Yahoo followed up its acquisition of Tumblr today with a relaunch of a "better, brighter Flickr" at a press conference in New York City. Yahoo CEO Marissa Mayer said she challenged the Flickr team to "make Flickr awesome again." The new Flickr puts photos first. Acknowledging that Flickr had become a mishmash of small thumbnails, links and words, today's launch showcases the new approach to an immersive photo experience. "We want all your photos" Adam Cahan, SVP of mobile and emerging products at Yahoo announced that all photos are full resolution and each user will have a free tera [...]

Related Topics: Channel: Consumer | Internet Marketing Industry: Acquisitions | Top News | Yahoo: Business Issues | Yahoo: Flickr

On a conference call to discuss Yahoo's exceptional $1.1 billion acquisition of Tumblr, Yahoo CEO, Marissa Mayer's admiration for Tumblr's achievements and culture was refreshingly transparent. Tumblr will continue to operate independently, David Karp will remain CEO, and Yahoo has promised "not to screw it up." Tumblr has more than 300 million monthly users and is signing up 120,000 new users per day. The deal is expected to increase Yahoo's total audience by 50% to more than a billion monthly users. Traffic could grow by 20%. In the press release, David Karp, CEO of Tumblr, addressed [...]

Related Topics: Channel: Industry | Featured | Internet Marketing Industry: Acquisitions | Top News | Tumblr | Yahoo: Business Issues

AllThingsD reports the anticipated Tumblr acquisition was approved by Yahoo's board today for the amount of $1.1 billion. Kara Swisher from AllThingsD said the deal was a "foregone conclusion and was an unanimous vote" by Yahoo's board. They plan to announce the deal tomorrow, Monday, morning. This will be Marissa Mayer's largest acquisition as the CEO of Yahoo. It appears Tumblr will remain as a standalone brand, similar to the Flickr brand. The Wall Street Journal adds that it is not clear if the Tumblr board has approved the deal as of yet. Tumblr was founded in 2007 as a microb [...]

Related Topics: Channel: Industry | Top News | Tumblr | Yahoo: Business Issues

Yahoo announced yesterday that it had prevailed in an appeal of a $2.75 judgment in Mexico obtained by former joint venture partners: The appellate decision overturned all monetary awards against Yahoo! Inc. and reduced the monetary award against Yahoo! Mexico to $172,500. Yahoo! Mexico was awarded $2.6 million in the original judgment, and this award was confirmed by the appellate decision. The plaintiffs may appeal this decision. The litigation began in November 2011. Plaintiffs were Worldwide Directories and Ideas Interactivas. The case arose from the termination of a joint venture agreem [...]

Related Topics: Channel: Industry | Yahoo | Yahoo: Business Issues

Yahoo is trying to buy social blogging platform Tumblr for $1 billion (or more). That would represent about a third of the company's existing cash -- though it stands to make more cash from its remaining Alibaba stake. It's a big bet and the type of high-impact acquisition that Marissa Mayer has wanted to make since becoming CEO of Yahoo. Why buy Tumblr? The reasons are almost self-evident. Yahoo is a media/content company whose primary revenue source is display advertising. Tumblr is a massive user-generated content machine with a huge audience and page views (read: inventory). It's a t [...]

Related Topics: Channel: Social Media | Features & Analysis | Top News | Tumblr | Yahoo | Yahoo: Business Issues

Yahoo announced a partnership with Twitter today to include real-time tweets from media outlets, politicians and celebrities in the Yahoo homepage newsfeed. In a post titled "@yahoo delivers #bestoftheweb," Yahoo CEO Marissa Mayer said users will see "relevant and personalized Tweets alongside stories from Yahoo! and other sources." Users will be able to follow tweet sources by clicking on the "Follow" button displayed in the tweets. It is not yet clear how the tweet personalization will function, but one would think that users who are signed in to Yahoo and or Twitter will be served mor [...]

Related Topics: Channel: Industry | Featured | Twitter | Twitter: Business Issues | Yahoo | Yahoo: Business Issues | Yahoo: News

Microsoft has effectively renewed its search vows with Yahoo a second time, pledging once again that Yahoo will indeed earn a high "revenue per search" that was promised back when the alliance was made in 2009. That's not going to happen. When the latest extension expires in a year, the expected RPS still won't be reached. Microsoft will either renew again or Yahoo will walk away, if it can. All About RPS Yahoo Extends Microsoft Search Deal & Revenue Guarantees is our story on Search Engine Land today that covers how Microsoft is extending a part of its deal with Yahoo about "revenue pe [...]

