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BUSINESS
May 17, 2013 | By Salvador Rodriguez
Yahoo is set to hold a news conference Monday, and many believe the company might announce it is acquiring Tumblr. Rumors began swirling Friday about the possible acquisition, saying Yahoo is interested in buying Tumblr, a social network whose popularity has soared recently, especially among teens and young adults. According to reports , the deal could be worth as much as $1 billion. Since Marissa Mayer took became chief executive of Yahoo last year, the company has been buying small start-ups, including one by a 17-year-old British entrepreneur for $30 million.
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BUSINESS
June 18, 2013 | By Salvador Rodriguez
Yahoo became the fourth major tech company to disclose how much government data requests it gets, following a report that alleged the tech companies are involved in a government surveillance program known as PRISM. Chief Executive Marissa Mayer said Yahoo received between 12,000 and 13,000 government requests between December 2012 and the end of May. The bulk of these requests were for criminal investigations, including homicides and kidnappings. "Like all companies, Yahoo! cannot lawfully break out FISA (Foreign Intelligence Surveillance Act)
ENTERTAINMENT
May 20, 2013 | By Joe Flint
After the coffee. Before going through two weeks' worth of mail. The Skinny: Well, I didn't win the Powerball lottery, which means I'll be heading back to the office today after a long trip to New York. Ask me around Thursday if it's good to be home. Monday's headlines include a recap of the weekend box office, Yahoo's purchase of Tumblr and the question of whether there are clouds over Warner Bros. movie chief Jeff Robinov. If you are so eager for the Morning Fix that you must know exactly when it is available online, please send me a note . Daily Dose: Now that the upfronts are over, everyone around town will start scrambling to see the pilots for all the new shows.
BUSINESS
November 7, 2008 | Times Wire Services
Microsoft Corp. isn't interested in acquiring Yahoo Inc., even after Yahoo Chief Executive Jerry Yang said the Internet company was willing to sell. There are no talks between the firms, a Microsoft spokesperson said. The software maker said it still stood by a statement last month that it "has no interest in acquiring Yahoo."
BUSINESS
November 1, 2011 | Bloomberg News
Yahoo Inc. agreed to buy Interclick Inc. for $270 million in cash to help advertisers reach online users with more targeted messages. Yahoo, which has been exploring its strategic options, may use the purchase to revive sales of display advertising, such as banner ads, which stalled last quarter. The deal comes as Yahoo is seeking a chief executive after it fired Carol Bartz in September. The Sunnyvale, Calif., company also has embarked on a strategy review as it grapples with competition from Google Inc. and Facebook Inc. Yahoo is leaning toward selling Asian assets and redistributing the proceeds to shareholders, rather than selling itself to a group of buyers, people familiar with the situation said.
BUSINESS
September 12, 2008 | Jessica Guynn
For the first time since it fought off an unsolicited takeover bid from Microsoft Corp., Yahoo Inc. on Thursday threw open its doors to give the media a glimpse of what it has planned to improve its waning fortunes. The event at its Sunnyvale, Calif., headquarters was all about Yahoo's new mantra: Be open. It featured a lineup of executives who showed off how they plan to redesign popular parts of Yahoo to include more content from elsewhere on the Web. Executives say the changes are designed to enhance the Yahoo experience for the company's more than 500 million users worldwide and for its advertisers.
BUSINESS
September 10, 2008 | Jessica Guynn
Yahoo Inc. investors wanted action. So here's something to whet their appetite: The company has replaced its top U.S. advertising sales executive with well-known former Microsoft Corp. executive Joanne Bradford. Bradford comes to Yahoo via Los Angeles company Spot Runner Inc., which she joined in May to run national ad sales. Her title will be senior vice president of U.S. revenue and market development, reporting to Hillary Schneider, executive vice president of Yahoo's U.S. operations.
BUSINESS
March 29, 2000 | Bloomberg News
Electronic Arts Inc., Nintendo Co. and Sega Enterprises Ltd. sued Yahoo Inc. over the sale of counterfeit video game software sold through the Internet directory's Web site. The suit, filed in U.S. District Court in San Francisco, alleges that Yahoo is aware of the sales of pirated software, makes money because of them and has the ability to halt the sales. It seeks compensatory damages and an injunction halting the sales. Yahoo officials weren't immediately available to comment.
BUSINESS
June 12, 2013 | By Paresh Dave
Days before summer arrives, Yahoo is launching a spring cleaning. The Web services provider plans to delete all usernames that haven't been used in the last year, hoping to free up highly sought after email addresses for its more regular customers. “If you're like me, you want a Yahoo! ID that's short, sweet and memorable like albert@yahoo.com instead of albert9330399@yahoo.com ,” Jay Rossiter, Yahoo's senior vice president for platforms, said in a post on Tumblr , which Yahoo recently acquired for $1.1 billion.
BUSINESS
May 9, 2012 | By David Lazarus
Yahoo just can't seem to get its act together. And the company's handling of its chief executive's bogus resume is only making matters worse. In case you're just joining the party, the fracas centers on Chief Exec Scott Thompson, who was caught embellishing his resume with a computer-science degree he didn't really have. Yahoo says it was an "inadvertent" mistake. Maybe so. But now the company is trying to contain the damage by announcing that the director who led the search for Yahoo's top dog won't stand for reelection to the board.
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