At long last, Yahoo has announced a plan to monetize its stake in Chinese internet company Alibaba. It's complicated, and it will be in stages, but the process has begun, and Yahoo says it will get about $7.1 billion in short order, via Alibaba's repurchase of half of Yahoo's stake in the company. Yahoo's remaining stake in Alibaba will be disposed of over time.   Here is the full press release: SUNNYVALE, Calif. & HANGZHOU, China--(BUSINESS WIRE)-- Yahoo! Inc. (NASDAQ:YHOO) Continue Reading

  Yahoo’s embattled CEO Scott Thompson has stepped down from his job at the Silicon Valley Internet giant, in what will be a dramatic end to a controversy over a fake computer science degree that he had on his bio that the internet has been reading about over 2 weeks.   But the evolving crisis centered on his botched resume, and how he handled the thorny issue is clearly the key reason for the abrupt leaving. Thompson is now replaced by  Yahoo’s global media head Ross Levinsohn, Continue Reading

Dan Loeb, the largest investor at Yahoo is alleging that CEO Scott Thompson lied to shareholders and the SEC about getting a computer science degree and is calling on the board to take immediate action. The letter also accuses Director Patti Hart of misrepresenting her degree from Illinois State University as one in marketing and economics though she actually got a degree in business administration. Loeb, the CEO of Third Point, which owns 5.8% of Yahoo, wrote that he discovered that Thompson Continue Reading

  Yahoo! Small Business today announced the launch of Yahoo! Marketing Dashboard, a free tool that helps entrepreneurs discover new marketing opportunities to grow their businesses, while getting a clear picture of their marketing results, online reputations, and website performance, all in one place. Designed specifically with the small business owner in mind, the Yahoo! Marketing Dashboard provides a clear, consolidated picture of a business’s marketing results and reputation, making Continue Reading

    Counter-countersuit! Yahoo today claimed that the patents Facebook is countering its original patent infringement lawsuit against the social network with “were acquired by Facebook for purposes of retaliation”, and therefore violate the U.S. Patent Office’s “Duty of Disclosure, Candor, and Good Faith” and should be diregarded by the court. Yahoo also claims Facebook couldn’t legally know enough about its business to know if it was violating Facebook’s patents, that Continue Reading

REDMOND, Wash. and MENLO PARK, Calif. — April 23, 2012 — Microsoft Corp. and Facebook announced today a definitive agreement under which Microsoft will assign to Facebook the right to purchase a portion of the patent portfolio it recently agreed to acquire from AOL Inc. Facebook has agreed to purchase this portion for $550 million in cash. In the initial AOL auction, Microsoft secured the ability to own or assign approximately 925 U.S. patents and patent applications plus a license to AOL’s Continue Reading

        Yahoo today confirmed this morning it plans to cut 2,000 jobs, or 14% of its 14,000 work force. One of the once biggest companies of technology is on the verge of collapse and the newly instilled CEO Scott Thompson is taking measures to bring back the ailing empire back to its roots of pioneering great internet based services.   Here’s CEO Scott Thompson’s letter to employees: Yahoos – Today we are restructuring Yahoo! to give ourselves the opportunity Continue Reading

    Last month we reported about Yahoo suing Facebook for its social patents. In a response, today Facebook has counter-claims against Yahoo for infringing 10 patents it owns. Facebook says the following Yahoo properties violate its patents : Yahoo Home Page, Yahoo’s Content Optimization and Relevance Engine (“C.O.R.E.”), the Yahoo Flickr photo sharing service, and advertisements displayed throughout Yahoo. Facebook’s legal response and full counter-claim can be seen here and Continue Reading

This post was first published on the Kissmetrics blog and written by Kristi Hines who is a freelance writer   How to Use SEO Site Tools for Google Chrome   First off, if you don’t have Google Chrome installed, you can download it for free. It works on Windows, Mac, and Linux based machines. Then you will need to install the SEO Site Tools extension on your browser.   Once installed, you will see a magnifying glass icon along the top of your Google Chrome browser.   Continue Reading

    The war on social networking has begun and finally after months of meetings Yahoo on Monday Sued Facebook over it’s 10 patents on social networking. The complaint was filed in the U.S. District Court in San Jose, California. Yahoo innovated on several fronts, including messaging, news feed generation, social commenting advertising display, preventing click fraud and privacy controls and has alleged Facebook on violating its intellectual property. “Facebook was not launched Continue Reading

    Yahoo, once the biggest name on the web and a ailing company hoping to be rescued, has demanded licensing fees from Facebook for use of its technology and social patents which the company says Facebook infringes after almost 8 years.   Yahoo alleges that Facebook’s ads, privacy controls, news feed and messaging services are infringing its patents, according to a source briefed on the matter and Yahoo demands dollars in return for licensing.   Yahoo said other companies Continue Reading

Yahoo, the company that millions depend upon but has been on the verge of collapse is getting a chance to breathe fresh air. Finally! The once internet giant, has been in the negative press lately as it has lost its charm in innovation and retaining good talent. Most of it was blamed on bad leadership and a very pathetic board. Now that all is about to change. Last month co-founder and ex-CEO Jerry Yang resigned for good form the company.   Scott Thompson, Ebay’s ex-president was hired Continue Reading

The smart people at KISSmetrics put together this infographic on the future of paid search, and we couldn’t help from sharing. Though the infographic is from August, it offers valuable insight into the present and future of paid search.  Google alone made $37.9 billion dollars in 2011, 96% of which came from advertising. It’s impossible to ignore the future of paid search, and it’s dangerous to discount it as a business.     Leave us your comments…   Via Trada Continue Reading

SUNNYVALE, California -- Yahoo! Inc. (NASDAQ: YHOO), the premier digital media company, today announced that Jerry Yang has resigned from its Board of Directors and all other positions with the company, effective today. In addition, Yang resigned from the Boards of Yahoo Japan Corporation and Alibaba Group Holding Limited, effective today. In a letter to the Yahoo! Board Chairman Roy Bostock, Yang wrote: "My time at Yahoo!, from its founding to the present, has encompassed some of Continue Reading

SUNNYVALE, Calif. -- Yahoo! Inc. (NASDAQ: YHOO), the premier digital media company, today announced the appointment of Scott Thompson as Chief Executive Officer, effective January 9, 2012 , at which time Tim Morse will resume his role as Chief  Financial Officer. Thompson has also been appointed to the Company's Board of Directors, effective January 9, 2012. Last year Yahoo fired Carol Bartz and Tim Morse was serving as interim CEO. Thompson served most recently as President of PayPal, a Continue Reading