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    CHAVEZ THREATENS BANK NATIONALIZATION
    May 3, 2007 - Venezuela

    Venezuelan president, Hugo Chavez, threatened to nationalize the country's banking industry. Chavez declared that unless the banks concentrate on the "national interest" they will be nationalized. Chavez also threatened to nationalize the nation's largest steel producer unless they provide cheaper goods. These threats came after his somewhat successful nationalization of the Venezuelan media, electric, and oil industries.

    SOMALI PIRATES SENTENCED TO JAIL
    May 3, 2011 - Spain

    Two Somali pirates convicted of hijacking a boat in 2009 were sentenced to four hundred and thirty-nine years each of prison time. The two men had held a tuna fishing boat hostage, detaining thirty-six crew members for nearly fifty days. Despite the lengthy sentence that was handed down, the hijackers will only have to serve a maximum of thirty years in prison due to Spanish laws.

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The rumors carried way more hype about the Yahoo MSN merger than the actual deal. Since a long time it was always too close to the final step, but now when it is finally happening, all the baubles of gossip just vanished!!!

ARTICLE CONTENT :

The rumors carried way more hype about the Yahoo MSN merger than the actual deal. Since a long time it was always too close to the final step, but now when it is finally happening, all the baubles of gossip just vanished!!! Pooof! Yahoo now finally must take significant steps to improve on it?s content to stay in the league. Also it can use some help to look good on Google as probably it is where now Yahoo would be searched more!

We were always wishing that somehow, through some sort of miracle, Yahoo could pull it through. Yahoo has done great until recently. It has been pretty good with information and has always got something good for the people using it for search purposes. But since last year when they started making drastic changes in their algorithms, it has seriously gone down from the favorites list of many. But with the two- i.e. Yahoo and MSN combining, they seriously need to look into the MSN/Bing algorithm. They might be able to earn bucks from their display media, but they cannot count for long on searchers if they do not do anything about the algorithm problem. They would only lose significant searchers to the already more popular Google.

There is a strong possibility that with the merger there might finally be someone who could challenge the monopoly of Google. But there are also views on the contrary. With Google grabbing the market share, Yahoo was pushed away to the number two and MSN was lingering somewhere on a number three. The merger now limits the number of major search engines to two. This might be good for some and not so good for others. For a consumer it might not be such a great news as now they are restricted to only two search engines. Where earlier one had a possibility to find relevant search results at three places, now they would have only two. Nonetheless a great news for capitalists! On the brighter side, the number three slot is now vacant for a potential competitor. Seeing that one fill could be a stimulating experience.

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    How all this happens and what it repercussions are, is yet to be seen. For now we can only pray for an ailing Yahoo to get well soon!!! For more information about us, visit our site.

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