Earlier today, Yahoo reported its first-quarter earnings, which showed revenue and earnings declines, which the Silicon Valley Internet portal said was due to its search and advertising partnership with Microsoft.
Here’s more deets to peruse and numbers to crunch–in order to figure out whether to blame Microsoft CEO Steve Ballmer or not.
39 posts and columns on Microhoo
Yahoo announced its first-quarter earnings today, showing a continued worrisome revenue growth stall, due in large part to declines in search revenue from its partnership with Microsoft. The Silicon Valley Internet giant reported revenues of $1.06 billion, down six percent from a year ago, on net earnings of 17 cents a share, down 28 percent.
Will Yahoo’s revenue growth drought finally end this quarter? We’ll see tomorrow when Yahoo reports its first-quarter earnings, after the markets close. As usual, investors will be looking for some sign that the Silicon Valley Internet giant’s lackluster revenue results have improved in CEO Carol Bartz’s over-promised but still under-delivered turnaround effort.
Digital's Deadliest Catch, Part Two: The MicroHoo Search Transition Team's Nelson and Morrissey Speak!Yesterday, BoomTown posted Part One of an interview with Microsoft’s Greg Nelson and Yahoo’s Mark Morrissey. They are in charge of a two-year effort to coordinate a massive search and online advertising partnership, the result of a deal the companies struck last year. Here’s the second part of the hour-long chat we had.
“Microsoft eats, sleeps and drinks search,” said one Yahoo source to me this week. “And we just don’t.” That was one very stark way of explaining why Yahoo, the No. 2 search player, continues to lose market share in the lucrative online arena, even as Microsoft’s Bing service has been slowly gaining. With new features, integration and marketing, the Internet giant said it will be turning that around soon. But the question remains: How long does Yahoo have to do so?
Yahoo Adds New Privacy Tool for Users Today, Just as FTC Privacy Hearings Start (and Microhoo Regulatory Approval Is Pending)Yahoo announced a new consumer tool this morning, called “Ad Interest Manager,” that gives users a “central place where Yahoo! visitors can see a concise summary of their online activity….” What fortuitous timing, since the first of three of the Federal Trade Commission’s “Exploring Privacy: A Roundtable Series” begins this morning in Washington, D.C. And, of course, the bigger backdrop is the pending regulatory approval of the massive search and advertising partnership with Microsoft.
While in Washington, D.C., BoomTown can’t just visit the policy wonks from Internet companies, so I paid a visit to Jeff Chester, the executive director of the Center for Digital Democracy, a nonprofit consumer advocacy group that works to promote privacy and protection online. In other words, a professional–and much needed–thorn in the side of Facebook, Google and these days, MicroHoo.