Whoever takes embattled Yahoo CEO Jerry Yang's place will need to pare the former Web sweetheart's services to effectively compete in a market where it is under siege from Google and multiple social media players for online advertising, analysts say.
Yahoo and Google have revised the terms of their search advertising deal to ease concerns that have stalled its approval by the US Department of Justice, according to a report on the Wall Street Journal's Web site on Monday.
Yahoo is making good on its promise to rewire itself by opening its data and tools to developers so they can build customized applications.
Yahoo will lay off at least 10 percent of its global staff before the end of the year, the company announced on Tuesday along with disappointing financial results for its third quarter.
Yahoo, already under fire for changing user profiles, is reportedly planning to cut more than 1,000 jobs. The layoff announcement could come as soon as Tuesday, when the company is slated to report its third quarter financial results.
Yahoo continues to roll out its Open Strategy aimed at overhauling its platform and services by opening itself to more developers and becoming more social with the debut Thursday of a new universal user profile.
Microsoft said Thursday it is not pursuing an acquisition of Yahoo, despite public comments by Microsoft CEO Steve Ballmer Thursday suggesting a deal between the two companies might still be on the table.
As rumors about a Yahoo-AOL merger grow louder, industry experts caution that such a deal could create more problems than it solves.
Google and Yahoo are in early settlement negotiations with the US Department of Justice in an effort to avoid an antitrust challenge to a proposed search advertising deal between the two companies, the Wall Street Journal reported this week.
Yahoo this week began rolling out a beta version of a new Web Analytics tool that it says will provide up-to-date reports and graphs showing metrics like sales, page views and sources of traffic to Web site operators.
Yahoo rolled out part of a new advertising platform on Wednesday that's intended to streamline how digital ads are bought and placed across the Web.
Yahoo hosted about 300 developers at its Open Hack 2008 event last weekend, which encouraged participants to build applications on top of the company's products.
When Intel lays out its vision for the future, the chipmaker most often focuses on new uses for its Atom processor, greater mobility and, of course, plans to develop more and more chips.