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Tom Hanks' New Sci-Fi Series to Debut on Yahoo

Electric City to feature post-apocalyptic world

(Newser) - Tom Hanks will soon release his long-in-the-works futuristic animated series—where else?—on the web. Twenty episodes of Electric City, just four minutes or so each, will premiere on Yahoo this spring. The series features an apparently peaceful city in a post-apocalyptic world, and deals with political and social issues...

Yahoo Hires PayPal Prez as CEO

Scott Thompson will slide into hole left by the fired Carol Bartz

(Newser) - Yahoo fired Carol Bartz over the phone —no word on whether it made the offer to its new CEO in the same manner. PayPal President Scott Thompson has been selected to take the reins of the troubled Internet company, which has been without a permanent CEO since Bartz was...

Yahoo Eyes Selling Asian Assets
 Yahoo to Unload Asian Assets? 
Dec 22, 2011 3:43 AM CST

Yahoo to Unload Asian Assets?

$17B deal seen as way to revamp US business

(Newser) - Yahoo is considering selling off its Asian assets—the most valuable part of its business by far—to raise cash and breathe new life into its declining US operations. The company is considering unloading most of its stake in China's Alibaba and all of its stake in Yahoo Japan...

Yahoo Attracts Many Suitors, Weak Offers

$20.6B price way down from 2008

(Newser) - The good news: There are plenty of suitors shopping for the 19.9% minority stake Yahoo is peddling. The bad news: Everybody's looking for a deal. A Microsoft-linked private equity group has put in a bid that values the onetime behemoth at $20.6 billion, reports the Guardian —...

Online Piracy Bill Becomes Major Battle

Lobbyists dig in over controversial SOPA measure

(Newser) - A battle is heating up on Capitol Hill over a controversial new bill targeting online piracy. Yesterday Google, Facebook, Yahoo and other web companies took out full-page newspaper ads railing against the House’s recently introduced Stop Online Piracy Act, even as supporters sung its praises at a hearing. “...

Microsoft, Aol, Yahoo Agree to Sell Each Other's Ads

They say other 'players in the industry' are welcome to join them

(Newser) - Declining tech powers, unite! Microsoft, Yahoo, and Aol have agreed to a deal that will let them sell each other’s display ads, in a bid to drive revenue up and help them compete with Google and Facebook. A Microsoft VP characterized the deal as a "rising tide that...

Google Looking to Buy Yahoo
 Google Looking to Buy Yahoo 
Oct 23, 2011 8:59 AM CDT

Google Looking to Buy Yahoo

Google wants more users for Google+, more advertising markets

(Newser) - Google is trying to buy rival Yahoo and has talked to at least two private equity firms about financing the deal, reports the Wall Street Journal . Despite Internet ad revenues soaring around 20% a year, Yahoo revenue has foundered for several years, spurring talk the Internet giant could go private...

Yahoo Founder Looking to Take Company Private

Delisting could buy space for former online leader

(Newser) - Yahoo co-founder Jerry Yang is warming to a deal with private equity investors that would take the iconic Internet player private, reports Reuters . Among the rumored buyers—Chinese online giant Alibaba, Microsoft, and Bain Capital. Experts say going private could solve pressures coming from the market, where investors have punished...

Yahoo, ABC News Team Up
 Yahoo, ABC News Team Up 
Oct 3, 2011 9:26 AM CDT

Yahoo, ABC News Team Up

Yahoo will distribute ABC content, ABC will provide exclusive video

(Newser) - ABC News and Yahoo! announced a major new alliance today that will make ABC the “premier news provider” for Yahoo’s news sites. “Teaming with Yahoo will transform the future of ABC News by distributing your journalism to a vast new audience,” ABC News President Ben Sherwood...

Good Luck Finding a New CEO, Yahoo
 Good Luck Finding a New CEO, Yahoo 
Analysis
Sep 8, 2011 3:44 PM CDT

Good Luck Finding a New CEO, Yahoo

The job has been something of a career death trap: Analysis

(Newser) - Yahoo’s dismissal of Carol Bartz has left Peter Lauria of Reuters with a question: “Why would anyone want to be Yahoo’s CEO?” The place has become a career death trap, with past CEOs like Bartz, Jerry Yang, and Terry Semel emerging with bruised reputations. “They are...

