Word: yahoo
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...that the boards of the New York Times Co. and Yahoo! will not craft a merger. It would give the newspaper a larger audience and potentially better advertising income. It would allow Yahoo! to step away from using the Associated Press, the wire service whose news stories go out to thousands of media outlets around the world, making its product dumbed down for readers...
...Both Yahoo! (YHOO) and the New York Times Co. (NYT) reported earnings for the first quarter, and there was noticeable synchronicity between them. Yahoo!'s revenue dropped 13%, to $1.58 billion, and net fell nearly 80%, to $118 million. Based on the portal firm's forecasts, a slip below projections in the second quarter could take net income down to break even...
...York Times Co., management put on mourning clothes for their earnings call. Revenue fell a little over 18%, which was closer to Yahoo!'s drop than champions of Internet advertising would like. Advertising revenue killed the newspaper company's sales by dropping 27%, to $335 million. Fans of paying for content will note that subscriber revenue was up 1%, to $229 million, but that money came from people buying physical papers and not online content. (See 25 people to blame for the financial crisis...
...market has been worried about newspapers for two or three years. Large Web properties, including Yahoo!, MSN, AOL and CNN.com, were not a big concern to Wall Street. They were supposed to grow at a rate of 20% a year, unabated, forever. That has not worked out as planned, and it is not the economy. The recession may have hastened the decaying of online growth, but it did not cause...
...Last week, Yahoo! Sports reported on its website that a former student manager at the University of Connecticut and a registered agent, Josh Nochimson, had potentially violated numerous NCAA rules due to his contact with Huskies recruit Nate Miles...