Google is intended to buy Valve - a game developer. Valve develops a universal platform for content management, called Steam, which is the subject of interest of the search giant.

According to analysts, the acquisition would enable Google to develop a new service that will be a combination of social networking, gaming and significantly enhance the ability of advertisers, providing new platforms for advertising.

Liberty Media Corp is ready to discuss with Time Warner Inc the details of purchase of one part of AOL, dial-up provider AOL ISP. According to the company's head, John Malone, Liberty Capital, which is a shareholder of Time Warner, is very interested in buying profitable companies, but today is experiencing a deficit of proposals.

As of May 2007, Liberty owned shares of Time Warner in the amount of $ 103 million, representing 2.8%. Then $ 68.5 million in shares was exchanged for a baseball team Atlanta Braves Major League and Time's property - Leisure Arts group.

According to Reuters

Google has reported the possible loss of investments in AOL. The report on the financial results of the second quarter, which was published by the Time Warner made a clear statement about the plight of the company. TW profit fell by 16%, which amounted to $ 230 million.

Google owns 5% of stocks in Time Warner, which were acquired to sustain an advertising partnership with AOL and exclusion of Microsoft. The amount of investments that Google invested in AOL in 2005 was equal to one billion of U.S. dollars, reported Associated Press

Google and Yahoo have revealed some details of the advertising deal made several months ago. As part of an antimonopoly proceedings, the companies told the supervisory bodies some details not related to the financial schemes of division of profits from advertising, says Reuters agency.

In the documents submitted to the consideration the companies emphasize that the transaction is not exclusive to the companies and all additional business opportunities are to remain for partners.

Also the documents state the possibility of joint development of instant messengers Yahoo Messenger and Google Talk.

According to the expectations of Yahoo, the cooperation with Google will bring from $ 250 million to $ 450 million per year after signing the contract.

AOL continues to reorganize its division to focus on Internet advertising. Next to the decision on the closure of several services, AOL transfers the advertising company Tacoda to the advertising department Platform-A, entitled Ad.com. The behavioral targeting technology proposed by Tacoda, is now being applied to the advertising product of Platform-A.

In addition, Platform-A offers mobile advertising to third parties. Third Screen Media, which is a partner of Platform-A, will provide access for mobile advertisers to multiple mobile Internet networks

The next AOL's step is the purchase of SocialThing, which allows to manage RSS of social networks. Earlier this year the company has bought a popular social network Bebo for $850 million.

According to Search Engine Watch