real-time news and commentary for investors
Monday, Jul 1
Yahoo (YHOO +0.5%) aims to keep its legions of fantasy sports addicts happy by acquiring...
Yahoo (YHOO +0.5%) aims to keep its legions of fantasy sports addicts happy by acquiring Bignoggins, a developer of mobile apps for managing multiple fantasy leagues and drafts, including those hosted by Yahoo. Bignoggins says its features will be "integrated into Yahoo's own offerings." In spite of tough competition from ESPN and other major sports sites, Yahoo still accounts for a large share of hosted fantasy leagues. The company's fantasy offerings already include a stable of mobile apps (I, II).