Yahoo acquires Stamped, a Mobile Social Recommendation startup company. Stamped is Yahoo’s first acquisition as sicne Marissa Mayer took over as Yahoo CEO. Stamped is a mobile recommendation app trying to make it east to share and find favorite things among friends. Stamped is based in New York and was founded in late 2011 by two former […]
Yahoo Co-Founder Jerry Yang Resigns from Yahoo
Yahoo announced that Yahoo’s co-founder Jerry Yang is resigning from all things Yahoo. Jerry Yang and David Filo founded Yahoo in 1994 when they were graduate students at Stanford University. Yahoo started just as an internet directory and grew to be a top media company now. Jerry Yang is serving in Yahoo’s Board of Directors […]
Yahoo to Acquire Interclick for $270 Million
Yahoo announced that it will be acquiring New York based advertising technology company Interclick for $270 Million. Interclick was founded in 2006 by Andrew Katz in New York and now it has offices in Chicago, Los Angeles, San Francisco, Dallas, Miami and Boston. Interclick offers advertising technology platform, Open Segment Manager (OSM), that solves computational […]
Yahoo Board Fires its CEO Carol Bartz
Yahoo board made a number of sweeping changes to its leadership structure. The biggest reorganization started with the firing of its CEO Carol Bartz. Yahoo board of directors has appointed Yahoo CFO Timothy Morse as interim CEO, effective immediately. Yahoo press release announcing these changes said that it has begun the search for a suitable […]
Yahoo Sells Delicious to YouTube Founders
Yahoo announced that it has finally found somebody who is ready to take care of its Delicious. Yahoo has been looking to sell the social bookmarking site for a while and finally Delicious found a home with the two YouTube founders,Chad Hurley and Steve Chen. Delicious becomes part of YouTube founders’ internet company AVOS. The […]
Yahoo Acquires IntoNow - 12 Weeks Old Startup
Yahoo Confirms Staff Cuts
One of the talks of the holiday season in the tech circle is Yahoo’s plan to lay off its employees just before Christmas. Yahoo was widely rumored to be laying of its 5% of 14,100 employees. Earlier today, tweets and mails started coming from Yahoo employees about the layoffs. Finally Yahoo! has responded to TechCrunch […]
Yahoo to Offer Local Deals Program
Yahoo announced that it is partnering with leading providers to offer local deals on the internet. With Yahoo local offers, Yahoo hopes to create one of the largest repositories of local deals on the internet. Yahoo! said the local deals program will offer a wide variety of deals ranging from “from nearby spas, restaurants and […]
Yahoo Loses Search Share a Little and Blames it on Google Instant
The ComScore search engine market report for September 2010 showed that Yahoo! lost 0.7% of search share to hold 16.7% from 17.4% in August 2010. In the same time period, Google gained 0.7% of search market to get to 66.1% from 65.4% in August 2010. Yahoo knows why and sheds light on search statistics in […]
Yahoo to Offer New Search Experience
Yahoo announced that it has revamped its search engine that offers new search experience is available now. One of the major goals of Yahoo! search revamp seems to keep the customers on the same search page without leaving anywhere. With the new search, when one searches a query like a movie name, Yahoo serves an […]