"We are pleased that revenues, operating income and EPS (earnings per share) have a consensus on this quarter," said Acting Executive Director of Yahoo! Tim Morse."My goal, and that the whole enterprise, is to move the business forward into new technologies, partnerships, products and personalized premium content - all with an eye toward increasing revenue."Share price increased by over two percent to $ 15.82 per share in electronic trading after the report.
Yahoo! continues to strive to become a "first digital media company" after being caught by Google's Internet search market, where he was born.Company of Sunnyvale, California, said that the search is still on top of a new leader to replace Carol Bartz, who was ousted as CEO in September.
Bartz has been described by the government to improve the income of the impatient, because the criticism has been turning a $ 47 billion takeover bid from Microsoft before he joined the company in January 2009.A former CEO of the enterprise software company Autodesk, Carol Bartz was hired to design a recovery in Yahoo!, but was fired in September with more than a year left on his contract.
Morse said the recruitment of a new CEO will "take time" and that the Council is looking at Yahoo! 'the full range of options to return the company to a path of robust growth. "The rumors swirling around Yahoo! in recent weeks that the U.S. technology giant Microsoft that are included, or even the head of the Alibaba China Internet retail food might be interested in purchasing.
"Yahoo! has a leadership problem and Microsoft has invested a lot of money to ensure its success," said independent analyst in Silicon Valley, Rob Enderle."If Yahoo goes under or is bought by a competitor, is a loss for Microsoft."Speculation that Yahoo! may decide to merge with other fallen Internet star AOL buzzing online and in public forums.
After Bartz replaced co-founder Jerry Yang as Chief Yahoo!, Microsoft has signed a contract for its search engine to handle queries on Yahoo!, helping to gain ground on rival Google Bing.But the company still has not managed to exploit its huge presence on the Internet, while Google's stock has risen, Yahoo! is poured, falling as low as $ 11.09 a month before the Council rescinded Bartz in a rift on its direction.Alibaba is 43 percent owned by Yahoo! and is regarded as one of its best assets, but the relationship between the two was leaked earlier this year in a dispute over Alibaba online payment platform Alipay.
Yahoo! has been reorganized its sales force focused on the United States and increasingly separated from his feature-rich online content tailored to the tastes of visitors. '
Yahoo! previously announced an alliance with ABC News to create a giant digital news.Yahoo! News is the top news stories online destination in the United States approximately 80 million unique visitors per month, while ABC News Online, attracting about 20 million.