Related Topics: Channel: Industry | Features & Analysis | Internet Marketing Industry | Microsoft: Business Issues | Top News | Yahoo: Business Issues

Yahoo announced today that it is retiring five of its products at the end of this month, including Upcoming, Yahoo Kids and Yahoo Deals. Older versions of Yahoo Mail will be disabled as well on June 3. In an attempt to narrow their focus, Yahoo stated they wanted to put their energy into building "beautiful products," citing Yahoo Mail for iPad and Android tablets, and Yahoo Weather for iPhone, which were both introduced this week. Upcoming, Yahoo's events and calendar tool, will be cease to exist as of April 30, 2013, along with its API support. Other products scheduled to retire this m [...]

Related Topics: Channel: Content Marketing | Yahoo | Yahoo: Business Issues | Yahoo: Mobile | Yahoo: News

This morning, Yahoo introduced its improved Mail app for Apple and Android tablets and a new weather app for the iPhone. The Mail app is a larger, tablet-optimized version of the Mail app that was introduced for the iPhone in December. Yahoo's new mail apps put Yahoo Mail's quality and functionality on par with Google's mail apps and will help increase mobile usage and retain Yahoo Mail users. The weather app, however, is not just "workmanlike" but offers a visually rich environment and should grow usage on the iPhone. The Android version of Yahoo Weather is similarly immersive, but not [...]

Related Topics: Channel: Industry | Yahoo | Yahoo: Business Issues | Yahoo: Flickr | Yahoo: Mobile

Yahoo released its Q1 2013 earnings report today, announcing GAAP revenue of $1,150 million for the quarter, a 7 percent decrease from Q1 2012. You can see a complete list of financials and key metrics from the Yahoo Q1 2013 Financials Highlight presentation in the table included below. "I'm pleased with Yahoo's performance in the first quarter. We saw continued stability in our business, strengthened our team, and started the year with fast execution against our products and partnerships," stated Yahoo CEO Marissa Mayer in an announcement released today. She continued to say she is confide [...]

Related Topics: Channel: Industry | Yahoo | Yahoo: Business Issues

Less than a year into her time as Yahoo's CEO, Marissa Mayer says the company is wrapping up its first "sprint" -- a focus on changing perceptions about Yahoo as a workplace and improving the quality of the company's workforce. Speaking today on the company's Q1 earnings call, Mayer said Yahoo has already implemented 567 employee-focused initiatives across the company, and things are changing for the better. She said the company's data shows that more people are planning to work at Yahoo, and more are staying. In the first quarter of the year, Mayer said, Yahoo received triple the amoun [...]

Related Topics: Channel: Industry | Yahoo | Yahoo: Business Issues

Earlier in the week, I speculated that Yahoo might be able to follow Facebook's lead and create a Home-like proprietary software layer on top of Android. But, there would be risks in doing so. An alternative way to boost mobile usage and traffic might be to deepen an existing partnership with another operating system that has massive reach: iOS. The Wall Street Journal (WSJ) is reporting this afternoon that Apple and Yahoo are having a conversation, with no deal imminent, to expand the amount of Yahoo content available to Siri and pre-loaded on Apple devices. According to the WSJ: But [...]

Related Topics: Apple | Apple: iOS | Apple: iPhone | Apple: Siri | Channel: Mobile Marketing | Yahoo | Yahoo: Business Issues | Yahoo: Mobile

Facebook Home is slated for release this week, and blogs are abuzz with news that a pre-release version has leaked ahead of the official April 12 launch. It's reportedly buggy, so better to wait. Despite some early indications that Home may face an uphill climb, it could prove to be popular with die-hard Facebook users. We'll soon see. But, last week's frenzy and coverage surrounding Home got me thinking about another company with significant mobile aspirations: Yahoo. Let me qualify what I'm about to say. I'm not a developer or engineer, so I can't assess the technical challenges or fe [...]

