![]() ![]() Initial steps taken were new procedure laws with new decrees insisting (with uncertain effectiveness) that courts follow prescribed rules in their operation - and making the courts, always ambivalent about the role of lawyers, friendlier to the legal profession. Saudi kings devoted considerable attention in the first decade of the 21st century to remaking the judicial order. Why is codification of law seen as such a dramatic step in Saudi Arabia? And why does the king seem incapable of making it happen? Since that date, however, his order has been neither challenged nor implemented. After European and American authorities cleared the deal, Ballmer described the Yahoo partnership as an “exciting milestone” that would “promote more choice, better value, and greater innovation to our customers as well as to advertisers and publishers.In 20 Saudi King Abdullah capped a decade of legal and judicial reforms in his country by reorganizing the judiciary and ordering that Saudi Arabia follow the step that virtually all other states in the region did long ago by codifying its laws - committing to paper a comprehensive compendium of the operative laws in the kingdom. Microsoft was optimistic that its new products and partnerships could turn into a rival to Google. Just a year after the acquisition, Microsoft attempted to buy Yahoo! outright for $44.6 billion of cash and stock, and the following year it launched its own search engine, Bing, and entered into a partnership with Yahoo to provide Bing search technology to the troubled Internet giant. The all-cash acquisition of aQuantive was one of several big moves Microsoft made into search and online advertising. Since then, the company’s expansion efforts have led to nothing but year after year of losses, despite the flurry of activity and investment, as well as frequent promises of future positive returns from Microsoft CEO Steve Ballmer. The last year that online services turned an operating profit for Microsoft was 2005. Microsoft’s announcement was not the first indication that its online services division, which includes the search engine Bing, the online portal MSN, and its display-advertising business, was a drag on the company’s otherwise solid core business. ![]() The original price for aQuantive? $6.3 billion.Īlthough Microsoft has given no signal it plans to cease investment and activity in search and advertising, Tuesday’s results are a sobering reminder for the software giant that despite years of mergers, partnerships, and product development, Google is still dominating online advertising and search. On Monday, Microsoft announced a $6.2 billion writedown in its online services division, the result of the acquisition’s failure to expand the company’s online advertising business. ![]() A month later, Microsoft, looking to challenge Google’s aggressive move into display advertising, announced the purchase of another online advertising company, aQuantive, at a generous premium over its share price and well over the $3.1 billion Google paid for DoubleClick. In April 2007, Google purchased the online advertising company DoubleClick.
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