Yahoo's Ex-CEO: They 'F--ked Me Over'

The Times asks if Carol Bartz is being too blunt

(Newser) - Carol Bartz is not beating around the bushes when it comes to her dismissal from Yahoo . “These people f---ed me over,” she told Fortune Tuesday, in her first interview since the ouster. Bartz says that when she made a scheduled call to Chairman Roy Bostock, he began reading...

Yahoo Fires CEO Carol Bartz ... Over the Phone

She's gone after 30 months of disappointing results

(Newser) - Yahoo's high-profile CEO is gone, and it doesn't sound like a happy split. "I am very sad to tell you that I’ve just been fired over the phone by Yahoo’s Chairman of the Board," Carol Bartz wrote in a company email today, according to...

AOL vs. Google: The Ten Most Visited Domains, 1996 vs. 2011
 10 Hottest Domains: 
 1996 vs. Today 
my, how we've grown
Jul 25, 2011 4:11 PM CDT

10 Hottest Domains: 1996 vs. Today

Remember when AOL was king?

(Newser) - Back in 1996, AOL was king of the Internet; its closest competitor was Webcrawler; and the University of Michigan owned a top 10 domain. Things have changed, as comScore data reveal in Business Insider:
  1. 1996: AOL. Today: Google sites.
  2. 1996: Webcrawler.com. Today: Yahoo! sites.
  3. 1996: Netscape. Today: Microsoft sites.
...

Google Sets Record: 1B Unique Visitors in Month

But Facebook leads in time spent by users each month

(Newser) - Google set a staggering record in May, according to new comScore data: It reeled in more than 1 billion unique visitors, marking the first time an Internet company can claim that honor, reports the Wall Street Journal . The figure represents an 8.4% rise over the past year, and it'...

Paul Allen Re-Sues Apple, Google, Facebook

Microsoft co-founder refiles suit after judge's dismissal

(Newser) - Microsoft co-founder Paul Allen has re-filed his mammoth patent lawsuit targeting a host of major web companies including Apple, Google, Facebook, Netflix, eBay, Aol, and Yahoo. Allen’s original lawsuit, filed in August, was dismissed because it was too vague, failing to name specific products or services. The refiling, which...

Yahoo Laying Off 700 Workers
Yahoo Laying Off
700 Workers
Dec 14, 2010 2:00 AM CST

Yahoo Laying Off 700 Workers

Products division slashing workforce

(Newser) - Some 5% of Yahoo's workforce will get bad news just in time for the holidays. The company, seeking to cut costs amid lackluster growth, will lay off as many as 700 employees today, sources tell AP . Most of the layoffs will occur in its US products division, although there may...

AOL Weighs Breakup, Yahoo Merger
AOL Weighs Breakup,
Yahoo Merger
Dec 6, 2010 6:27 AM CST

AOL Weighs Breakup, Yahoo Merger

Internet firm could split dial-up, advertising arms

(Newser) - As AOL shifts to focus on content, the Internet firm is considering breaking off its dial-up Internet service arm and then merging with Yahoo, insiders tell Reuters . Yahoo hasn’t been contacted about the plan, which echoes a move Time Warner considered in 2008 and 2009 before spinning off AOL....

News Tops Celebs in 2010 Web Searches

BP, World Cup lead Yahoo! list

(Newser) - For the first time since Yahoo began releasing its annual “most-searched” list, news drew more queries than did celebrities, Reuters reports. The BP oil spill and the World Cup were the most searched items. Why? The spill “became an issue about so many things, such as the environment,...

10 Worst-Managed Companies of 2010

Yahoo, Boeing are new entries

(Newser) - TheStreet.com has its least favorite companies listed on its site. It has two new additions and many returning losers. New to its list of the most egregiously poor performers is Yahoo. Both Yang and Bartz are dissed equally. Then there's Boeing—making the F grade for the so far...

AOL-Yahoo Merger Rumored to Be In the Works
 AOL Weighing Yahoo Takeover 
Oct 14, 2010 3:42 AM CDT

AOL Weighing Yahoo Takeover

Private equity in talks to engineer 'reverse merger'

(Newser) - Takeover rumors are swirling around Yahoo again. AOL is in talks with several private equity firms over a possible "reverse merger" between the two Internet giants that would see AOL chief Tim Armstrong heading up the combined company, insiders tell the Wall Street Journal . One scenario being considered is...

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