Related Topics: Channel: Industry | Top News | Yahoo | Yahoo: Business Issues | Yahoo: Flickr | Yahoo: Mobile

For the first time in several years, Yahoo saw their net US ad revenue grow in 2012, reaching $3.18 billion. eMarketer forecasts this upward swing to continue, with Yahoo's net US ad revenues climbing to $3.28 billion by the end of the 2013. According to a report released by eMarketer, the forecasted 2013 numbers are based on Yahoo's Q4 search revenues coming in far higher than expected. With the continued management restructuring and investments at Yahoo, eMarketer estimates the company's net US search ad revenues to reach $1.23 billion this year, a seven percent climb from 2012. eMarke [...]

Related Topics: Channel: Content Marketing | Google: Business Issues | Google: Display Advertising | Yahoo | Yahoo: Business Issues | Yahoo: News

Yahoo has acquired mobile app Summly, which was founded by UK teen Nick D’Aloisio. He was 15 then; he's 17 now. Summly is not unlike Zite or Flipboard. It's a mobile app that aggregates and formats news content from numerous publishers and offers elegant "summaries" of those articles. AllThingsD reported that the acquisition price was "close to $30 million." Founder D’Aloisio and the Summly team will join Yahoo. However, the Summly app will disappear, starting today. This is both an "acqu-hire" and a technology acquisition for Yahoo, which will incorporate Summly's capabilities into [...]

Related Topics: Channel: Industry | Top News | Yahoo | Yahoo: Business Issues | Yahoo: Mobile

Yahoo! announced expansion plans to their Dublin, Ireland operations center and their data and customer care facility located in Lockport, New York. More than 200 employees will be added over the next 12 months in Dublin to support business operations in the Europe, Middle Eastern and Africa (EMEA) region.  The Lockport facility intends to add 115 new jobs. In a statement released by Yahoo!, Ireland's Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, confirmed that the expansion will more than double Yahoo!'s existing Dublin workforce, stating, "Today's announcement that Yah [...]

Related Topics: Channel: Content Marketing | Yahoo | Yahoo: Business Issues | Yahoo: News

In case you hadn’t noticed, Yahoo ranks number one for “Yahoo sucks.” Everyone in the digital marketing business knows it sucks, and efforts to turn the place into Google have yet to achieve fruition. Sure, the stock got a bump when Marissa came in, but that’s largely due to her status as one of the original Googlers. Home page redesign and human resource parlor tricks like that free lunch thing aside, Yahoo’s corporate culture is akin to the Balboa camp right after Mr. T pounded the stallion into submission in Rocky 3. Nothing To See Here They need to turn this ship around a [...]

Related Topics: Channel: Search Marketing | Search Marketing Column | Yahoo: Business Issues

The benefits and drawbacks of working from home -- or having employees working from home -- has been a big topic of discussion in the online advertising and publishing worlds, ever since new Yahoo CEO Marissa Mayer told the company's telecommuters to come into an office or say bye bye to their jobs. One contrary point of view came from an interesting and influential voice this week -- WordPress founding developer Matt Mullenweg, who was interviewed by AllThingsD's Kara Swisher at SXSW Interactive. "Why are so many companies set into this factory model?" Mullenweg asked. "Find the best pe [...]

Related Topics: Blogging | Channel: Content Marketing | Yahoo: Business Issues

Kara Swisher reports that Yahoo has made a decision to require all their employees to work within a Yahoo office. So for all those hundreds of work-at-home employees, you either start figuring out how you will get to work every day or find a new job. The internal memo explains that Yahoo is making this change to increase the speed and quality of the work. Yahoo said that "speed and quality are often sacrificed when we work from home." Yahoo goes on to explain that working side-by-side with your fellow Yahoo employees fosters communication and collaboration which can lead to new ideas, be [...]

Related Topics: Channel: Industry | Yahoo: Business Issues

We've known for quite some time that Yahoo was preparing to relaunch its homepage. We saw early evidence several months ago in screenshots and even more recently "in the wild." But today, the "new Yahoo" is officially starting its rollout in the US. Overall, the new homepage has an updated but similar look, with a range of visual and structural changes. For comparison, here is an image of the "old" Yahoo homepage, which is still live for most people: Below is the new homepage (screenshot provided by Yahoo). The colors, the fonts, the icons and other elements of the page are slightly [...]

Related Topics: Channel: Content Marketing | Top News | Yahoo | Yahoo: Business Issues | Yahoo: Mobile | Yahoo: News