Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
SAN Francisco, United States (AFP) — Yahoo Inc. has given prospective buyers until April to present preliminary offers for some of its assets, the Wall Street Journal reported late Monday. In letters to potential suitors, the troubled Internet company asked them what assets they were interested in, how they would finance such acquisitions and what terms would have to be met on their end, the newspaper said, quoting people familiar with the matter. The paper […]
(Reuters) – Yahoo Inc reported a modest increase in revenue during the third quarter, exceeding lackluster Wall Street targets, as the Internet company’s online display advertising business continued to struggle. Shares of Yahoo rose 1.1 percent to $40.61 in extended trading on Tuesday. “This is a continuation of what we’ve seen for most of the last two years,” said Pivotal Research Group analyst Brian Wieser, citing the ongoing weakness in the display advertising business. Yahoo’s revenue, excluding fees shared with partner […]
