Yahoo! Inc.

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  • Apr. 25, 2013, 5:38 PM

    Yahoo (YHOO) chairman Fred Amoroso has resigned. Board member/bestselling author Maynard Webb has been named interim chairman. Amoroso, who will fully step down from the board following Yahoo's June 25 shareholder meeting, became chairman only a year ago, replacing Roy Bostock. (PR)

    | Apr. 25, 2013, 5:38 PM | 1 Comment
  • Apr. 25, 2013, 8:21 AM

    In the kind of content deal one normally associates with Netflix or Amazon, Yahoo (YHOO) has gained exclusive rights to Saturday Night Live's 38-year archive, as well as clips from the current season. Though overshadowed by YouTube, Netflix, and Hulu, Yahoo has a sizable online video business - comScore estimates Yahoo served 331M videos to 43.6M unique viewers in the U.S. in February - but the business badly needs to improve its mobile reach. The SNL deal comes amidst reports Yahoo is looking to buy Dailymotion (big in France) from France Telecom.

    | Apr. 25, 2013, 8:21 AM
  • Apr. 22, 2013, 11:44 AM

    Yahoo (YHOO +0.9%) rolls out a new flagship iPhone app, replete with summarization tech provided by much-hyped/criticized acquisition Summly. Aside from providing mobile-friendly summaries of Yahoo News articles, the app provides revamped search capabilities and (echoing Yahoo's new home page) relies on both PC and mobile browsing activity to deliver a personalized news stream. The app arrives a week after Yahoo launched new iOS Mail and Weather apps.

    | Apr. 22, 2013, 11:44 AM | 1 Comment
  • Apr. 19, 2013, 4:36 PM

    In a move Marissa Mayer's ex-employer can definitely relate to, Yahoo (YHOO) is shutting down 6 older/less popular products in an effort to narrow its focus. The casualty list: Yahoo Deals (online coupons), Yahoo Kids (children's content), SMS Alerts, J2ME Mail/Messenger apps (still used by some feature phones), and older versions of Yahoo Mail.

    | Apr. 19, 2013, 4:36 PM | 1 Comment
  • Apr. 18, 2013, 2:31 PM

    Continuing its mobile push, Yahoo (YHOO -1.8%) is rolling out Mail apps for the iPad and Android tablets, and a branded Weather app for the iPhone - the pre-installed iPhone Weather app uses Yahoo's data, but is unbranded and features no ads. Yahoo is hoping a photo-centric UI for the weather app, and a strong emphasis on the reading experience for the mail apps, will attract users. The updates come shortly after Yahoo announced major DAU increases for its revamped smartphone mail apps. Yahoo Mail has been steadily bleeding share, but still claimed 281.7M users at the end of 2012 (per comScore). (Yahoo/Apple)

    | Apr. 18, 2013, 2:31 PM
  • Apr. 17, 2013, 10:15 AM

    Yahoo (YHOO -0.2%) does an about-face, moving towards breakeven following a revenue miss driven by slumping ad prices. An upgrade to Buy from BofA/Merrill isn't hurting; the firm touts the value of Yahoo's Asian assets. While discussing the report, the WSJ noted talks with Madison Ave. execs indicate their spending on Yahoo "is the same or lower than it was a year ago," as they wait for a promised turnaround and additional clarity on Yahoo's strategy. Yahoo bull Eric Jackson: "This is honestly like watching Amazon trade a day after "terrible" earnings."

    | Apr. 17, 2013, 10:15 AM | 1 Comment
  • Apr. 16, 2013, 6:39 PM

    Mentioned during Yahoo's (YHOO) Q1 call: Headcount -19% Y/Y. 14% of Q1 hirings were ex-Yahoos returning to company. DAUs for Yahoo Mail and Flickr apps up sharply since revamps (I, II). Reasons given for ad sales weakness include mobile and the impact of UI changes on ad clicks. "We ultimately aren’t seeing what we think the price will be for mobile ads." Yahoo still talks with Google about "new opportunities," on top of their recent deal. Yahoo assuming Microsoft won't continue search revenue payment guarantees (about to expire), but they're still talking. Shares -4.4% AH. (live blog) (notes) (Q1: I, II)

    | Apr. 16, 2013, 6:39 PM
  • Apr. 16, 2013, 5:30 PM
    After-hours top gainers, as of 5:15 p.m.: BPFH +14%. VXZ +9%. ENDP +6%. NMR +3%. HL +2%.
    After-hours top losers: PNFP -11%. QNST -8%. URI -4%. TMO -4%. YHOO -4%.
    | Apr. 16, 2013, 5:30 PM
  • Apr. 16, 2013, 4:38 PM

