“It’s DAMN real!”
It’s finally happened. The long-rumored search deal between Microsoft and Yahoo has come to fruition.
Under the terms of the new 10-year agreement, Bing will now power Yahoo search, essentially creating a Google competitor that just last month reached a combined 28.4 percent of the search market share, according to comScore. Microsoft will also [...]
Continue reading " Microsoft Yahoo Deal: It’s Real, It’s DAMN Real! (Full Press Release) "
Sources indicate that a fresh round of 700 layoffs have begun over at Yahoo.
New CEO Carol Bartz had indicated this round of layoffs was coming. In fact, the actual number seems to be around 600 people affected.
Many of those who were laid off were informed during the day today. Others that were traveling received notice [...]
Yahoo was scheduled to have already released its new home page by now but rumor has it that CEO Carol Bartz wants to conduct more testing first.
Fear not, we’ve got your first sneak peek. Just check out the screenshot below.
Heavy emphasis seems to be placed on the left sidebar, where you can access key [...]
Here we go again. On again, off again, on again, off again.
Now a deal with Yahoo is potentially back on again, at least Microsoft seems open to it.
In a recent interview, Kevin Turner, Microsoft’s Chief Operating Officer, dangled a carrot for Carol Bartz, Yahoo’s new CEO. Turner wanted to make it clear that a smaller [...]
Yahoo CEO Carol Bartz is beginning the process of revamping of a 2006 advertising agreement with a select group of newspapers.
The advertising partnership was originally formed to sell classified ads, but it will now focus on selling graphical advertisements on their websites that are targeted toward specific niche audiences (ie: car buyers, etc.).
This new system [...]
Have you ever wondered how much it costs a company to fight off an acquisition? Well, in Yahoo’s case, their efforts to prevent a takeover by Microsoft were extremely expensive – in more ways than one.
First, there is the actual price tag. According to the company’s filing with the SEC yesterday, the total bill came [...]
Continue reading " Yahoo Spent $79 Million Fighting Microsoft Acquisition "
Yahoo CEO Carol Bartz posted her first official blog post today. What a doozy it was too.
Bartz said she is streamlining the company and choosing which execs will stay on her team and which ones will go. Chief Financial officer Blake Jorgensen will be going, along with Marco Boerries, the head of Yahoo Mobile, among [...]
Image via CrunchBase
Yahoo’s fourth quarter earnings report was a case of ‘good news’ / ‘bad news’.
First up, the bad news…
Yahoo suffered through its first money-losing quarter since the first quarter of 2002 – and it suffered its first quarterly revenue drop since the fourth quarter of 2001. Nice.
Now, the good news…
The numbers weren’t as [...]
Image via CrunchBase
We sensed that the search for Yahoo’s next CEO was nearing its conclusion and now it’s been confirmed. Carol Bartz has accepted an offer to become Yahoo’s next CEO.
Separately, Yahoo said President Sue Decker will resign after a transitional period.
Bartz ran software company Autodesk for 14 years, most recently serving as executive chairwoman. [...]
Continue reading " Yahoo Names Bartz as CEO, Tells “Experts” to Take a Hike "
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