Yahoo on Thursday announced it has appointed longtime General Electric veteran Tim Morse as its new chief financial officer.
Search engine wars are heating up.
Taking a different approach to Google's Latitude software, Yahoo has released a Facebook application called Friends on Fire that lets people share their location with each other.
At her age, Melissa Daniels can't conceive of life without the Internet. One of her most vivid childhood memories is of agonizing about choosing her AOL screen name, at the age of 8 (she settled on mndkid, using her initials). So when a manager at Yahoo offered her a position as a community manager in May 2008, Daniels leaped at the chance. Little matter that the company was already in turmoil, having just rejected a takeover bid from Microsoft. It was the kind of job you don't turn down, the modern-day equivalent of one at 1960s General Electric. "It's always an honor to be asked to work for a company like that," she says. "It definitely sweetened the deal."
It's not just CEOs and White House staffers who won't be seeing anything more in their paychecks this year.
"I didn't come here to sell the company." That was the answer Carol Bartz gave at her first earnings presentation since being installed two weeks ago as Yahoo CEO. "I am here because I see a tremendous collection of assets, and because I want to help make Yahoo stronger." But when addressing the question whether she would sell the Internet company's search business, Bartz did not offer the same emphatic, "no."
Yahoo Inc. reported a fourth-quarter net loss Tuesday, but the Internet search engine's earnings, after adjusting for certain one-time charges, beat analysts' expectations.
In another sign that the recession is hurting the technology sector, Internet search engine Yahoo Inc. said Thursday that it will forgo annual salary increases this year as part of a cost-cutting plan.
Christina Stansbury's fiance is headed to Las Vegas with his best man for a bachelor party. Or are they? When they get to the airport, it turns out their airline has stopped flying to Sin City, and now their online agency is balking at a refund. Can this trip be saved?
Yahoo Music fans are used to turning on its radio service to hear rock bands like Fall Out Boy and My Chemical Romance. Those who bother to do so, anyway - as of October the company's LAUNCHcast radio site had lost 43% of its monthly listeners compared to the same month last year, according to comScore.
Yahoo on Thursday announced it has appointed longtime General Electric veteran Tim Morse as its new chief financial officer.
Search engine wars are heating up.
Taking a different approach to Google's Latitude software, Yahoo has released a Facebook application called Friends on Fire that lets people share their location with each other.
At her age, Melissa Daniels can't conceive of life without the Internet. One of her most vivid childhood memories is of agonizing about choosing her AOL screen name, at the age of 8 (she settled on mndkid, using her initials). So when a manager at Yahoo offered her a position as a community manager in May 2008, Daniels leaped at the chance. Little matter that the company was already in turmoil, having just rejected a takeover bid from Microsoft. It was the kind of job you don't turn down, the modern-day equivalent of one at 1960s General Electric. "It's always an honor to be asked to work for a company like that," she says. "It definitely sweetened the deal."
It's not just CEOs and White House staffers who won't be seeing anything more in their paychecks this year.
"I didn't come here to sell the company." That was the answer Carol Bartz gave at her first earnings presentation since being installed two weeks ago as Yahoo CEO. "I am here because I see a tremendous collection of assets, and because I want to help make Yahoo stronger." But when addressing the question whether she would sell the Internet company's search business, Bartz did not offer the same emphatic, "no."
Yahoo Inc. reported a fourth-quarter net loss Tuesday, but the Internet search engine's earnings, after adjusting for certain one-time charges, beat analysts' expectations.
In another sign that the recession is hurting the technology sector, Internet search engine Yahoo Inc. said Thursday that it will forgo annual salary increases this year as part of a cost-cutting plan.
Christina Stansbury's fiance is headed to Las Vegas with his best man for a bachelor party. Or are they? When they get to the airport, it turns out their airline has stopped flying to Sin City, and now their online agency is balking at a refund. Can this trip be saved?
Yahoo Music fans are used to turning on its radio service to hear rock bands like Fall Out Boy and My Chemical Romance. Those who bother to do so, anyway - as of October the company's LAUNCHcast radio site had lost 43% of its monthly listeners compared to the same month last year, according to comScore.
Google Inc. and Yahoo Inc. have reportedly submitted a list of concessions that would deflate their proposed Internet advertising partnership to appease antitrust regulators threatening to block the alliance.
Here's why you should buy, not bail, on Yahoo.
