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2008

Time Warner Warns: Jonathan Miller Cannot Join Yahoo Board

Time Warner Warns: Jonathan Miller Cannot Join Yahoo Board

“Non-compete clause freezes former AOL chief till March.”

New York - Time Warner Inc. said on Friday that it had barred the nomination of Jonathan Miller, the former chairman and chief executive of its AOL Internet unit, from joining Yahoo Inc.’s board until March 2009.

“Yahoo! CEO Jerry Yang may wish that former AOL CEO Jonathan Miller joins his company’s board, but Jeff Bewkes does not.”

Yang, Yahoo Board Emerges Victorious From Annual Meeting

“Embattled CEO Jerry Yang and other Yahoo official’s won huge shareholder support in vote.”

San Jose, Calif. -- Jerry Yang and the Yahoo Inc.’s board while taking some heat at the company’s annual shareholders meeting Friday, with attendees bombarding with questions on numerous issues, largely emerged unscathed and won strong support from shareholders, with Jerry Yang, the company’s embattled CEO, receiving 85 percent of the vote in his favor.

Yahoo Releases Revamped Delicious Tool, Drops Punctuation Marks

Delicious looks different! Delightful, even!

Ten months since Yahoo! introduced a preview version of its now revamped social bookmarking tool Delicious, now dropping the dots from its former del.icio.us moniker, the company said Thursday.

The revamped social bookmarking now has a faster loading speed and touts several new designs, easy to use, and has better search abilities that are putting people off at first. It may take some time for users to warm to it.

Yahoo Shoots For Cloud Computing Research With HP, Intel

“In a bid to push the technology to new heights, three of the biggest names in the tech world are joining forces to develop massive cloud computing testing facilities.”

San Francisco -- Three tech giants -- Yahoo Inc., Hewlett-Packard Co. and Intel Corp. -- in a joint announcement on Tuesday said they embarking on a joint research project focused on cloud computing, an approach that already is starting to reshape IT and is leading to development of some of the world’s largest data centers into reliable, everyday utilities.

Yahoo Zimbra Desktop Brings Offline Access To E-Mail, Documents

Yahoo’s Zimbra Desktop Brings Offline Access To E-Mail, Documents

“The 263 million Yahoo Mail users who were anxious for change now have something they can sink their teeth into.”

Yahoo’s free all-in-one e-mail client offers Web 2.0-like features in an offline package, putting it head to head with Microsoft’s Outlook.

Yahoo Sails Through Turbulent Quarter, Profit Slumps To 131 Million Dollars

San Francisco -- Struggling Web pioneer battered by a souring economy taking its toll on the online advertising business and Microsoft Corp.’s failed courtship; Yahoo Inc. on Tuesday reported that its net income of $131 million, or 9 cents a share, dropped by nearly 19 percent in the second quarter from a year ago as revenue grew at a sluggish 6 percent rate, while executives say a turnaround is well under way.

Yahoo Settles To Avert Proxy Fight, Gives Icahn 3 Director Slots

“Yahoo has reached a truce in its long-running takeover war with corporate raider Carl Icahn, who will join the Internet Company’s board.”

New York -- The prolonged conflict between Yahoo’s board of directors and investor Carl Icahn displayed signs of change on Monday as the two parties reached a settlement: On the eve of releasing its latest earning statistics, Jerry Yang, the chief executive of Yahoo Inc., has managed to defuse a bloody boardroom coup at the internet search engine he founded by offering three board seats to rabble-rousing investor Carl Icahn, the billionaire who had plotted to oust all the directors of the company on August 1.

Yahoo Rebuffs Joint Microsoft, Icahn Takeover Proposal

San Francisco -- Yahoo Inc. late Saturday night irritably rejected a “ludicrous” joint takeover proposal from Microsoft Corp. and billionaire investor Carl Icahn that called for a restructuring and the sale of Yahoo’s search business to Microsoft.

Microsoft and corporate raider Carl Icahn, who are bent on overthrowing the struggling Internet search pioneer’s board, seeking to break up the Internet Company, saying they were trying to “coerce” officials into selling assets.

Yahoo And Turner Broadcasting Forge Sports-Centric Alliance

New York -- Yahoo and Time Warner-owned Turner Broadcasting System Inc. have hit the ground forging a multi-year strategic content and advertising alliance for sports-related content -- that will see them sell advertisements on Yahoo Inc.’s NBA, golf and NASCAR pages, the companies said on Thursday.

“Turner refused from dealing with another Time Warner web property, AOL, in favor of making Yahoo Sports its partner of choice.”

Yahoo Offers Free Online Ad-Supported Games

New York -- Yahoo might be facing a confrontation with investors at its annual meeting in August, but the company is continuing to release new initiatives designed to proclaim its technologies into businesses and organizations -- and get their name in front of Internet-users eyeballs.

Yahoo Inc. on Thursday announced it plans to offer its users a large number of popular casual online games as free downloads supported by revenue from advertising integrated into the games, and let other companies build custom Web services on its search technology.

Yahoo! Reveals Its New Search BOSS

Yahoo! Reveals Its New Search “BOSS”

San Francisco - Having dropped down so far behind Google Inc. that it became a takeover target, Yahoo Inc., The Sunnyvale, Calif.-based Web portal on Wednesday launched a new service called Yahoo! Search BOSS, that lets customers, academics and even rivals create a customized Web search services atop its own technology, which allows small search engines and Web sites to add Yahoo! searches to their query results.

