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Latest Yahoo! Inc News and Updates

Why HP resorted to layoffs to reduce its costs
Social, mobile, analytics, and cloud (or SMAC) is a disruptive technology that’s transforming the current IT environment at a rapid pace. Many technology leaders, who failed to acknowledge its importance or were slow in embracing it, are suffering. HP has been impacted by SMAC.
Why Yahoo’s revenue continues to decline
The mobile advertising market is expected to grow at a faster rate than the overall digital advertising market.

Why Facebook stopped using Bing for its web search results
The company has now stopped including results from Microsoft’s Bing search engine through the Facebook search.
JAT Capital ups its position in Yahoo
Yahoo! Inc. is a global technology company that provides a variety of products and services. Recently, Yahoo shares climbed higher on third-quarter earnings and revenue that beat analyst estimates.

Farallon Capital sells stake in Yahoo!
Farallon Capital Management sold its position in Yahoo! Inc. (YHOO) during the third quarter. The stock accounted for 3.39% of the fund’s total 2Q14 portfolio.
Facebook’s Audience Network helps expand its mobile reach
Audience Network benefits not just Facebook, but developers too. By helping developers manage ad inventories, apps can be more readily monetized.

Key takeaways from the online advertising industry
The online advertising industry is growing at a much faster pace. This is an exciting opportunity for advertisers and marketers around the world.

Why display advertising is still a challenge for Yahoo
Yahoo’s other area of core business is the display advertising business. It hasn’t been performing well. In 3Q14, its revenue declined by 6% YoY.

Yahoo’s Tumblr Outshines Instagram in User Growth
Yahoo plans to make Tumblr similar to YouTube and is trying to convince some of Google’s top YouTube stars to make Tumblr their exclusive video distributor.

Where Is Facebook Investing Heavily?
Facebook has been hiring new talent and investing heavily in improving user experience on Instagram, WhatsApp Messenger, and Messenger. Instagram is expected to churn big money for Facebook.

Facebook Ready to Monetize Instagram—Are Users Ready?
Initially, Facebook had posted restrictions on the content being marketed on Instagram, and this made Instagram unique on social media.

Tumblr helped Yahoo increase its user engagement
User engagement is an important parameter for Internet companies. It helps drive ad pricing. Tumblr is helping Yahoo increase its user engagement.

Must-know: Why Tiger Global increases stake in Vipshop
Tiger Global increased its stake in Vipshop Holdings (VIPS) which now accounts for 4.54% of the fund’s 1Q14 portfolio.

An overview of what to expect from Yahoo’s 4Q14 earnings
Yahoo (YHOO) is expected to announce its fiscal 4Q14 earnings on January 27, 2015. Yahoo had robust third quarter results. Its revenue was $1.09 billion.
Why mobile audiences will drive Yahoo’s business
Yahoo now has more than 430 million monthly mobile users—30% growth year-over-year—and more than half of Yahoo’s total monthly audience is on mobile.
Christian Leone’s Luxor Capital adds a new position in Yahoo
Recently, Yahoo shares went higher after third quarter earnings and revenue beat analyst estimates. Third quarter profit rose to $6.77 billion.
Must-know overview of Facebook’s 3Q14 earnings
According to a report from eMarketer, and as the chart above shows, Google has about a 31% share in the worldwide digital advertising market, followed by Facebook at ~8%.
Must-know: Why is Yahoo undervalued versus its competitors?
Yahoo’s trailing P/E is almost in line with its peers but it’s below Google (GOOG), Facebook (FB), and Chinese Internet giant Baidu (BIDU).

Yahoo Is Looking to Increase User Engagement on Yahoo Mail
In addition to its partnership with Paperless Post, Yahoo (YHOO) also launched contact cards in Yahoo Mail to increase user engagement.

Will Yahoo’s Firefox deal grow its mobile search market share?
Yahoo’s mobile search business continues to increase at a fast rate. It shows that the company’s investments in mobile are finally paying dividends.
Mozilla Firefox to replace Google with Yahoo
Mozilla Firefox has a relatively smaller share of the browser market. But its decision to replace Google with Yahoo will hurt Google.

Strong Earnings Growth Helps Keep NASDAQ Valuations Attractive
The promise of technology stocks has translated into solid deliverables with strong earnings growth.

Dan Loeb’s Third Point Partners buys a position in CF Industries
Third Point initiated a new position in CF Industries (CF) last quarter that accounts for 3.70% in the fund’s total 1Q portfolio.

Event-Driven Strategy in a Volatile Market
Event-driven strategy is designed to make an investment in special situations, including mergers and acquisitions, restructuring, split-offs, bankruptcy, and other major events.

Point72 raises its position in Weatherford International
Point72 Asset Management, previously SAC Capital, added to its position in Weatherford International (WFT) in 2Q 2014. The position accounts for 1.03% of the fund’s 2Q portfolio, up from 0.55% in 1Q14.

Luxor starts new position in Melco Crown Entertainment
Melco’s net revenue for the second quarter of 2014 was $1.19 billion, down approximately 7% year-over-year.

Facebook’s slow user growth isn’t a concern
Despite the slow user growth, Facebook continues to be the leading social network in terms of monthly active users.

JAT Capital opens new position in Ctrip.com
Ctrip.com International, Ltd., or Ctrip, is a leading travel service provider of accommodation reservations, transportation ticketing, packaged tours, and corporate travel management in China.

