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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| December 01, 2004 | COPYRIGHT 2004 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

INTERNET

Google share buyback to begin

The Web search firm will buy back 23.4 mil common shares it may have issued improperly to previous and current employees and consultants; the share transactions may not have been registered as required by law. The offer, which expires on Dec. 30, sets the price at $3.94 a share and extends to unexercised options to buy 5.2 mil shares. Google expects little acceptance of the offer. Shares rose 0.5% to 181.98.

Priceline cuts airline over dispute

The online travel agency, which operates the Web sites Travelweb.com, Activereservations.com, Lowestfare.com, RentalCars.com and BreezeNet.com, is dropping Northwest Airlines due to a disagreement. Priceline.com said in an SEC filing that it thinks ticket sales will be made up by other airlines. Priceline fell 0.5% to 23.87; Northwest rose 0.5% to 10.24.

TECHNOLOGY

PC makers expected to drop out

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