Tag archive: Yahoo!

Flickr is Yahoo’s saving grace. Amidst the site’s myriad of problems and ill-defined purpose, the photo-sharing platform has been a beacon of hope, with its dedicated users and razor-sharp focus. Which is why Flickr subscribers are concerned about Yahoo’s direction for the site. Former Flickr employee Nolan Caudill says the site will be cutting a crucial portion of its customer support team. “For reasons I don’t know, Yahoo laid off the highest… Read More

The industry is keeping a close eye on Yahoo as new CEO Scott Thompson comes up to speed and the company maybe looks to radically change its business structure now that co-founder Jerry Yang has left the building. And one of the first changes the company appears to be making is putting more effort on its mobile offerings—and, counterintuitively, the company is killing off ten of its existing mobile apps to make way for new things.… Read More

Although many earnings announcements may have been lost in the wake of Apple's $46.3 billion quarter, struggling Internet giant Yahoo also posted its earnings for the quarter ended December 31, 2011—and they weren't nearly so rosey. The good news is that Yahoo managed to earn some $312 million during the quarter; the bad news is that figure is a five percent decrease from the same period in 2010. Although income from operations… Read More

Yahoo has announced that Jerry Yang has resigned from his position with the Board of Directions, as well as with the boards of Yahoo Japan and Alibaba. “My time at Yahoo, from its founding to the present, has encompassed some of the most exciting and rewarding experiences of my life. However the time has come for me to pursue other interests outside of Yahoo. As I leave the company I co-founded nearly 17 years ago, I am enthusiastic about the… Read More

Microsoft’s Bing has for the first time taken the number two spot from Yahoo in the battle for search engine traffic in the US. Of course, Google is still way ahead of the pack and looks unlikely to be caught any time soon, according to data released by research firm comScore on Wednesday. Data collected by comScore for web searches made last month shows Bing and other Microsoft sites accounted for 15.1 percent of all Internet searches, with… Read More

Yahoo has announced that it has named PayPal chief Scott Thompson as its new Chief Executive Officer, effective January 9, at which point interim CEO Tim Morse will return to his previous duties as Chief Financial Officer. Thompson has served as the president of eBay's PayPal division since January 2008; before that, he was a PayPal senior vice president and chief technology officer. In addition to the Yahoo CEO job, he'll also get… Read More

China's Alibaba Group has hired the high-power Washington D.C. lobbying firm Duberstein Group Inc., in a sign that the company is planning something that will require significant smoothing and persuasion in the U.S. capital. Industry speculation is centering on Alibaba maneuvering to buy back or reduce Yahoo's stake in its company—or, if that fails, trying to take over Yahoo outright. The Alibaba Group is one of… Read More

The Wall Street Journal reports (subscription required) that Yahoo's board of directors is exploring a plan that would have the struggling Internet company raise cash by selling off its coveted Asian assets in a deal that could total up to $17 or $18 billion. According to the story, the complex plan would have Yahoo selling its entire stake in Yahoo Japan to Japan's Softbank, and selling the a large chunk of its stake in… Read More

It turns out that Mozilla calling their renewed deal with Google a “significant and mutually beneficial revenue agreement” was a bit of an understatement. According to a report from AllThingsD, it's worth $300 million a year. The deal was announced on Tuesday, and followed a degree of agonizing as to whether Google would retain their spot as the Firefox browser's search engine of choice. It has now transpired that… Read More

According to a recent study conducted by OnlineColleges.net, six out of ten students won't consider a college unless the education institution provides access to “free” Wi-Fi services on campus. While any development and maintenance costs of a campus-wide Wi-Fi network is ultimately billed to the students through tuition costs, colleges that are behind the curve on providing Wi-Fi infrastructure may be negatively impacted by… Read More

Microsoft launched its Bing search engine back in mid-2009 with a goal of taking on Google in the lucrative Internet search market—or, at least, the lucrative search advertising market. Although Google has yet to see much of a threat from Bing, Microsoft's search engine is on the verge of marking a major milestone: according to Comscore, Bing is just about even with Yahoo in terms of its share of the U.S. search market. During November… Read More

Yahoo was awarded $610 million by a federal district court judge in New York earlier this week in a judgment against spammers who operated a fake Yahoo lottery email scheme. The scheme involved sending emails to people telling them they’d hit the jackpot in a lottery supposedly run by Yahoo. Though the defendants in the case were not named, AP reports that the original lawsuit, which was filed three years ago, alleged that a group of Nigerian… Read More

The Facebook Open Graph has yet to fully launch and already we’re witnessing its effects. Last month, we revealed that there were a few early winners emerging, chief among them being Spotify. But music sites haven’t been the only application to profit from Facebook’s new sharing tool, and news is also getting a significant boost. “Media companies have long been early adopters of Facebook Platform tools, including the Like button, Facebook Login,… Read More

The maneuvering to take control of Yahoo is now underway: according to Bloomberg, private equity firm Silver Lake Partners, in conjunction with Microsoft, the Canada Pension Plan Investment Board, and venture capital firm Andreesson Horowitz have reportedly made a bid to acquire as much as 15 percent of Yahoo for some $16.60 a share, a value about 6 percent higher than Yahoo's stock price at the close of markets on Tuesday. In all, the… Read More

Announced earlier today out of Nevada, Judge Kent Dawson ordered that luxury goods designer Chanel now has the legal right to seize domain names of over 700 sites that are attempting to sell counterfeit Chanel products. These domain names can be taken over by Chanel and transferred to domain registrar GoDaddy. All pages would then be redirected to an online notice of the seizure.  The federal judge also ordered that all search engines and… Read More