| Yahoo! Europe properties 'face axe'
Yahoo!'s European staff have been given a deadline to turn around parts of�the business that have been performing badly. Tony Coppel, the head of Yahoo!'s European�operations,�told the FT�that�some of�the firm's�regional properties may be sold off if there is no improvement in their�figures by Q1 2008. Services coming under scrutiny include shopping comparison site Kelkoo, the paper added. While�Yahoo! has a 14% share of the search market worldwide, it holds just 3% of the market�in Europe, according to comScore.�Also, just 42% of the European web population view its sites. Coppel, who took over the European leadership role in April.�said it aimed to fix this problem by providing more relevant content for European users, though it won't be producing more local content or adding�more staff.
Murugappa Group to invest in Singur for Tata small car project
The Rs 8,500 crore Murugappa Group would invest in Singur in West Bengal to make components for Tata Motors' Rs 1-lakh small car.
"We will invest Rs 150 crore for our auto OEM business in the next one year which includes a plan to invest at Singur to make door panels for the Tata small car project coming up there," Murugappa Group chairman M M Murugappan said.
The investment of close to Rs 25 crore would be made by group company Tube Investments India Ltd (TI India).
The company would make steel door panels for the small car as a component manufacturer.
TI India would begin construction work by mid-December for the project. The company has acquired six acre from the West Bengal Industrial Development Corporation on long term lease.
Ask the Expert: Cash flow is cornerstone of business
Title: Financial adviser.
Business: Smith Barney.
Credentials: A master�s degree in business administration. He is a vice president of the Barkley Business Association and is on the loan committee of the Bellingham-Whatcom Economic Development Council. He is a board member of the Latino Business Association and a member of the Lions Club.
Information: 788-7003, tony.branch@smithbarney.com. .
The Long Wait for Tailor-Made TV
"I Want My iTV," our Nov. 19 Cover Story, looked at what's stalling personalized TV--the ability to watch shows and pull content off the Web without leaving the couch. I expected readers to be split, with the over-30 crowd waiting, as I am, for the day when TV can manage it all. But many of you seem to be very comfortable viewing content on your computer monitors or rigging up your own version of iTV, using gizmos like Web-ready game consoles. A point we may have underplayed: With PC screens topping 30 inches and add-on TV tuners readily available, it has become much easier for some of you to take the TV set out of the equation altogether. I have refused to hook up any TV/satellite/cable provider. I just want a service that allows me to go online, select certain shows, and have those shows waiting for me on a DVR.
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