact with Google that spans three years and nine months and gives the search giant exclusive rights to provide Web search results and sponsored links across MySpace. FoxSports, which is aligned with Microsoft s MSN, is not part of the deal.Under the terms of the agreement, which will begin in the fourth quarter, Google must guarantee Fox Interactive minimum payments of $900 million over three years, as long as Fox meets nike air max 2013 womens certain traffic and other commitments.The deal is a blow to Yahoo given that MySpace s advertising results have long been served up by Yahoo s search division. The agreement also ends a months long hunt by MySpace for a new partner, a quest driven by growing demand among its members for Web search.On an investor nike free run 2 mens conference call Monday, News Corp. President Peter Chernin characterized the deal as the first of many with Google and said that when MySpace members leave the site they typically jump to the search powerhouse. By integrating Google s technology, search will be seamless for MySpace members, he said."Ultimately, in the totality of the deal, Google was the preferred supplier," Chernin said, referring to a highly competitive bid for the business that included Yahoo and all the top tier search providers.Google CEO Eric Schmidt said his company was eager for the chance to team up with MySpace because of the social network s trajectory over the last year. In July, MySpace became the No. 1 ranked Web site in the United States based on number of visits, above the numbers of Yahoo Mail, according to research firm Hitwise."When we looked at what was growing on the Web, all our internal metrics pointed to Fox Interactive," Schmidt said on the conference call announcing what the executives called a quick but complicated deal."It s important to move Google to where users are, and that is where user generated content is," Schmidt added.Quick start for Fox InteractiveThe pact could be lucrative for both companies, but it s especially key for Fox. News Corp. formed Fox Interactive 10 months ago following the $580 million acquisition of MySpace; and since that time, many investors and executives nike air dt max 96 have questioned whether the social network could turn a profit from its thriving free community. Search related advertising, a business worth as much as $8 billion annually, is a step in that direction.For Google, the deal secures an important source of traffic and ad revenue, giving it added exposure to a thriving young audience of millions on MySpace. Roughly 100 nike flyknit free million MySpace members will be accessing Google s search tool from the network. That could also calm any fears the search giant might have had about an expanding and unwieldy force on the Internet social networks which could have proved a larger threat to the company without such an agreement.Considering Yahoo s somewhat nike free run 5.0 women incumbent position within MySpace, they likely decided to walk away from an unprofitable deal. MySpace claims it will be receiving the majority of the rev share arrangement (see Tech Crunch blog post). Google really had nothing to loose, since they don t have a competing social network to speak off and Yahoo does. For these reasons, Google is the perfect partner for MySpace. Some of the terms of the agreement that have come out so far seem to suggest this deal could be quite one sided. Google may have been thinking defensive strategy here.
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92 wildfires rage in Ontario The heat nike air max kids wave roasting Ontario is also proving a hazard to forests in the province s northwest there are 92 fires burning in the region, and the number of fires is increasing daily. On Saturday there were 13 new fires, a "daily trend that is expected to continue," the province s Ministry of Natural Resources said Sunday. As the fires continue to rage, First Nations communities in the region remain on alert, ready to evacuate if necessary. On Sunday, some of the nearly 200 residents of the community of Keewaywin began to move out. The air max 90 infrared fires are concentrated in the northwestern portion of the province, but there are isolated fires in the northernmost parts of the province, Sault Ste. Marie and south of North nike free trainer 7.0 Bay. There is an extreme risk of fire in the southwestern tip of the province and in the eastern nike free run womens sale part of the province south of Ottawa, as well as in the northwestern part of the province along nike free run all black the Manitoba border. The fire risk in the rest of the province ranges from moderate to high.
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