Sunnyvale, California -- It seems like Yahoo has changed direction this year under the guidance of CEO, Carol Bartz, which relies in the short-term on cutting costs, making significant changes to its YouTube-like video site, Yahoo Video.

Sunnyvale,California -- Yahoo Inc., the beleaguered Web portal is on the brink of slashing between 600 and 650 jobs, or about 5% of its workforce as early as today, in the latest bid by chief executive Carol Bartz to reduce costs and reposition the company in faster-growing markets, according to people familiar with knowledge of the situation.

The layoffs comes as the company strives to reduce costs amid sluggish growth in Yahoo's online advertising business as the struggling Internet media giant attempts to streamline a multi-year turnaround effort under Bartz. These would be the latest in a series of purges at the Sunnyvale, Calif., company over the last few years.

Sunnyvale, California -- Yahoo! is venturing to go beyond basic city guides, and the Sunnyvale, Calif., company on Wednesday added local news articles, deals from neighborhood merchants and event listings, currently being tested in beta mode in over 30 locations in United States.

Yahoo! Local is intended to bring together event information, local blog content and more. It is part of an effort to transform the area into more of a community hub than a phone book. Basically anyone can publish on a particular Local guide, but it will be monitored by Yahoo! editors.

Tokyo -- An association between Yahoo Japan and Google may sound unlikely for all sorts of reasons, but Japan's Fair Trade Commission on Thursday sanctioned a local web-search alliance between Yahoo Japan Corp. and Google Inc., disregarding concerns raised by Japanese lawmakers and Rakuten Inc. that the deal could hurt competition.

Although Google, the world's biggest Internet search services company and Yahoo Japan, the country's top Internet portal, had expressed in July that it would select Google's search engine technology, as well as utilize its advertising and distribution system, while maintaining its current user interface, empowers the two firms control of almost all of the domestic search market in Japan, the FTC declared that the proposed deal does not present any problems under the Anti-Monopoly Law.

“The commission has concluded that at this point it is not necessary to continue investigating whether to take actions under the antitrust law,” the Fair Trade Commission said in a statement.

Redmond, Washington -- Just as the holiday season begins, shoppers are expected to spend $38.5 billion online this year, and there is a good chance they will want to consult with friends and family before making purchases. Microsoft has just updated its Bing Shopping Search with the ability to create shopping lists and share them with your family and friends on Facebook.

Sunnyvale, California -- Yahoo is doing what it can to continue to promote its brand in solutions that present strong opportunities in the overall market. The Sunnyvale, Calif.-based internet portal is expanding its Connected TV program so that developers can build fee-based widgets for television sets that use the Yahoo application platform.

Sunnyvale, California -- Google is being stalked! In an attempt to outsmart Internet search engine behemoth, Yahoo is rolling out a new search feature that surfaces answers and results as you type based on search suggestions. The beta version of a more intelligent and content-rich tool is dubbed as "Rich Search Assist."

San Francisco -- Internet giant Yahoo building on its acquisition of 'content farm' earlier this year, began unfolding its properties to outside writers, photographers and videographers on Monday with the launch of the "Yahoo Contributor Network."

Sunnyvale, California Amid upheaval in Yahoo's ad sales operation, and to thwart critics who continue to hound Yahoo CEO Carol Bartz for an unstable management team, the portal company has hired "Wayne Powers," a former Time Inc executive, to revive its slumping ad sales business as its North American ad sales senior vice president.

Los Angeles-- Now that frontfacing cameras are becoming commonplace on smartphones, competing web outfit Yahoo has launched an updated version of Yahoo Mail Android app to all users of devices running under Google's mobile operating system that includes, among other things, support for multiple accounts, photo browsing, and contact sync, complemented by the availability of Yahoo! Messenger mobile for these devices with video chatting capabilities.

Sunnyvale, California -- The faded Internet pioneer Yahoo and the South Korean consumer electronics giant Samsung on Tuesday announced an extended partnership to deliver Yahoo! Connected TV in 26 new countries across Europe, enhancing Samsung TVs to 39 countries worldwide, raising their bet that television viewers want to easily link to websites such as Facebook without having the entire Web crammed into TV sets.

Sunnyvale, California -- Yahoo, which has lately witnessed a steady stream of its senior executives depart in the past month, on Wednesday announced that it has named "Ross Levinsohn," a former president of News Corp.'s Fox Interactive Media, to head its Americas operations, as Yahoo struggles to rebuild its management ranks and stagnant revenue growth.

Sunnyvale, California -- Attempting to tempt people into spending more time on its website, on Tuesday, Yahoo Inc began to roll out a revamped version of its Web-based Yahoo mail product that boasts faster performance, new capabilities, and yes, a place you never want to--or more importantly--have to leave to get your social fix.

Sunnyvale, California -- If you cannot beat ’em; join ’em. That seems to be the reflection behind Yahoo's latest strategy to drive traffic to its site. In a clear sign the Sunnyvale, Calif.-based company's reshuffled leadership team plans on making a big splash in the social media space by accelerating its efforts to join the social media revolution, launching a new service similar to Facebook Connect, where users can log into a variety of other websites with just one click of the mouse, according to the Wall Street Journal.

Sunnyvale, California -- Yahoo.com, the search engine that boasts itself as "the world's most visited homepage" has acknowledged and apologized for a "temporary" outage on Yahoo.com around 2:15 p.m. PDT on Thursday, October 14.

Sunnyvale, California -- Apple has targeted a great deal of its iPhone 4 marketing blitz around its so-called FaceTime video calling technology. But Sunnyvale, California-based internet pioneer Yahoo is about to challenge Apple for the mobile video calling crown, with plans to incorporate a video-calling feature into its popular Yahoo Messenger application for both the iPhone and Android mobile platforms.

Sunnyvale, California -- Yahoo CEO Carol Bartz, fulfilling its promise to innovate in search, on Thursday began rolling out several major changes to its search engine that focus on more broader selection of results when queries are related to entertainment, news or sports. The new features aim to deliver news and entertainment content to searchers across multiple devices. Yahoo is calling the remake "immersive search."

Sunnyvale, California -- Just at the start of this week made headlines for its executive exodus, Yahoo seeking to maintain its hold and capitalize on the display advertising market, Tuesday disclosed on its corporate blog that it has acquired the San Francisco-based Dapper, a startup that focuses on fancy contextual display ads, i.e. ads that take what is happening on a content producer's website as a cue for what to serve up to a viewer.

Sunnyvale, California -- Web portal Yahoo, which recently lost some of its key officials, and CEO Carol Bartz is encountering what may be the toughest challenge during her tenure since she took charge of Yahoo almost two years ago. The struggling search engine company late last week confirmed the departure of three senior-most executives, including U.S. head Hilary Schneider, the latest in a string of high-level departures at the Web portal.

Sunnyvale, California -- Last month, Yahoo began redirecting all of its organic search traffic to Bing, and when Microsoft finally begins powering all paid searches scheduled to make the switch by next month, the cost paid by advertisers may rise sharply after the duo merges their Internet search services, clicks will go through the roof, and the market for search ads will be extremely volatile for weeks, according to a report from ad holding company GroupM.