19329 Stories, most recent news story added Fri Jul 25, 1:55 pm EDT
Reuters - Yahoo Inc's net profit fell 19 percent but investors took heart that it did not change its outlook despite a weakening U.S. economy and the distraction of Microsoft Corp's failed takeover bid.
A year into Jerry Yang's turnaround strategy - and 10 days before a potentially ear-boxing stockholders meeting - and Yahoo has produced second-quarter results that missed Wall Street's reduced expectations. And, as the AP observed, its market value is now about $18 billion below Microsoft's last offer.
After fund manager backs Yahoo board, investor settles for three board seats; ‘unified voice’ in Microsoft negotiations.
Chief Executive Steve Ballmer on Thursday defended Microsoft Corp's need to make heavy investments in its Internet businesses but said the company was "done," for now, with pursuing Yahoo Inc.
Yahoo on Tuesday reported an 18 percent drop in profit in the second quarter, quelling fears of much worse, given the challenging national advertising market. Possible Yang replacement? Microsoft-Yahoo page | More Yahoo
Microsoft said on Wednesday that Kevin Johnson, who as president of Microsoft's largest business division spearheaded the company's pursuit of Yahoo, is leaving the software maker.
An influential shareholder advisory firm endorsed the re-election of Yahoo Inc.'s entire board Thursday, reducing the chances that the company's directors will be ousted for spurning Microsoft Corp.'s $47.5 billion takeover bid during the spring. Although the...
Despite a bruising freshman year as CEO of the company he co-founded 14 years ago, Yang said he looks forward to Icahn joining him on the board.
Major Yahoo shareholders still want blood from CEO Jerry Yang, chairman Roy Bostock and director Ron Burkle, whom they hold responsible for botching negotiations with Microsoft. BoomTown's Kara... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
The recent history of Yahoo’s troubles is well-known: the company lost the search race to Google; it missed out on key trends — social networking, for instance — and potential acquisitions — Facebook, most notably; its performance disappointed; some shareholders grew restless and focused their anger on a board that gave former CEO Terry Semel one of the richest pay packages in Corporate America.
Zimbra is offering an office productivity suite. The Yahoo-owned provider of open-source messaging and collaboration tools announced Thursday a free beta of Yahoo Zimbra Desktop, which offers a centralized location for managing e-mail even when a user is not connected to the Internet, plus a tool for creating documents and spreadsheets.
In the Microsoft-Yahoo minuet, Yahoo investors, including Carl Icahn, have gotten most of the attention. What about Microsoft shareholders?
Tue, Jul 22, 2008 (9:39 p.m.) With Microsoft's $47.5 billion takeover bid off the table and his company's stock price down 20 percent during his 13-month reign as Yahoo's CEO, Jerry Yang has a message for his exasperated shareholders: Things aren't as bleak as they look.
The architect of Microsoft's star-crossed effort to buy Yahoo is leaving his job, in an unexpected move that raises questions about the giant software company's continued pursuit of the Sunnyvale Internet firm. Johnson named Juniper CEO Microsoft-Yahoo page
A tense proxy battle over, the Internet firm can concentrate on its turnaround strategy. Yahoo Inc. reached a cease-fire with billionaire activist Carl Icahn on Monday by giving him and his allies three board seats, ending a bruising proxy fight and buying the Internet company more time to figure out its turnaround strategy.
With the proxy fight between Carl Icahn and Yahoo settled , there is little risk that Yahoo’s directors will face much more than some uncomfortable questions from shareholders at the company’s Aug. 1 annual meeting. Their reelection is virtually assured.
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