Yahoo logs 19% revenue fall, writes down Tumblr value

Jul 19, 2016

Yahoo logs 19% revenue fall, writes down Tumblr value

Yahoo’s latest earnings report leaves no doubt the internet company is stuck in a downward spiral. The company managed to beat Wall Street’s limited expectations for revenue in the April-June quarter. But after subtracting commissions paid to its partners, Yahoo said its revenue fell ...

Yahoo unveils makeover of Flickr photo hosting site

May 22, 2013

Yahoo unveils makeover of Flickr photo hosting site

Reinvigorated technology player Yahoo on Monday unveiled a dusted-off design of its Flickr photo platform only hours after the company’s dramatic acquisition of blogging site Tumblr. Yahoo CEO Marissa Mayer, maintaining her ambition was to make Flickr “awesome again,” said the new site will ...

May 22, 2013

Acquisition sparks talk on next big tech target

The billion-dollar deal for Tumblr has stirred talk on the next big acquisition target in the sector, with cash-rich tech giants looking for the next potential star. Yahoo’s blockbuster deal for the popular blogging platform comes amid a battle for eyeballs on the Internet ...

May 22, 2013

Yahoo's Tumblr deal carries risks, rewards

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Yahoo has concluded that Tumblr, the social blogging service, is worth a whopping $1.1 billion. Will the bet prove a good one? The answer depends on whether the combined company can turn its many millions of users into a interlocking set of services that ...