Yahoo

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Ex-AOL Chief Seeks Funds to Buy Yahoo

$30B difficult to raise amid recession

(Newser) - After months of advising both Microsoft and Yahoo on a failed deal, former AOL chief Jonathan Miller is trying to put together a bid for Yahoo himself. The venture capitalist is asking private investors to help him amass the $30 billion needed to acquire the struggling, $10-a-share search engine group,...

Angie Tops Yahoo's List of Most-Searched Women

(Newser) - Yahoo! has released a list of its 10 most-searched women of the year, including obvious honorees and some more off the radar:
  • Angelina Jolie: The birth of her twins, box-office success, and a dramatic turn in Changeling made Jolie the most-searched woman on the engine.
  • Sarah Palin: Given her brief
...

$20B Yahoo Search Deal 'Total Fiction': Exec

Execs scoff at story of Microsoft dropping $20B on search biz

(Newser) - A report that Microsoft will buy Yahoo's search business and give two Internet execs a 30% share is "total fiction," one of the execs tells Kara Swisher at AllThingsDigital. Swisher agrees that the $20 billion deal, reported by the London Times, is likely non-existent. After all, board member...

Web Users Still Can't Get Enough Palin

GOP candidate still dominates web searches

(Newser) - We just can't seem to let Sarah Palin go. Nearly a month after the election, she continues to dominate user lookups on search engines, cable news sites, and YouTube, reports Politico. Alaska's governor ranks near the top of virtually every major search tool, including Yahoo, AOL, and Lycos, where she...

Icahn Stock Grab May Signal New Yahoo CEO
Icahn Stock Grab May
Signal New Yahoo CEO
analysis
Nov 28, 2008 6:54 PM CST

Icahn Stock Grab May Signal New Yahoo CEO

(Newser) - Corporate raider Carl Icahn bought about $65 million in Yahoo shares this week, sparking AllThingsD blogger Kara Swisher to speculate that an "Icahn-friendly" CEO is on the way. Icahn's purchase, likely an attempt to recoup the $900 million he lost on his Yahoo stake this year, points to two...

Ballmer Quashes Yahoo Bid Rumors; Open to Partnership

Microsoft 'done' with acquisition attempts, even after Yang's resignation

(Newser) - Steve Ballmer quashed the rumor that Microsoft would make another offer to buy Yahoo now that Jerry Yang has quit as CEO, CNET reports. “We are done with all acquisition discussions with Yahoo,” the chief executive said today. “We did our best; we’ve moved on.”

For Yahoo, Question Is: Who's Yang's Yin?

The next Yahoo CEO will have to take the Web portal in a new direction to sate Wall Street

(Newser) - Yahoo’s successor to CEO Jerry Yang could come from outside the Internet industry, as long as he has a strong operations background and the decisiveness to break the company’s culture of indecision, reports the Wall Street Journal. But even before hiring a CEO, the company needs to decide...

Yang's Departure Gives Microsoft New Opening
Yang's Departure Gives Microsoft New Opening
ANALYSIS
Nov 18, 2008 9:54 AM CST

Yang's Departure Gives Microsoft New Opening

Analysts see 'beginning of the end for Yahoo' as CEO steps down

(Newser) - Investors are hoping Jerry Yang’s departure will lead to renewed talks with Microsoft, BusinessWeek reports. “This is probably the beginning of the end for Yahoo,” said one. “Microsoft will probably come back with an offer.” Microsoft has repeatedly denied interest in reviving a deal, but...

Yang Out as Yahoo CEO
 Yang Out 
 as Yahoo CEO 
Nov 17, 2008 8:18 PM CST

Yang Out as Yahoo CEO

Embattled exec's resignation in works for months; he plans to stay on board

(Newser) - Jerry Yang is stepping down as Yahoo's CEO after a short and embattled tenure, Kara Swisher reports on AllThingsD. He will remain on the company board and retain his old "Chief Yahoo" title, as well as help find a replacement. The board and Yang have chewed over the...

