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The Slow, Sad Death of Yahoo

2016-04-20 15:00:00| PC Magazine: the Official John C. Dvorak RSS Feed

Look back at over two decades of turmoil at a company that once sat atop the World Wed Web, and weep.

Yahoo! posts Q1 loss on 11% lower revenues

2016-04-20 08:20:00| Telecompaper Headlines

(Telecompaper) Yahoo! reported a net loss of USD 99 million or 10 cents a share for the first quarter, compared to a profit of USD 21 million or 2 cents a share a year ago. Revenues fell to USD 1.087 billion, and adjusted operating profit plunged to USD 7 million from USD 80 million. The company said the results were near the high end of its expectations and it was making progress on its initiatives to reduce costs and stimulate growth. Yahoo provided little information on its ongoing strategic review, saying only that it was a "top priority". According to CEO Marissa Mayer: "we have made substantial progress towards potential strategic alternatives for Yahoo. Our board, our management team, and I are completely aligned on this top priority for shareholders."

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Yahoo revenues and profits fall

2016-04-19 23:47:26| BBC News | Business | UK Edition

Yahoo reports a fall in revenues and profits for the first three months of 2016, as the company reviews offers from potential bidders.

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The Wall Street Journal: Verizon appears to lead pack of Yahoo bidders

2016-04-18 05:10:37| Telecom - Topix.net

Verizon Communications Inc.'s pursuit of Yahoo Inc. received a boost as several prominent suitors opted not to make offers for the beleaguered Internet company. Ahead of a Monday deadline for preliminary bids, the telecom giant was among a handful of firms moving ahead with offers to buy Yahoo or parts of it, compared with the roughly 40 firms that had initially expressed interest, people familiar with the process said.

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