Shares in grappling internet search great Yahoo leaped 9% regardless of a 20% fall in first-quarter income of this year. The company is still beating with its profit of $312m (£187m).
Yahoo also revealed income from display advertising rise by 2% to $409m. Overall, the revenue from early 2014 was $1.1bn, which is the best since 2010.
“I am really happy by our early 2014 revenue” said chief executive Marissa Mayer in her speech
Yahoo also revealed that it had 430 million mobile users per month who approach Yahoo’s stuff, a climacteric expedients as the company seeks to grasp up with Facebook and Google to captivate mobile ads.
Yahoo also [...]
On August 31, 2013 browser and mobile applications Rockmelt stopped working suddenly. The founders of the service to join the management personnel of Yahoo!. The deal has not been disclosed, but according to Bloomberg, the browser is estimated at approximately USD $50-70 million.
Rockmelt browser was launched in 2009 based on the developed platform in Google Chromium. Its social component was to tight integration with social networks such as Facebook and Twitter, for the alerts that can be watched on the side panels of the [...]
American Internet company Yahoo! has made in the court of law to publish the documents on the program to collect personal data PRISM, undertaken by the National Security Agency (NSA), the U.S.. The documents concern attempts Yahoo! withhold personal data of its users on demand NSA.
A U.S. court ruled that the U.S. Department of Justice is obliged to declassify documents that in 2009 the company Yahoo!, she claims, “strongly protested” against the granting of governmental structures of user data.
In early June, a former CIA officer Edward Snowden publicly disseminated information about a top-secret program of the U.S. [...]
Internet company Yahoo! predicts that in the current quarter, the company had revenue below market expectations, as predicted worsening financial situation in the market, and not as a rapid effect of a succession of recent acquisitions.
The company predicts that in the current quarter, Yahoo! had revenue of $ 1.06 billion, versus Wall Street expectations of $ 1.12 billion in the second quarter of the reporting Yahoo! also showed the result of $ 1.07 billion, up 1% worse last year and below expectations of $ 1.08 billion
Operating profit amounted to Yahoo! 35 cents a share, while analysts had expected the figure to around 30 cents. Net income for the year increased 46% [...]