EXCLUSIVE: Radio Rentals is set to take a massive gamble late this year when they quite retail stores for a 100% online sales operation. The move which mirrors the move made by UK retailer Dixons 18 months ago is set to be a bold experiment in the power of the web over traditional bicks and mortar retail.
As tipped by ChannelNews and CDN last week Microsoft has pulled the plug on their bid to buy Yahoo. Microsoft has officially confirmed that it has withdrawn its bid to acquire Yahoo after the two sides couldn't agree on a price. Microsoft said it had increased its offer to $33 a share, but said Yahoo wanted at least $37 a share.