Yahoo Inc.'s leaders still have jobs despite investor misgivings about their decision making, but at least 1,500 workers will be shown the door after the slumping Internet company's profits tumbled yet again in the third quarter
Yahoo announced Tuesday that it plans to cut at least 10% of its workforce, or more than 1,500 employees, in the fourth quarter in an effort reduce costs.
Yahoo chief executive Jerry Yang will have a lot of explaining to do when the company he founded reports earnings after the closing bell Tuesday. Yahoo will announce its long-expected plans for major layoffs, but Wall Street investors say cutting costs is hardly enough to fix Yahoo's mountain of problems.
The Internet portal Yahoo Inc. is weighing additional layoffs as it mulls cost-cutting measures, according to a published report Monday.
No tech company that relies on web-based advertising is immune to the global credit crisis, but few are as exposed to the economic meltdown as Yahoo.
Yahoo Inc. launched a much-anticipated upgrade to its online advertising system Wednesday as it tries to bring to graphical display ads some of the innovations that powered Google Inc.'s rapid rise in search marketing
At a glitzy press conference in New York on Wednesday, embattled Yahoo CEO Jerry Yang unveiled an ambitious new online advertising service that could be his last chance to preserve his company and keep his job.
Yahoo Inc.'s plans to boost its profits in an online advertising partnership with rival Google Inc. could be in crosshairs of the U.S. Justice Department, which has hired an antitrust litigator to review evidence for a possible legal challenge
Yahoo!'s new social-news site promises to prevent the obvious cheating that happens on sites like Digg and Reddit
Yahoo Inc. will let its Web visitors decline ads targeted to their browsing habits, becoming the latest Internet company to break from a common industry practice as Congress steps up scrutiny of customized advertising and consumer privacy
With a cast of defiant board members, angry shareholders and a billionaire investor ready to make trouble, Yahoo's annual shareholder meeting Friday was once the hottest ticket in Silicon Valley.
Internet search engine Yahoo Inc. reported second-quarter results Tuesday that fell short of Wall Street's expectations as the company struggles with dwindling market share and softening economic conditions.
Stock futures climbed Monday morning as investors cheered better-than-expected earnings from Bank of America and the announcement of a deal between Yahoo and activist investor Carl Icahn.
Yahoo Inc. has rejected Microsoft's latest attempt to buy its online search operations in a "take or leave it" proposal that Yahoo said would have dismantled its Internet franchise
Having fallen so far behind Google Inc. that it became a takeover target, Yahoo Inc.
As Microsoft's bid for Yahoo! hits Month 6, Josh Quittner compares the takeover attempt to a classic Mongol siege
Microsoft Corp. threw its weight behind investor Carl Icahn's effort to oust Yahoo Inc.'s board next month, saying that a successful rebellion would encourage the software maker to renew its takeover bid for Yahoo or negotiate another deal
Remove Yahoo's board and Microsoft might be interested in a deal again, the software giant and Carl Icahn said Monday.
Unable to strike a deal on its own, Microsoft Corp. reportedly is hoping to snap up Yahoo's online search operations with the help of News Corp. and Time Warner Inc
Yahoo Inc.'s leaders defended online search leader Google Inc. as a more desirable partner than Microsoft Corp. in a Wednesday letter
Yahoo Inc.'s steadily sinking stock pulled out of its descent Tuesday on reports that the Internet pioneer is reconsidering its recent decision to fall into the arms of online search leader Google Inc. instead of Microsoft Corp
Yahoo Inc.'s management ranks are rapidly thinning as the Internet pioneer fends off a shareholder mutiny threatening to culminate in the firing of Chief Executive Jerry Yang
Yahoo Inc. is offering free e-mail accounts under two new designations in an effort to attract Web surfers unhappy with their current addresses
A Delaware judge has denied a request to hold a trial that could have complicated Yahoo Inc.'s efforts to thwart a shareholder rebellion led by activist investor Carl Icahn
After months of negotiations with Microsoft, Yahoo has ditched the software giant for Google.
Search engine rivals Google and Yahoo! announced Thursday that they had reached an agreement under which Google would deliver ads next to some of Yahoo!'s search results and on some of its Web sites in the United States and Canada.
