
Sunnyvale, California -- Hold onto grasp some exciting personnel news from the purple mother-ship: In a most conspicuous move since announcing the expansion of its political coverage, Yahoo News has appointed a veteran of the New York Times columnist Virginia Heffernan as its National Correspondent.
Sunnyvale, California -- Yahoo Inc.'s board of directors are busy exploring possibilities of trimming down its 40 percent stake in Chinese e-commerce company Alibaba Group Holding Ltd. to about 15 percent and dispose of its 35% ownership position in Yahoo Japan, in a complex deal estimated at $17 billion, The Wall Street Journal reported on Friday.
Los Angeles -- It was only a matter of time, social networking website Facebook glanced at Yahoo's traffic, laughed and sped past topping off a fine year for the company and the website, as Santa bestowed the company the title of "third largest website ever".
Sunnyvale, California -- It seems like Yahoo has not done eliminating “non-core” services quite yet. “10 Million Dollars Down the Drain!” The company says it is going to shutter another popular blogging widget MyBlogLog next month, leaving more than a few people scratching their heads.
Bangalore, India -- Internet search pioneer Yahoo Inc. has acquired a 30 percent strategic stake in Chennai-based firm specializes in tele-information search service, Info Network Management Company (INMAC), for an undisclosed amount...
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