
Share and share alike...
By Jo Best
Published: 1 February 2006 12:00 GMT
Google has emphatically denied the suggestion that it is looking to buy music-pirate-turned-legit-song-shop Napster.
The rumour first started circulating following a report in the New York Post which said Google was readying its chequebook for a takeover, or preparing to announce a union between the two.
The report came hot on the heels of earlier suggestions, denied by Napster, that the company was preparing management layoffs and was facing up to possible liquidation, after struggling to steal market share from the iTunes behemoth.
A Google spokeswoman said talks of a possible combination between the search giant and Napster were "a complete rumour".
She said: "We have no plans to acquire Napster, nor do we have plans to develop a music store at this time."
Whispers of a tie-up initially sent Napster stock skywards. Since Google first made it clear it wasn't interested in a takeover, however, Napster's share price has started to dip, although it currently stands around 25 per cent up on yesterday's closing price.
Google's stock, meanwhile, fell initially following news of a profits miss, although its stock price has since returned to its approximate value before the announcement.
Ideally you will be a Google Adwords professional. Google Adwords * Yahoo Search experience * PPC * MS Excel * MS Word * MS PowerPoint * ...
They are widely recognized as innovators within the market and were the first company to deliver phone trainers, full length Music Player downloads, ...
from home cinemas, to whole house music systems, to home security and lighting systems ? Stock Control - ensuring the installation team has a regular ...
Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.
Stories from the web...
Copyright © 2008 CBS Interactive Limited. All rights reserved. Top of page
Peter Cochrane Peter Cochrane's Blog: Facebook saves teen from prison Another unexpected impact of social networking
Natasha Lomas Exclusive: Jimmy Wales on what's next for Wikipedia Why Wikipedia needs geeks and why a life unplugged is unthinkable