Yahoo has hired Internet search leader Google to sell some online ads in hopes of boosting its profit
Yahoo Inc. may have to defend its response to Microsoft Corp.'s takeover attempt in a trial that could sway the outcome of the Internet pioneer's August showdown with investor activist Carl Icahn
Hoping to negotiate a compromise, activist investor Carl Icahn urged Yahoo Inc. to declare it's willing to sell for $49.5 billion
Yahoo Inc. CEO Jerry Yang rejected the image of his company as "under siege" Wednesday, telling conference goers that executives are rallying to streamline Yahoo's offerings
Stock futures edged narrowly higher Thursday, as investors awaited the latest look at oil and fuel supplies and weighed mixed reports from two major retailers.
Yahoo Inc. on Thursday postponed a looming showdown for control of its board, giving itself more time to prepare a defense -- or negotiate a sale to Microsoft Corp. that would cause activist investor Carl Icahn to call off the mutiny
Stock futures fell early Tuesday, ahead of an inflation reading and a slew of earnings from retailers.
Way to go, Steve Ballmer. You sure showed Yahoo who's boss!
Stock futures drifted early Monday as investors weighed a new forecast of further weakness in the U.S. economy along with Microsoft's new approach to Yahoo.
U.S. stock futures edged lower early Monday as investors eyed a light economic calendar and focused their attention on Microsoft's new approach to Yahoo.
Yahoo Inc. is seeking to conceal large portions of a shareholder lawsuit alleging the Internet company's board improperly thwarted Micrsoft Corp.'s $47.5 billion takeover offer
Stocks rallied Thursday, with technology leading the way, as investors eyed the day's economic news, fluctuating oil prices and corporate deal-making activity.
The following is the text of a letter from Carl Icahn to Yahoo's board of directors, announcing he plans to launch a proxy fight:
Google Inc.'s top executives expressed hope Thursday that the Internet search leader will be able to form a potentially lucrative advertising partnership with Yahoo
SUNNYVALE, Calif. -- For many Yahoo employees, it was business as usual at the Internet company's Silicon Valley headquarters this week.
U.S. stock futures wavered early Tuesday as recent optimism about the economy was offset by record high crude prices.
Stocks slumped Monday as oil prices touched a record $120 a barrel, Microsoft abandoned its bid for Yahoo and analysts speculated that Bank of America could renegotiate or walk away from its deal to buy Countrywide Financial.
Microsoft is walking away from its offer to buy Yahoo...for now. But I don't believe for one second that the deal is dead for good.
Yahoo Inc. shares fell 19% early Monday after Microsoft Corp. withdrew its $46 billion bid to purchase the tarnished Internet portal.
Microsoft Corp.'s pursuit of Yahoo Inc. ended abruptly Saturday when the world's largest software maker withdrew a sweetened $46 billion offer and said it would not make a hostile bid for the Internet company.
U.S. stocks looked set to pull back Monday after the recent rally, with attention focused on Yahoo after Microsoft walked away from its takeover bid for the Internet firm.
Having raised eyebrows by successfully resisting Microsoft's advances, Yahoo still needs to boost its revenues. Here's how it may try
Microsoft will report on its $44.6 billion attempt to take over Yahoo "in a very short order," CEO Steve Ballmer said during a scheduled town hall meeting with employees Thursday, according to a transcript obtained by a financial blog.
A federal court on Wednesday established a formula for determining the Internet royalties owed to thousands of music composers, writers and publishers by three major online services
No news isn't always good news. Four days have passed since the expiration of Microsoft's deadline for Yahoo to accept its buyout offer or face a hostile takeover.
Stocks futures were range bound early Wednesday as investors awaited a rate decision from the Federal Reserve and more corporate earnings.
Stocks futures edged higher early Monday, lifted by a possible $22 billion deal for chewing gum giant Wrigleys, but investors were cautious ahead of this week's Federal Reserve meeting.
Stock futures rose early Wednesday, lifted by solid profit and revenue gains at Yahoo.
Internet search giant Yahoo Inc. announced first-quarter sales and profits Tuesday that topped analysts' estimates but it remains unclear if that will be enough to force Microsoft to raise its takeover bid.
The race for the Democratic presidential nomination isn't the only thing that's getting nastier these days. Check out what's happening in Corporate America: Hostile takeover bids abound.
Stocks were poised to struggle at Monday's open, as investors braced for another batch of corporate earnings.
Jason Bazinet, a media analyst with Citigroup Global Markets, put it nicely in a research note Thursday: "Who, after all, wants to compete as a sub-scale player - with a less than complete set of Internet assets - in a world dominated by Google and Microhoo?"
