Tag: Yahoo logs

Yahoo logs loss as it courts potential buyers

by Glenn CHAPMAN SAN Francisco, United States (AFP) — Yahoo reported a quarterly loss on Tuesday as the struggling Internet pioneer continued to court potential buyers and examine other strategic options. Yahoo chief executive Marissa Mayer said the company has “made substantial progress toward potential strategic alternatives” while working to trim costs and drive growth. The company reported a net loss of $99 million in the first quarter, compared with a $21 million profit a […]