The first major sporting event to be broadcast live on YouTube was the 2010 Indian Premier League. All 60 cricket matches were free for the world to watch.
In 2008, Microsoft made a move to buy Yahoo! for more than $40 billion. Jerry Yang, the co-founder, quickly rejected the offer stating that it "substantially undervalues" Yahoo! and is not in the interest of its shareholders. As of 2014, the company's revenue was down to $5 billion. [more...]