Yahoo News
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Sunnyvale -
Digital media company Yahoo has launched its own web browser, Axis. The company describes it as an innovative tool to surf the Internet and make it easier and faster. Will this surprise move help revamp the struggling but once dominant Internet giant?
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US internet company Yahoo has agreed to sell part of its stake in China's biggest internet company Alibaba Group for $7.1 billion.
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Sydney -
Super un-competitive former Internet pioneer Yahoo is still in the cellar-dweller class after the ignominious departure of CEO Scott Thompson. Thompson’s departure may be just a further humiliation but it’s not the whole story. That’s much worse.
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The proxy fight between Yahoo and shareholder firm Third Point took a new turn with the revelation by Daniel Loeb, CEO of Third Point, that Yahoo CEO Scott Thompson does not have a computer science degree as claimed in documents filed with the SEC.
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An exec from Yahoo! denies allegations that the company molests the privacy of Facebook users without their knowledge. Instead, he said the opposite, Yahoo! cares about your privacy.
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Yahoo has confirmed that they will end up laying off 2,000 employees. The move signals that a broad shakeup of the company is coming.
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San Francisco -
It is being reported that Yahoo Inc. will begin its much anticipated restructuring effort this month when it lays off thousands of employees next week. The company's complete restructuring initiative will be announced the week after.
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A report released earlier today stated that Yahoo!'s new chief executive Scott Thompson, who has been on the job for a little over two months, is already considering laying off thousands of workers in an attempt to restructuring the company.
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A report released earlier today stated that Yahoo!'s new chief executive Scott Thompson, who has been on the job for a little over two months, is already considering laying off thousands of workers in an attempt to restructuring the company.
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New York -
Yahoo has selected PayPal president Scott Thompson to be its next chief executive officer. Thompson will be given the task to completely revise its online advertising business model. It will be official as of Jan. 9.
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Yahoo Headlines
Negotiations falter between Alibaba and Yahoo
Jerry Yang, co-founder and former chief executive of Yahoo!, resigns from the company's board.
 Yahoo has killed Livestand, a tablet magazine, just six months after its debut on the iPad.
Yahoo CEO Scott Thompson has stepped down amid accusations a fake computer science degree was included on his CV.
Shares in internet giant Yahoo rise 5% on reports that it is close to selling its valuable stake in Alibaba Group, the Chinese e-commerce company.
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