Yahoo Beats Earnings Estimates With Narrower-Than-Expected Revenue Decline

Yahoo beat forecasts for third quarter performance, reporting earnings-per-share of 35 cents on revenue of $1.09 billion. Analysts were expecting earnings of 26 cents per share on revenue of $1.08 billion. Total revenue amounted to $3.16 billion, $2.8 million of which came from Yahoo’s sale Read More …

Facebook, Yahoo Make Peace on Patents, Agree to Shared Ad Deals

UPDATE: Yahoo and Facebook have put aside their escalating series of patent lawsuits and agreed to work together on future advertising deals. The deal was sealed on a Friday morning call, AllThingsD reports, as part of the settlement to the companies’ patent dispute. Yahoo posted Read More …

Yahoo Makes One of Its Biggest Acquisitions Under Marissa Mayer: Flurry

Yahoo president and CEO Marissa Mayer speaks during a Yahoo presentation at the International Consumer Electronics Show in Las Vegas, NV on Jan. 7th, 2014. Image: Mashable, Nina Frazier-Hansen This story has been updated. Yahoo has agreed to buy Flurry, a mobile app analytics service, Read More …

Interactive ‘Electric City’ Web Series From Tom Hanks Debuts

The first 10 episodes of Electric City, an animated web series about a post-apocalyptic world, debuted Tuesday on Yahoo. Electric City is a 20-episode science fiction series starring and created by actor Tom Hanks. Hanks, a two-time Oscar winner for Best Actor, unveiled the scripted Read More …

Is Yahoo’s Growth Too Little, Too Late?

Image: Luke Leonard/Mashable Yahoo used its third quarter earnings to address mounting critiques that the company is falling behind. By stressing growth in its mobile and native ads divisions, Yahoo appears to have placated investors. The company’s stock rose 6.4% in early Wednesday trading the Read More …

Yahoo Plans To Turn Over Half Of Its Alibaba Winnings To Investors

The company reported its second-quarter earnings today. View this image › The Associated Press Yahoo reported its second-quarter earnings today, which missed analyst expectations but included a bit of information that should please investors: it will return at least half of its proceeds from Alibaba’s Read More …

Disney Names Ben Sherwood As New Leader For ABC

The announcement comes less than two weeks after Anne Sweeney said she would be leaving. A successor to Sherwood at ABC News has not yet been named. Mike Blake / Reuters Stephen Lovekin / Getty Images   Anne Sweeney and Ben Sherwood Disney Chief Executive Read More …

Yahoo May Bring Ads to Tumblr Blogs — With Permission

Yahoo CEO Marissa Mayer took a call with investors Monday morning to address Yahoo’s $1.1 billion cash acquisition of Tumblr, fielding questions about how Yahoo plans to monetize a company that is not yet profitable but has a large and growing userbase. Perhaps most interesting Read More …

Marissa Mayer’s Plan to Give Yahoo Employees the iPhone 5 Is Brilliant

Not content with free food, now Marissa Mayer — Yahoo’s new CEO — is giving all employees brand new smartphones. And not just any smartphone either. According to Business Insider, Mayer is going to allow employees to choose from an iPhone 5, Galaxy S3, a Read More …

Chinese E-Commerce Giant Alibaba Could Be Worth More Than $160 Billion

The company set a price range for its initial public offering in a regulatory filing today. BF_STATIC.timequeue.push(function () { if (BF_STATIC.bf_test_mode) localStorage.setItem(‘posted_date’, 1409951729); }); BF_STATIC.timequeue.push(function () { document.getElementById(“update_posted_time_3438546”).innerHTML = “posted on ” + UI.dateFormat.get_formatted_date(1409951729); }); View this image › Carlos Barria / Reuters In an Read More …