Wednesday, May 8, 2013

YHOO: Yahoo (YHOO +1.7%) roundup: 1) Even as it...

2:28 PM Yahoo (YHOO +1.7%) roundup: 1) Even as it remains stuck with Bing, Yahoo is planning to overhaul its search services, particularly for mobile. "We’ve got some really cool things in the pipeline," says search chief Laurie Mann. StatCounter estimates Yahoo's mobile search share was only 3.46% in April, though that's up from 2.00% a year ago. 2) Marissa Mayer says Yahoo wants to offer a "tiered" content strategy involving a small amount of original material to go with larger volumes of 3rd-party and user-generated content. 3) Yahoo recorded $270M in Q1 gains related to yen hedges meant to lower Yahoo Japan-related forex risk. (Hulu) (Alibaba) (Microsoft) Read comments

YHOO price at time of publication: $26.52. Check YHOO price now »

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