    More on Yahoo: No guidance. Q1 display ad revenue (ex-TAC) -11% Y/Y to $402M, worse than Q4's -5%. Search ad revenue (ex-TAC) +6%, down from Q4's +14%. Display ads sold -7% (-10% prior), price per display ad -2% (+7% prior). Search paid clicks +16% (+11% prior), but search price-per-click -7% (+1% prior). Was Yahoo's sales restructuring and leadership transition to blame? $775M worth of buybacks, cash/investment balance fell by $600M to $5.4B. Sales/marketing spend -10% Y/Y, G&A +7%, R&D -4%. YHOO now -3.9% AH. CC at 5PM ET (webcast) (PR) (slides)

    | Apr. 16, 2013, 4:38 PM | 1 Comment
  • Apr. 16, 2013, 4:06 PM
    Yahoo (YHOO): Q1 EPS of $0.38 beats by $0.13. Revenue of $1.07B misses by $0.03B. Shares +1.1% AH. (PR)
    | Apr. 16, 2013, 4:06 PM | 5 Comments
  • Apr. 16, 2013, 12:10 AM
    Notable earnings after Tuesday’s close: CSX, IBKR, INTC, LLTC, URI, YHOO
    | Apr. 16, 2013, 12:10 AM
  • Apr. 15, 2013, 5:35 PM
    Notable earnings after Tuesday ’s close: CSX, IBKR, INTC, LLTC, URI, YHOO
    | Apr. 15, 2013, 5:35 PM | 2 Comments
  • Apr. 11, 2013, 10:52 AM
    Yahoo (YHOO +1.1%) and AOL (AOL -1.3%) could be headed to court over the employment of AOL ad sales chief Ned Brody, Kara Swisher reports. Brody, who has agreed to a 12-month non-compete agreement, has reportedly received a lucrative offer from Yahoo to be its North American sales chief (a position that has been unfilled since Ross Levinsohn left), an offer whose acceptance "seems likely" to Swisher given the terms. Yahoo is said to be trying to subvert Brody's AOL contract by paying him not to work until the non-compete period ends. Update: AOL confirms Brody has left to "pursue other opportunities." CEO Tim Armstrong will handle his job for now.
    | Apr. 11, 2013, 10:52 AM
  • Apr. 10, 2013, 4:20 PM

    Yahoo's (YHOO +1.6%) $30M acquisition of Summly, criticized by more than a few writers for being a PR-driven move, included "the acquisition of IP, code, and technology" from SRI International (provider of the language-processing tech behind Summly), a source tells BI. The source adds Yahoo plans to use summarization tech to create "personalized news feeds" for mobile version of top Yahoo properties, and that the company is internally calling Summly "Yahoo's Siri." If true, the report goes a long way towards explaining the deal. (Yahoo/Apple)

    | Apr. 10, 2013, 4:20 PM | 1 Comment
  • Apr. 9, 2013, 7:11 PM

    Yahoo (YHOO) +1% AH after the WSJ reports the company has been talking with Apple (AAPL) about an expanded iOS relationship. The integration of content from News, Sports, and other Yahoo properties is said to be among the discussed ideas. Yahoo, whose data powers pre-installed iPhone finance and weather apps that don't feature ads, has been hungry to increase mobile engagement. Apple, meanwhile, wants to strengthen its Web offerings, which have taken a lot of heat (I, II). Also: Apple is reportedly reluctant to abandon its search deal with Google (GOOG) because it considers the quality of Google's results unmatched.

    | Apr. 9, 2013, 7:11 PM | 7 Comments
  • Apr. 2, 2013, 4:48 PM

    Elissa Murphy, Yahoo's (YHOO) cloud services engineering chief, is leaving to become the CTO of Go Daddy. It's probably not a coincidence Go Daddy's CEO is former Yahoo Chief Product Officer Blake Irving, or that another exec, James Carroll, recently left to join Irving. Separately, Yahoo is continuing its revamp of Yahoo Mail by integrating cloud storage giant Dropbox's services. Don't look for Google to do the same anytime soon for Gmail, not when it remains committed to Google Drive.

    | Apr. 2, 2013, 4:48 PM
Company Description
Yahoo! Inc is a technology company. It offers search, content and communication on mobile phone, tablet or desktop.