Tag - Yahoo
Yahoo is continuing to find life difficult, reporting weak earnings in its first quarter results while being scrutinized for a possible acquisition by a number of parties. The former web giant's CEO Marissa Mayer claims the quarterly financials are "in line with our expectations," despite the company managing to endure a net loss of $99 million, a year-on-year swing of $122 million from the same quarter last year.
Yahoo may be putting parts of itself up for sale, the company has seemingly suggested in its latest quarterly results. Among major changes in the web property's structure, including a 15-percent reduction in workforce and the closure of five offices, CEO Marissa Mayer and the board at the troubled company are apparently "exploring additional strategic alternatives" to its ongoing turnaround attempts, which could lead to others acquiring parts of the business.
The NFL will host three exhibition games in London in 2016 -- a country that associates the world "football" with something quite different -- and the league plans to stream on the web, and technology companies -- including Apple, Google, Amazon, and presumably the firm that streamed last year's sole exhibition match, Yahoo -- are in talks with the NFL to buy the rights to the streaming. Live-streaming of sports events is seen as key to encouraging more people to "cut the cord" of traditional cable TV, which would benefit companies that can bridge the gap in sports coverage.
Yahoo today announced Yahoo Livetext, a new app for one-to-one live video texting on iPhone and Android phones. Yahoo Livetext blends texting with the immediacy of live video -- but without the audio. The service allows chatters to watch each other on live video, while entering the responses back and forth. Yahoo calls the service "non-intrusive, quick and real-time -- yet also fleeting, just like real-life conversations."
European carriers are allegedly working on blocking mobile advertising from major advertising networks, including those from Google, Microsoft, and Yahoo. A report claims the current plans to remove the online advertising from smartphone browsers in order to save on bandwidth costs, though it will also apparently have the ulterior motive of trying to force the advertising networks to share some of their revenue with the carriers themselves.
Yahoo's quarterly financial results reveal it has marginally missed market estimates, but it still managed to improve on the last quarter, bringing in $1.18 billion in revenue after traffic acquisition costs (TAC), with a $0.30 non-GAAP earnings per share. The company also revealed it's intentions to spin out the last of its Alibaba stake, a move designed to prevent it from paying out a large amount of tax.
Mozilla has released Firefox 34, the latest version of its multi-platform web browser. As promised last month, the update makes Yahoo the default search engine. People upgrading from a previous version, however, are only being prompted to switch engines in a pop-up message; clicking "Later" leaves Google search in place.
This week has been a busy one for Europe's "right to be forgotten" stricture. Not only have Yahoo and Microsoft's Bing launched the mandated efforts for users, but the European Commission has also issued guidance to the search engines on how to handle requests. The guidance is similar to what Google has implemented, but there may be some issues ahead, as the document published by the commission takes issues to search engines warning site operators when a page with information is delisted, potentially stirring up old issues and bringing more attention to the deleted content.
Yahoo and Microsoft are courting Apple in hopes of becoming the default search provider for the Safari web browser next year, a report says. Apple renewed a mapping and search partnership with Google in 2010, but that contract is set to expire next year, which could give other companies an entry point. Both Yahoo and Microsoft executives are said to have approached Eddy Cue -- Apple's senior VP for Internet Software and Services -- about a potential deal. So far, though, there's no sign that Apple has made a decision, and indeed it could choose to remain with Google.
Another acquisition by Yahoo was announced late last week, building on a long string of pick-ups under the leadership of CEO Marissa Mayer. The newest company coming into the Yahoo fold is Cooliris, a developer known for its mobile photo-aggregator application Cooliris for Mobile and the recently launched BeamIt Messenger.