Microsoft, AOL, News Corp. -- it seems everyone is maneuvering for a slice of Yahoo. Here's a look at five possible outcomes
With all the hullabaloo about who is wooing Yahoo, it's easy to forget an undeniable fact: Google is still the best way to cash in on the growth of online advertising.
Reports of new players entering into deal talks with Yahoo and raised earnings guidance from two Dow components were not enough to lift the outlook for U.S. stocks in the early going.
Bonds came off their lows Monday afternoon as investors bought back Treasurys on a weaker-than-expected consumer borrowing report.
For the second time in two months, Yahoo has rejected Microsoft's $42 billion offer. But in a rejection letter sent to Microsoft chief Steve Ballmer Monday, Yahoo said it was not opposed to a deal. Yahoo effectively stood its ground on price, pointing to the strength of its business as recently presented in its three-year outlook and calling itself undervalued by Microsoft.
Markets were pointing higher as investors weigh reports of several major corporate deals in the works and awaited the start of earnings season.
Yahoo Inc. on Monday launched a site for women between ages 25 and 54, calling it a key demographic underserved by current Yahoo properties
One takeaway from Microsoft's hostile takeover run at Yahoo is that there is suddenly a market place to shop Web businesses around. For some players looking to finally turn their prized Internet units into real cash, now isn't a bad time to be looking.
News Corp. and Yahoo are in talks about combining MySpace and other News Corp.-owned online properties, according to a report in The Wall Street Journal Wednesday.
Stocks rallied Monday, with tech, retail and commodity shares sparking a broader advance as investors set aside worries about AIG's financials and Yahoo's rejection of Microsoft's proposed takeover.
Stocks rallied Monday, with tech, retail and commodity shares sparking a broader advance as investors set aside worries about AIG's financials and Yahoo's rejection of Microsoft's proposed takeover.
Stocks were mixed at the start of trading Monday as investors responded to Yahoo's rejection of Microsoft's takeover bid.
Yahoo Inc. has formally rejected Microsoft Corp.'s $44.6 billion takeover bid as inadequate
U.S. stock futures made modest gains Monday as investors weighed speculation of about a number of major corporate deals.
Yahoo plans to reject Microsoft's $44.6 billion takeover bid, the Wall Street Journal reported Saturday, citing a person familiar with the situation.
New recession fears because of unexpected weakness in the U.S. service sector sent stock futures sharply lower just ahead of the market open Tuesday.
A Microsoft-Yahoo ticket would significantly increase the Redmond, Wash.-based company's share of the online advertising you see on your PC. But it could also ramp up its presence on the smaller screen.
Most of the analysis of Microsoft's $45 billion hostile offer for Yahoo has focused on technology and the role Yahoo could play in the Microsoft-Google wars. Today, though, let's look at what almost everyone has overlooked: the numbers. More specifically, we'll look at the way that one of Wall Street's biggest hitters, Joe Rosenberg, looks at the proposed deal.
Stocks pulled back early Monday after last week's big rally, amid analyst downgrades of the financial sector and ongoing concerns about the strength of the economy.
U.S. stocks leaned lower at the start of trading Monday as investors considered the weakened economy and a possible battle over Yahoo.
Struggling Internet giant Yahoo is not ready to sell itself to Microsoft just yet - at least that's what Yahoo's chief executive Jerry Yang told his employees Friday.
U.S. stock futures were little changed Monday after the previous session's rally as investors waited to see how Microsoft efforts to buy Yahoo develop and looked ahead to a batch of economic reports due out this week.
News that Microsoft was making a $44.6 billion bid to buy Yahoo was greeted with skepticism by many CNN.com users on Friday.
Stocks rallied Friday, starting off the new month on the right foot, as investors welcomed Microsoft's bid for Yahoo and more talk of a bailout for the troubled bond insurer sector.
Get ready for merger mania 2008!
With Google's stock already down considerably in recent weeks, the Web's next two most powerful players today struck a powerful blow for equality and influence in the increasingly-important Web ecosystem.
Stocks opened just a little higher Friday as investors tried to make sense of three major news stories: a drop in employment, Microsoft's bid for Yahoo and Exxon Mobil's record profit.
U.S. stock futures pared earlier gains Friday after the government announced a surprise decline in employment and payrolls.
Microsoft Corp. is making an unsolicited $44.6 billion offer for Yahoo Inc., in a move to boost its competitive edge against Google Inc. in the online services market
Uh-oh. The Federal Reserve's decision at 2:15 p.m. just got a little tougher.
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