Another billionaire (Paul Allen) wants to own space travel… what’s up with that? Is it a “thing” among billionaires, now?
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Paul Allen to build behemoth plane for space launches:
The Microsoft co-founder’s Stratolaunch Systems plans to use the giant six-engine jet as a rocket launcher for satellites, cargo and tourists.
Allen, 58, wants to see the first flight within five years and declined to say how much the venture will cost, but he made clear that the program needs to move quickly now that NASA’s fleet of space shuttles has been retired.
Yahoo Enters a New Phase of Sale Negotiations: After speculation of a Microsoft-Yahoo alliance for perhaps the clunkiest tech merger possible, it looks like Microsoft will indeed submit a bid, but not for a full stake in the company. After signing a non-disclosure act last week, as we noted, this week Microsoft put in a bid. Microsoft will help finance Silver Lake’s consortium for a minority 20 percent stake in the company. That groups would also possibly include venture capital firm Andreessen Horowitz, making the deal more interesting because venture capital Marc Andreeseen, friend of Yahoo co-founder Jerry Yang might have a stake in the company, points out All Things D’s Kara Swisher.
Microsoft Buys VideoSurf - Video Search Engine For $100 Million: Microsoft said it will initially integrate VideoSurf’s technology into its Xbox Live service, so members can search through video content stored on the gaming and entertainment service.
Google Inc. is exploring an acquisition of Yahoo Inc.’s core business. Any deal involving Google could also bring other opportunities, such as bringing Google’s social networking service Google+ to Yahoo’s audience of nearly 700 million unique visitors a month. This sounds like an anti trust nightmare! A few weeks ago, China’s Alibaba also expressed an interest in owning Yahoo. Microsoft is said to be exploring buying Yahoo too.