Yahoo Trumpets Reorganization Amidst Rebellion And Desertion

New York -- Facing the wrath of angry stockholders and rocked by continuous high-profile executive departures, beleaguered Yahoo last Thursday initiated another company-wide reorganization as the embattled portal continues to seek an effective management structure and executive hierarchy.

The Sunnyvale, Calif.-based Web giant -- that recently stunned the corporate world by fending off a takeover attempt by Microsoft and an attempted coup by corporate raider Carl Icahn, as it haplessly watches dozens of high-ranking executives’ dash for the exits, before inking a controversial search partnership with rival Google.

Yahoo Protects Google Deal, Whops Icahn Agenda

San Francisco -- Yahoo Inc. CEO Jerry Yang and Chairman Roy Bostock, on Wednesday sent a letter to stockholders in the company defending its alliance with Google and whopping out at Carl Icahn’s campaign to install a Microsoft-friendly board of directors.

In a letter to stockholders, Yahoo explained that the search advertising pact it signed with Google earlier this month was “financially attractive” and struck the right strategic balance, and said the deal would do more for stockholder value than Microsoft’s search-only hybrid proposal which was made after Microsoft withdrew its original $47 billion take-over bid for Yahoo in May.

Yahoo! India To Increase Manpower In 2008

Mumbai -- California-based internet major Yahoo’s employee troubles are not yet over. The prolonged unsolicited buyout scuffle and mass exodus of top executive ranks continue and have now touched the Indian arm of Yahoo too.

Unsurprisingly, the interesting thing is that the internet major Yahoo! hopes to double its employee force in India operations to nearly 2,700 by the end of 2008, according to local media Monday.

Yahoo Announces Smart Ads Job Advertising Solutions

Chicago -- Yahoo! Inc., the second-largest vendor of online advertising in the U.S., has announced two innovative advertising solutions -- HotJobs Smart Ads and Premium Company Profiles to help recruitment advertisers meet their hiring and branding objectives by delivering more relevant job listings to candidates.

Sunnyvale, California-based Yahoo said the first; Yahoo! HotJobs has expanded its Smart Ads system for use by job advertisers, is a platform that transforms job listings into highly relevant display ads that are tailored to active and passive job seekers across the Yahoo! Network. The “pilot program” targets specific job seekers, according to the criteria including HotJobs registration information and behavioral data, Yahoo said today in a statement.

Exodus At Yahoo Continues As Reorganization Impending

Exodus At Yahoo Continues As Reorganization Impending

Los Angeles - For more than two years, executives and other senior employees have been leaving Yahoo at a steady, unrelenting trickle. The executive exodus is an unspoken rejection of the current leadership and the board.

Yahoo Tempt Users With Two New Free E-Mail Domains

San Francisco -- For the first time, as the pioneering Internet firm strives to reclaim its faded glory and eroded revenues, Yahoo Inc., the Sunnyvale-based top provider of Web-based e-mail, with more than 260 million subscribers worldwide, is offering free e-mail accounts under two new domains of “ymail” and “rocketmail” in an attempt to attract new users and keep existing ones loyal, Thursday at http://mail.yahoo.com.

Yahoo has been enormously credited by analysts with running the most popular Web-based e-mail service in the world.

Founders Of Yahoos Flickr To Join Mass Exodus

Sunnyvale, Calif., -- Up until now, corporate raider Carl Icahn has not been able to break through Yahoo’s fortress, but a recent rash of executive defections must have Yahoo CEO Jerry Yang feeling pretty lonely.

Amidst the hullabaloo of Microsoft’s abandoned takeover attempt, lawsuits and a tussle with Carl Icahn, Yahoo executives are jumping ship. The latest to leave Yahoo are Stewart Butterfield and Caterina Fake, the husband-and-wife team behind Yahoo Inc.’s popular photo-sharing service Flickr has resigned, following other top executives that have departed sin

Yahoo Broadens Mobile Ads Search Service In Asia

Yahoo Broadens Mobile Ads Search Service In Asia

Singapore - Internet media firm Yahoo pushing to consolidate its position in mobile advertising and search on Tuesday announced a series of new deals with six telecom companies in eight Asian countries and territories.

Yahoo is expanding the availability of its mobile services in a number of directions with “Yahoo Go 3.0” launches intended for Australia, India, and Southeast Asia, as well as oneSearch partnerships with an assortment of mobile operators.

More High Profile Yahoo Executives Departs

More High Profile Yahoo Executives Departs

“More high-profile exodus from beleaguered Yahoo continues.”

Yahoo’s EVP Network Division Jeff Weiner, who has been the subject of extreme speculation since the weekend, has submitted his resignation, our sources within the company say. But the big question is -- who will replace him?

Apart from the “imminent” departure of Weiner, the other two executives to leave are Usama Fayyad, chief data officer and executive vice president of research and strategic data solutions, in addition to Weiner and Fayyad, the third Yahoo veteran is Jeremy Zawodny announced on his blog that he is also leaving.

Yahoo Embraces Google, Says Adieu To Microsoft

Yahoo Embraces Google, Says Adieu To Microsoft

San Francisco - Fresh from a failed courtship with Microsoft, Yahoo on Thursday announced a partnership between archrival Google Inc. and Yahoo Inc. to handle some of its search advertising sales over time, in the hope that this alliance will improve its sagging fortunes and quell a rebellion by stockholders, though industry experts wonder whether Yahoo has not handed over its own house keys in the deal.

“The deal calls for the Internet search behemoth’s expertise to work drawing money from advertising posted next to Yahoo Internet search results.”