Gasta News: Yell Rollout

Yell.com adds more local content while BBC plans set back
Yell is rolling out a series of ultra-local sub-sites featuring town and city information as part of a move to ramp up content across its website.
The classified listings specialist is hiring journalists to create content, including advice on things to think about when hiring a serviceperson as well as quick facts about towns across the UK.
Yell is also considering including local news and event information, if the trial is successful. It plans to use the content to boost its position as a key destination for local services and information online, as well as its search rankings.
Its push comes in the week that local news services were thrust into the spotlight following the BBC Trust's decision to refuse permission for the BBC's planned rollout of local video sites (nma.co.uk 21 November).
The Trust halted plans to spend £68m of licence fee funds on local video, deeming it unjustified.
The proposed move was highly criticised by competitor commercial news providers, such as Northcliffe Media, which owns 151 sites under the Thisis brand. It said it would be unable to compete with such investment by the BBC.
Johnston Press claimed the BBC's Where I Live sites had already damaged its local sites, and Trinity Mirror accused the Corporation of losing sight of its purpose.
The rejection of the plans by the BBC Trust has received a cautious welcome by commercial rivals, with many concerned the setback won't keep the BBC away from local services for long.
Sam McIlveen, digital publisher at Independent News and Media, said, "I don't think this is the end of it. We're still worried because these plans were hugely disadvantageous for local media. Local sites can't compete with the BBC, especially when it's willing to spend £68m."
The Newspaper Society's director David Newell also expressed concern at the BBC not giving up on the area. "We must be on guard to ensure the BBC isn't allowed to expand its local services by other means," he said.
Sir Michael Lyons, chairman of the BBC Trust, said that while consumers want better local services, video sites were unlikely to meet their needs.
Regulator Ofcom said the plans would have a significant negative impact on commercial providers.
Author: By Will Cooper & Luan Goldie | Source: nma.co.uk | Published: 26.11.08

Gasta search convergence

The Register reports that Microsoft is to acquire Norwegian business search engine company Fast Search and Transfer for 6.6bn kroner ($1.23bn)

The software giant said it would pay 19 Norwegian kroner a share for the Oslo-based firm, which represents a 42 per cent premium to the closing share price on 4 January, the day before Microsoft stepped in with its bid.

Fast's board of directors and nearly half of its shareholders have already voted in favour of the buy-out and urged its remaining shareholders to accept Redmond's hefty offer.

In recent months Microsoft has beefed up its Web 2.0 intentions by investing in a number of data centres inside and outside the US as it clambers for a larger chunk of the search engine pie.

The Fast deal, which should be completed in the second quarter of 2008 subject to the usual regulatory approvals, will give the firm tailored internet search functions for corporate customers that include the likes of United Parcel Services and Deutsche Telekom AG.

Publicly-listed Fast said it welcomed the arrival of the Bill Gates jamboree, perhaps unsurprising given that in its last set of results the firm reported a third-quarter loss of $100m.