Live Blogging Yahoo Investor Day 2009
Oct 28, 2009 at 11:08am ET by Danny Sullivan
It's Yahoo Investor Day, where Yahoo is briefing institutional investors and financial analysts on the company. I'm here for the morning portion, and I'll be live blogging out of it. You can also watch the live web cast here.
Bartz Welcomes
Carol Bartz, CEO, on stage. Saying thing they have great opportunity. Lots to fix. Low return. "Today is the journey back to respect. We're not here to wow you, but we're here to intrigue you and earn your respect."
What happened? Yahoo was the big shining star, then wasn't. Wants to talk of "slice" of Yahoo that's not search or display or clicks o [...]
Filed in: Features: Analysis, Top News, Yahoo: Business Issues
Carl Icahn “Activist Investor” Departs Yahoo Board
Oct 26, 2009 at 7:15am ET by Greg Sterling
When "activist investor" Carl Icahn forced his way onto Yahoo's board in the middle of last year the company was resisting a takeover attempt from Microsoft. Icahn wanted to see a deal and was trying with all his might to broker one between the two companies.
He initiated a very public bid to oust Yahoo co-founder Jerry Yang as CEO and bring a slate of Microsoft-friendly candidates to the Yahoo board. He went so far as to file a shareholder lawsuit against Yahoo. The settlement gave Icahn a seat on the Yahoo board and control of three of 11 total board positions.
After Jerry Yang resigne [...]
Filed in: Yahoo: Business Issues, Yahoo: General
Google’s Brin: “A Shame” That Yahoo Out Of Search
Oct 23, 2009 at 9:51am ET by Greg Sterling
Try as they might Yahoo is having a tough time convincing people that it's still "in search." On Yahoo's earnings call earlier this week CFO Tim Morse, who led the call because CEO Carol Bartz was ill, used her analogy to describe Yahoo's new way of positioning itself around search:
The next revolution isn’t with the algorithms that provide results, it’s in creating a better, more personally relevant search experience. This is where we’ll differentiate ourselves and compete vigorously without the billions required to keep up in the arms race that generating search results has become.
[...]
Filed in: Google: Web Search, Microsoft: Bing, Top News, Yahoo: Business Issues, Yahoo: Search, Yahoo: User Interface
Yahoo Down YoY, Flat From Q2, Search Ad Revs Down 19 Percent
Oct 20, 2009 at 5:04pm ET by Greg Sterling
Yahoo just announced quarterly revenues of $1.575 million, which represents a 12 percent decline from the third quarter of 2008 and is basically flat vs last quarter. However the company saw a 19 percent decline in search ad revenue YoY but flat sequentially.
Yahoo CEO Carol Bartz characterized Q3 as "solid" in the press release and said that the business had "stabilized." Here are the top-level financials:
Other revenue information from the release:
Marketing services revenues were flat and fees revenues increased 2 percent,compared to the second quarter of 2009.
Marketing se [...]
Filed in: Yahoo: Business Issues, Yahoo: General, Yahoo: Search Ads
Yahoo’s New Ad Campaign: It’s You!
Sep 21, 2009 at 8:33am ET by Greg Sterling
The Wall Street Journal is reporting that the new consumer-facing Yahoo branding campaign is starting to appear in New York, with a personalization theme: It's You!. According to the article:
Yahoo is planning to reintroduce its battered brand to the public Tuesday with a massive global marketing campaign, according to people familiar with the effort.
The Internet company’s new tagline, according to one of those people: “It’s You!”
The Y in the “You” is the Y from “Yahoo,” and the famous Yahoo exclamation point will pop up too, this person said . . . The global campaign [...]
Filed in: Yahoo: Business Issues, Yahoo: General, Yahoo: Other
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