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latest news & developmentsSlumping Yahoo! to shed hundreds of jobs
Battered by slow revenue growth and the popularity of social-networking websites, Yahoo! is poised to lay off hundreds of workers, according to published reports. The New York…
Yahoo! buys rest of Right Media
Yahoo! said on Monday it is buying the remaining 80% interest in online advertising exchange Right Media that it does not already own for approximately -million. Yahoo! said…
Yahoo! to share online ads with newspaper groups
Yahoo! will work with seven United States newspaper groups to share online advertising in a deal that could help newspapers tap into the lucrative online ad market. A total of…
Yahoo! chairperson’s salary cut to $1 a year
Yahoo! says chairperson Terry Semel’s annual salary will be reduced to until 2008 in exchange for millions of company stock options that will give its chief executive an…
Yahoo profits surge sixfold to $775m
Internet giant Yahoo said on Tuesday its second-quarter profit grew sixfold from a year ago to -million, lifted by increased sales across a broad range of services and a one-time…