Google Scraps Partnership With Yahoo

Search giant proves unwilling to fight antitrust regulators over deal

(Newser) - Google canceled its search-advertising partnership with Yahoo rather than fight a Department of Justice lawsuit over antitrust concerns, CNET reports. The company gave up on the deal after Justice said it was not satisfied with the companies’ revisions to the deal and would sue to block it.

Yahoo, Google Rejigger Ad Partnership to Stick to Rules

Deal scaled back in effort to appease anti-trust regulators

(Newser) - Yahoo and Google have scaled back their ad partnership in a bid to satisfy regulators concerned that the deal will run afoul of anti-monopoly rules, insiders tell the Wall Street Journal. The new deal caps the amount of revenue Yahoo can earn from the deal at 25%, and slashes the...

Google, Yahoo May Ditch Talks on Ad Alliance

Unwilling to compromise, the Web giants may dissolve negotiations

(Newser) - Google and Yahoo's potential partnership is on the rocks. The two sides are still searching for a middle ground on an advertising deal, but both sides could walk away from the talks as early as next week, the Wall Street Journal reports. The main stumbling block is a consent decree,...

Yahoo to Lay Off 1,400 as Online Ads Stumble

Third-quarter profits drop 64% as web giant struggles with economic tremors

(Newser) - Yahoo today reported a 64%-drop in its third-quarter profits, lowered its revenue estimates for the remainder of the year, and said it planned to cut 10% of its workforce, or about 1,400 jobs, MarketWatch reports. Yahoo reported net income of $54.3 million in the quarter, down from $151....

Google, Yahoo in Talks to Avoid Antitrust Case

Online ad deal may be capped to avoid further scrutiny

(Newser) - Google and Yahoo are working to settle any antitrust issues arising from their proposed joint online ad venture, the Wall Street Journal reports. Google has offered a cap on the volume of ads it sells Yahoo, which may be willing to continue selling search ads to avoid lengthy legal battles...

Wal-Mart Relents, Will Continue DRM Support

(Newser) - Wal-Mart has backed off plans to shut off its DRM server, at least for now, Wired reports. The retail behemoth had warned online music store customers of the upcoming shutdown, which would prevent customers from moving any files they’d already bought. Now, after public outcry, Wal-Mart is relenting—just...

Investors Fund Big Digg Expansion
Investors
Fund Big Digg Expansion
Sep 24, 2008 6:20 PM CDT

Investors Fund Big Digg Expansion

Social news site raises $28M, plans to double staff, go global

(Newser) - Social news site Digg has raised $28.7 million to fund an aggressive expansion and fend off rumors it will be sold, IDG News Service reports. The 4-year-old site, which allows readers to rank stories, plans to double its staff to 150, revamp its features, and expand internationally. The move...

Yahoo Board OKs New Round of AOL Talks

Time Warner anxious to decide on service's future

(Newser) - A Yahoo board of directors now stocked with allies of activist investor Carl Icahn cleared the way yesterday for reigniting talks on combining with AOL, the Financial Times reports. Time Warner’s chief is eager to decide AOL’s future “fairly soon,” but is hoping Microsoft will join...

FBI Raids Suspected Palin Hacker

Tennessee student's home raided

(Newser) - A 20-year-old student suspected of hacking into Sarah Palin's Yahoo email account found himself on the wrong end of an FBI search warrant while throwing a party Saturday night, reports NBC affiliate WBIR-TV in Knoxville. David Kernell, a student at the University of Tennessee, is the son of a prominent...

Yahoo's Next Move: Third-Party Content

Keeping users on site by enabling links to Netflix, Craigslist is goal

(Newser) - After struggling through months of takeover battles and sagging stock prices, Yahoo says it’s working to become a web destination for users rather than simply a jumping-off point, the San Francisco Chronicle reports. It plans to add third-party content and newly developed applications on a new Yahoo home page,...

US Hires Top Lawyer to Mull Google-Yahoo Antitrust Case

Step in possible antitrust case against Internet giants

(Newser) - The Justice Department has hired a top lawyer to review a possible antitrust case against the Google-Yahoo advertising deal, which would give the companies control of 80% of web search ads, the Wall Street Journal reports. Sanford Litvack, a former Disney vice-chairman, was Jimmy Carter’s antitrust chief. While officials...

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