THE BROWSER: Truth and rumors from the tech world
Does Yahoo dig Digg?
Internet portal may bid for another hot Web startup. Plus: Traffic.com's IPO, Google censorship, and Nintendo's answer to the Sony PSP.


SAN FRANCISCO (Business 2.0) - There seems to be a pattern here: Website's traffic takes off, Yahoo buys website. Yahoo's rumored acquisition of Digg, a popular news website where readers rate articles, would, if if happens, make it the fourth social-media startup the Internet portal has acquired in less than a year in an effort to compete with Google. Digg co-founder Kevin Rose's non-denial denial : "We are focused on features, not selling the company."

Unprofitable? Great, let's go public!!

Traffic.com, which provides data on highway conditions to broadcasters and others, has never made a dime the old-fashioned way, but it still managed to raise $78.6 million by going public Wednesday. Like Google before it, Traffic.com used a Dutch auction to price its shares at $12. The offering lacked much first-day IPO pop, with shares up only 15 cents, but that's an expected result of the auction process, in which investors name their price and the number of shares they want to buy. And what did investors get for their $12 a share? A company that lost $36.5 million on $32 million in sales in the first nine months of 2005. Clearfish Research rates them "between a Blah and a Dog." Now that's an interesting stock-rating system.

Nintendo DS Lite out in March

Take that, Sony PlayStation Portable! Nintendo will introduce a new version of its handheld gaming system, the DS Lite, in Japan on March 2. The new model is iPod white, 20 percent lighter, and a third smaller, but keeps the DS's two-screen design.

Google censured for censorship

Back in 2004, blogger Philipp Lenssen points out, Google employees claimed that "Google remains the only major search engine that does not censor any web pages." With the launch of Google.cn, Google's China-specific search engine, that's no longer the case, Lenssen argues, since Google has admitted to removing search results from its Chinese version. Top of page

YOUR E-MAIL ALERTS
Follow the news that matters to you. Create your own alert to be notified on topics you're interested in.

Or, visit Popular Alerts for suggestions.
Manage alerts | What is this?

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.