It's been a interesting week at Yahoo. According to reports many key executive are rushing to the exits at Yahoo. Qi Lu, an executive vice-president in charge of Yahoo's search and advertising technology; Brad Garlinghouse, a senior vice-president who oversees communications tools like mail; and Vish Makhijani, a senior vice-president involved in search, are all reported to be … [Read more...]
Yahoo Launches New E-Mail Service
Yahoo announced today two new e-mail domains that will give users the chance to register for an e-mail address using the new Yahoo! e-mail address at ymail.com and rocketmail.com. Yahoo! Mail is the number one Web mail service in the world with more than 260 million users worldwide E-mail addresses at the new domains will have the same Yahoo! Mail features as addresses … [Read more...]
Icahn Wants to fire Yahoo CEO Yang
According to a report in the Wall Street Journal Carl Icahn says he wants wants to get rid of Jerry Yang as Yahoo’s CEO for botching the Microsoft (MSFT) bid. Icahn believes Yahoo's board will have to be fired to lure Microsoft back to the bargaining table. Icahn asserted in a Tuesday interview with The Wall Street Journal that Microsoft is unlikely to renew its courtship as long as Yahoo … [Read more...]
The Public Direct Navigation Company You Never Heard of
A public company, Elysium Internet, Inc. (OTCBB: USBF) in a press release today today announced that it has closed the acquisition of Pediatricians.com, Psychiatrists.com and Podiatrists.com in a deal valued at $1 Million. Elysium Internet Chairman and CEO Scott Gallagher commented, "With today's domain acquisitions we have added three of the best currently available dot com domains in the … [Read more...]
Murdoch: Google is “the greatest company in the World” & Icahn’s Proxy Bid for Yahoo will Fail
In a report by Fortune magazine, News Corp. Chairman Rupert Murdoch predicted Wednesday that Carl Icahn's proxy fight for control of Yahoo will fail, but it will "make him a few hundred million dollars." Murdoch also said that at one point, Yahoo and his company tried to work out their own deal. He said the two companies talked about adding MySpace, News Corp.'s social network, to Yahoo's … [Read more...]
Google Paid Clicks Increase: Yahoo and Microsoft’s Fall in April
According to a report by ComScore, Inc. released today, Google's growth in "paid clicks," rose sharply in April. Meanwhile paid clicks for Microsoft and Yahoo declined. Google's paid clicks increased 20% in April compared with the same period a year earlier. Yahoo saw a 4.4% decline in paid clicks in April compared with the period a year earlier and Microsoft (MSFT) saw a 9% decline. … [Read more...]
Yahoo Postpones Annual Meeting
Yahoo postponed it's annual meeting which was schudeled for July 3, to an undetermined date in late July, according to a filing with the Securities and Exchange Commission. This is the second time Yahoo has postponed its annual meeting, usually held in May or June. The previous delay, announced in March, gave Yahoo more time to explore alternatives to Microsoft's unsolicited takeover bid, … [Read more...]