Last year Yahoo! had said that although Kelkoo was profitable, they were looking out for strategic options for the Paris-based comparative shopping site, including a possible sale. They finally found a buyer for the site and announced the sale on 21 November.
Jamplant Limited, a U.K.-based private equity firm will buy Kelkoo for an amount of […]

After successfully bringing his company’s stock price down from almost $30 to $11, putting off a bid from Microsoft that would have added tremendous shareholder value and laying off thousands of employees, Yahoo! CEO Jerry Yang has finally handed in his resignation today.
News of the announcement drove the share price up 11% at the start […]

Gloomy forecasts and plummeting bottom lines have led to the once giant of online advertising and search to announce 1,500 more job cuts this year, bringing the total to 2,500 employee lay-offs.
Yahoo! announced their quarterly earnings yesterday. Profits dropped 64% compared to the same period last year, which was in line with analysts’ expectations. Revenues […]

The Google–Yahoo! deal has ruffled the feathers of several advertisers and publishers. In an attempt to try and smoothen things Google has launched a ‘facts site’ consisting of 17 slides, which try to explain the significance of this deal.
They have tried to prove that this deal will not only be harmless, but will actually be […]

Following all the hullabaloo after the Yahoo! board of directors refused Microsoft’s offer to buy them over, and the threats led by investor Carl Icahn, to replace the entire board of Yahoo!, the headless chicken that is Yahoo! is now looking at merging with another collossal sinker, AOL.
When the newly constituted Yahoo! board met for […]

Since the beginning of the year we have heard off and on that AOL’s access and media units are likely to be split. This has now been confirmed by none other than CEO, Jeff Bewkes, while releasing the financial results of the company for the second quarter of the year. The process is expected to […]

Only a few days ago, Google was deep in discussions with Digg, regarding a possible acquisition of the site. It is believed that the term sheet stage had already been cleared. However, sometime last week, Google decided not to go ahead with the deal, and Digg was notified accordingly.
The two firms were in an advanced […]

In the last few weeks, several of Yahoo!’s top executives have handed in their papers and are moving on to other jobs.
Executive Vice President of Search and Advertising Technology, Qi Lu, is quitting and has plans to go to China.
Senior Vice President of Search, Vish Makhijani, is likely to join Yandex, Russia’s leading search engine […]

The Seattle Post Intelligencer reported earlier this week that over the last one year, Microsoft has added about 11,200 employees to its payroll. Most of these have been the result of the several takeovers they have conducted in the past year or so, in their effort to improve their position in the search market.
aQuantive, Fast […]

The executives at Yahoo Inc. obviously believe in the saying ‘there are no permanent friends and no permanent enemies.’
It is well known that Yahoo! ran tests with arch rivals Google, to show AdWords advertising on Yahoo! Search. What is not so well known, however, is their opinion on the same subject.
On 30 January 2008, […]