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October 21, 2010

Yahoo Claims It has been Making Significant Progress

Yahoo released its earnings report, and although the results are not as good as Google's earnings report last week, the company is trying best to show the best.

CALIFORNIA - Yahoo released its earnings report, and although the results are not as good as Google's earnings report last week, the company is trying best to show the best.

Revenue for Yahoo is still flat for the third quarter. Rose only two percent from the same period last year, approximately $ 1, 6 billion. Similarly, as quoted by Mashable, Wednesday (20/10/2010).

Carol Bartz, CEO of Yahoo, shows some of Yahoo's long-term strategy, including the integration of Microsoft Bing for algorithmic search, their cooperation with Zynga and purchasing process Associated Content.

"We have made some important progress this year, in order to implement our strategy to generate profits and repeat the success of our revenue growth rate," says Bartz.

Yahoo is also trying their best to restore the glory, and Bartz added that Yahoo has brought back more than 7 percent of company stock this year.

Obviously, the value of Yahoo is now very attractive, with calling rumors that AOL and some private firms are now looking for possibilities to buy them.

By sari, okezone.com, Updated: 10/20/2010 10:37 AM


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