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VIDEO: Yahoo: Marissa Mayer's impact

2013-10-16 09:54:49| BBC News | Business | UK Edition

Yahoo shares have surged since Marissa Mayer took over as chief executive 15 months ago.

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Yahoo! profits still lower as revenue falls 5%

2013-10-16 08:59:00| Telecompaper Headlines

(Telecompaper) Yahoo! reported third-quarter net profit down 89 percent to USD 0.28 per share, after booking a gain the year-earlier period on the sale of Alibaba shares. Excluding the one-time items, profit fell 24 percent to USD 358 million. Revenue declined 5 percent to USD 1.1399 billion and was down 1 percent to USD 1.081 billion when excluding traffic acquisition costs. Display revenue fell 7 percent to USD 470 million due to pressure on ad prices, and search revenue was down 8 percent to USD 435 million on a lower price per click. Yahoo's adjusted EBITDA fell 19 percent to USD 331 million, and operating profit was down 39 percent to USD 93 million. CEO Marissa Mayer said she was still pleased with the company's execution, as it continues to invest in improving products and and made eight acquisitions during the quarter. The site's user base has grown 20 percent in the past 15 months to over 800 million monthly users, she said. After spending USD 1.7 billion share repurchases in the quarter, Yahoo had USD 3.2 billion in cash remaining at the end of September.

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Yahoo posts flat Q3 revenue

2013-10-16 02:00:00| Total Telecom industry news

Internet company lowers full-year sales, earnings outlook as display ad revenue slips 6.7%.

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Yahoo to keep larger Alibaba stake

2013-10-15 23:54:00| BBC News | Business | UK Edition

Yahoo plans to retain a bigger part of its stake in Chinese online retailer Alibaba and reports a slight fall in sales.

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Yahoo to encrypt webmail sessions by default starting January

2013-10-15 17:54:16| InfoWorld: Top News

Yahoo will start encrypting the webmail sessions of its users in early 2014 by making HTTPS (Hypertext Transfer Protocol Secure) standard for all Yahoo Mail connections. Security experts, privacy advocates, and users have asked Yahoo for this feature for a long time. Other major webmail providers already offer it.

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