Major Internet Hubs See Lesser Influence

[HardOCP News]

While most of the industry giants realize that the major internet portals have less influence on internet users, I don’t think the trend of “buying everything else” is actually working.

As people increasingly turn to blogs, social-networking sites and other sources of user-generated media, Google Inc., Yahoo Inc., Microsoft Corp. and Time Warner Inc.'s AOL have spent more than $10 billion collectively this year to acquire companies and technologies that help extend their online advertising networks.