Yahoo has posted a net income of to $21.2 million, or 2 cents per share, for the quarter ended March 31, from $311.6 million, or 29 cents per share, a year earlier.
On an adjusted basis, earnings were 15 cents per share.
Yahoo Inc and Microsoft Corp agreed to extend by 30 days the deadline to re-negotiate a ten year search deal, as the two Internet companies attempt to revamp a thorny partnership crafted by former chief executives.
The search part
Yahoo’s ”s search engine was down on Friday, shortly after Microsoft Corp's search engine, Bing, was also briefly unavailable before recovering.
Users who typed search.yahoo.com got an error message saying that Yah
Yahoo has dismissed reports that claimed it was closing its Dubai headquarters, the only remaining office in the Arab world, a report said.
“The Mena region continues to be an important market for Yahoo. Yahoo Maktoob’
Yahoo will pay about $640 million for automated advertising service BrightRoll, beefing up its ability to sell video ads in real-time to marketers in a bid to offset declining Internet ad prices and decelerating growth.
Activist investor Starboard Value LP said it has acquired a "significant" stake in Yahoo Inc and urged the Internet company to explore a merger with AOL.
Starboard, the second activist investor to target Yahoo in the las
Yahoo said it had detected a "coordinated effort" to gain unauthorized access to Yahoo Mail accounts using malicious computer software.
The company said on its official blog that it believed that the attackers were attem
Yahoo Inc's online ad prices slid again in the fourth quarter and Alibaba, the Chinese e-commerce giant in which it owns a big stake, saw revenue growth decelerate from its recent rip-roaring pace.
Yahoo's overall revenue
Italy's largest ruling party has proposed legislation to raise government revenues by making it more expensive for multinational online companies like Google, Amazon and Yahoo to do business there.
A bill tabled by the centre-
The National Security Agency has tapped directly into communications links used by Google and Yahoo to move huge amounts of email and other user information among overseas data centres, the Washington Post reported on Wednesday.