From the category archives:

Yahoo

Yahoo Flies Out Of The Bargain Travel Space

by Jason Wilk on March 25, 2009

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  • Yahoo announced today that it will be exiting the bargain travel space by closing  FareChase, a company it originally acquired back in July 2004 and re-launched two years later. At the end of the day, users will start being redirected to Yahoo’s main travel page.
  • The service was similar to other comparisson travel sites, letting customers view competitive rates from all the major OTA’s.  While preparing to close the site down, Yahoo renewed its partnership with Travelocity in late February 2009, ensuring that they would still be the primary booking engine for Yahoo Travel.
  • Other operations that have been shut down by Yahoo in the past 12 months include: Shopping engine Kelkoo, online storage service Briefcase, photo sharing service Yahoo Photos, social network Mash, live video streaming service Yahoo Live, Ads in RSS, web-based video editing service JumpCut and student community website / job board KickStart (Robin Wauters/TechCrunch)

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Steve Ballmer Starts Talking Yahoo Again

by Jason Wilk on March 19, 2009

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  • At a media conference in New York today,  Microsoft Chief Executive Steve Ballmer said he expects to see fewer acquisitions in the next 9 months while the economy resettles, but he did say he would be open to discussing a search partnership with Yahoo’s new chief, Carol Bartz.
  • Because valuations at this point in time are hard to assess, Ballmer said he  preferred a search deal with Yahoo, but no outright acquisition. Bartz, in my eyes, has always been put in place at Yahoo to get back the original deal Microsoft offered last year. With no personal attachment to the company and Jerry Yang almost out of the picture, a search deal by the end of the year, followed by a 2010 acquisition by Microsoft seems entirely feasible.
  • Yahoo search market share has been declining for the past 24 months, so striking a deal soon would be in the best interest of Bartz, who is not exactly an expert in the field of turning around a search brand. From radio ads, to billboards, Yahoo can’t seem to find a break. What is in Yahoo’s corner is the fact that Microsoft’s search market share has been declining as well, making the no. 2 search company in the US an even more prime target for Microsoft who is desperate not to be left in the dust when it comes to the search game. Microsoft wants a search partnership with Yahoo in order to get bigger in the search business, but as we’ve seen with Google, being a big player in search can lead to the success of so many other cloud based products and revenue drivers.  I still have a hunch that Microsoft’s 2009 launch of Kumo.com, the rebranded LiveSearch, will have something to do with a Yahoo co-brand. At the end of the day, a search partnership can do nothing but help each of the compaies and provide another avevnue to sell advertisements. As with my 2009 predictions for the tech sector, a Yahoo-Microsoft partnership is a top 5 contender.

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Yahoo Expands Its Newspaper Partners

by Jason Wilk on March 9, 2009

  • Yahoo announced a partnership today with The Boston Globe and the St. Petersburg Times, in an effort to grow its business of monetizing the print industry. Yahoo focuses on helping newspapers get more traffic to their Websites by doing things like showing article headlines from partner newspapers across Yahoo-owned properties. Last year alone, Yahoo helped drive 150 million click-throughs to news partners. Yahoo now represents 38 media companies, totaling 793 newspapers, up from 635 newspaper partners a year ago.
  • Others ways Yahoo is making money from the newspapers is from it’s job site, HotJobs, which is being used by 600 of those newspaper Webistes. Yahoo also helps 120 of the newspapers with online ad management, through its Apt ad management system, which allows the newspapers to tap into Yahoo’s advertising inventory when they cannot sell the the inventory themselves. Although newspapers are a dying breed, this is at least some good news coming out of Yahoo. Keep churning out those positive stories Bartz, your investors need some good news.

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  • A court in Belgium, today found Internet company Yahoo guilty of withholding personal account information linked to Yahoo e-mail addresses in a cyber-criminal investigation. Belgian authorities subpoenaed detailed account data for a number of e-mail addresses used by a gang of alleged internet cons The court told the company to cough up a €55,000 fine right away and an additional €10,000 for each day it keeps refusing to hand over the user data. (or $69,197 and $12,590, respectively)

Here is Yahoo’s statement:

We strongly disagree with the court’s ruling and plan to file an immediate appeal.

Yahoo! Inc., a U.S. corporation, does not have business operations in Belgium and does not maintain the customer information at issue in Belgium. The United States and Belgium have a formal international treaty which the prosecutor should have followed to properly seek information from a U.S. company.

Yahoo! is not withholding information from the Belgium government. We have a legal and policy basis for not disclosing information in this type of case until the recognized international legal process is followed. We have raised this issue with the U.S. Government.

This decision could have negative implications for all foreign companies by unduly expanding the application of a law that should not apply to a company organized outside of Belgium and without a presence in Belgium.

Thanks Robin @ TechCrunch.

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Carol Bartz Speaks

by Jason Wilk on February 26, 2009

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  • This is Carol Bartz letter today to anyone interested in what is happening at Yahoo. This is the first time she has said a word to the public since taking the head position. Key areas to check out: New management structure, customer service changes and brand revitalization. It’s going to be a long uphill battle if she thinks Yahoo can crawl back to the top.

A month and a half in the saddle and today I have the perfect excuse to get blogging.

I’ve been on a whirlwind tour for the last six weeks, talking with everybody from executive leaders to the guys who configured my laptop. I’ve been in student mode, slowly getting smarter about what makes this place tick. And most recently, I’ve been gathering information on what it’s going to take to get Yahoo! to a great place as an organization –- and one that brings you killer products.

People here have impressed the hell out of me. They’re smart, dedicated, passionate, driven, and really nice. There’s so much great energy and frankly lots of optimism. But there’s also plenty that has bogged this company down. For starters, you’d be amazed at how complicated some things are here.

So today I’m rolling out a new management structure that I believe will make Yahoo! a lot faster on its feet. For us working at Yahoo!, it means everything gets simpler. We’ll be able to make speedier decisions, the notorious silos are gone, and we have a renewed focus on the customer. For you using Yahoo! every day, it will better enable us to deliver products that make you say, “Wow.”

I’ve noticed that a lot of us on the inside don’t spend enough time looking to the outside. That’s why I’m creating a new Customer Advocacy group. After getting a lot of angry calls at my office from frustrated customers, I realized we could do a better job of listening to and supporting you. Our Customer Care team does an incredible job with the amazing number of people who come to them, but they need better resources. So we’re investing in that. After all, you deserve the very best.

We’re also leaning on this team to make sure we’re all hearing the voice of our customers (consumers and advertisers). I’m singularly focused on providing you with awesome products. Period. The kind that get you so excited, you have to tell someone about them. Whether on your desktop, your mobile device, or even your TV.

And that takes a real understanding of what you want/need/love/hate, how you’re using our products, and what you find simple, intuitive, easy and fun. Who wants innovation for innovation’s sake if it doesn’t make your life easier, more efficient, more productive? So expect us to hear you better and take better care of you.

Finally, a note about our brand. It’s one of our biggest assets. Mention Yahoo! practically anywhere in the world, and people yodel. But in the past few years, we haven’t been as clear in showing the world what the Yahoo! brand stands for. We’re going to change that. Look for this company’s brand to kick ass again.

Big thanks to the many of you who’ve reached out with positive comments. It’s clear people want Yahoo! to succeed. I’ll try to pop by here again soon, though probably not too soon. I have a pretty long to-do list.

Carol Bartz
CEO

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