Why Magnetar Financial initiates new position in Rowan Companies
First quarter results beat estimates despite a decline in earnings and revenue.

Yahoo’s strategic partnership with Mozilla
On November 19, 2014, Mozilla entered into a five-year strategic partnership with Yahoo (YHOO). It made Yahoo the default search engine for Firefox users in the US.

Why Magnetar Financial disposes position in EQT
The company missed on 4Q13 earnings and revenue back in February.

JAT Capital sells its position in Vipshop Holdings
According to a Bloomberg report in March, Vipshop’s Guangzhou-based share price doubled this year after surging 369% in 2013. This was the biggest advance on the Bloomberg China-U.S. Equity Index.

Why did Viking Global Investors establish a position in Cemex?
Viking Global Investors opened a new position in Cemex SAB de CV.

The evolution of online advertising
Since its inception in the early 90’s, online advertising has exponentially increased in growth.

JAT Capital’s activist stake in Madison Square Garden
In its latest amended filing to SEC, JAT Capital revealed it has an activist stake equal to 9.36% of the company’s shares outstanding. It upped its stake to 5.96 million shares, pushing the company’s management harder to consider strategic alternatives.

JAT Capital starts a new position in Zillow
Zillow, Inc. operates the leading real estate and home-related marketplaces on mobile and the Web. Zillow reported quarterly revenue of $88.6 million, up 66% over 3Q 2013.

Luxor Capital adds new position in Orbitz Worldwide
Orbitz net revenue rose 10% year-over-year to $248.1 million in 2Q14 as a result of higher hotel, vacation package, car, and air transaction volume.

Luxor Capital ups stake in RCS Capital
RCAP, which has a ~$1.24 billion market cap, is an investment firm that focuses on the retail investor.

Luxor Capital adds to position in BJ’s Restaurants
In 3Q14, BJ’s total revenues increased 9.7% to $206.5 million and net income rose 77.7% to $6.5 million.

Luxor Capital raises stake in Altisource Portfolio Solutions
Altisource Portfolio Solutions and its subsidiaries are a premier marketplace and transaction solutions provider for the real estate, mortgage, and consumer debt industries.

Luxor Capital ups position in Altisource Asset Management
Altisource Asset Management’s primary business is to provide asset management and certain corporate governance services to institutional investors.
Luxor Capital’s new positions in 2Q14
As of the end of 2Q14, Luxor Capital’s U.S. long portfolio was worth $5 billion, slightly down from $5.07 billion in 1Q14.
Must-know: What Google’s mixed 2Q results indicate
Although Google’s revenues were better than expectations, the growth still isn’t fast enough.
Why more competition from digital media hurts TV ad sales
According to a report by the Interactive Advertising Bureau, Internet ad revenues grew 17%, to $42.8 billion, in 2013 compared with 2012, while overall TV ad spending remained stagnant.

A must-know investor’s guide to Russia’s web giant, Yandex
The Netherlands-headquartered Yandex is presenting tough competition to Google Inc. (GOOG) in Russia, as search engine yandex.ru is the largest Internet search service in Russia.

Do Low Interest Rates Inflate Asset Prices?
On January 26, financial adviser Andy Chase told CNBC’s Mike Santoli that equity valuations are at an all-time low. Chase believes that stocks provide the strongest investment opportunity in 2017.

How Instagram Became a Great Strategic Fit for Facebook
Facebook acquired Instagram, a photo-sharing app, in 2012 for approximately $1 billion in cash and stock.

How Pinterest Will Create More Value for Advertisers
Pinterest is expanding its self-serve advertising feature to allow advertisers to place ads without any help from advertising sales representatives.

What Are Analysts’ Recommendations for Yahoo?
Out of 43 analysts covering Yahoo, 26 have “buy” recommendations, none have “sell” recommendations, and 17 have “hold” recommendations on the stock.

WeChat Gives Tough Competition to Facebook
Despite its high number of online users, Facebook keeps an eye on Tencent’s WeChat features to improve its messaging app.

Yahoo! Hogged the Limelight as it Made Its Way in SPY
On Wednesday, December 2, 2015, the stocks at the top of the SPDR S&P 500 ETF (SPY) were Avon Products (AVP), Yahoo! (YHOO), and Qualcomm (QCOM).

Macroeconomic Factors Affecting Technology Stocks in 2015
In this series, we’ll analyze the YTD performance of firms in the Technology, Hardware, and Storage subsector and that are a part of the Technology Select Sector SPDR ETF (XLK).

Healthcare Sector Recovery, Led ETF by 0.92%
The healthcare sector rebounded on Tuesday, September 29, after being rattled the week prior.

Instagram Ads Exceed Facebook in Click-Through Rate
Instagram reported its click-through rate of 1.50% for the month of August to date. This is almost double Facebook’s rate. Instagram clearly has the potential to churn out big money for Facebook.

Why Did Google Create Alphabet?
The main objective of Alphabet is to streamline its varied businesses and focus on opportunities for new initiatives under the Google brand.

GoPro’s Market Shares and Earnings Trend
In the camcorder market, GoPro (GPRO) has the leading market share of 47.50%. It’s followed by ION, Sony (SNE), and Polaroid.

What Does Facebook’s High Price-to-Earnings Ratio in May Tell Us?
In May 2012, Facebook’s stock price was $38, and its PE ratio was 80.0 x. The ratio reached an all-time high of 7,930x, when net income dropped to $53 million that year.

Does Earnings and Sales Growth Lead to More Share Repurchasing?
IBM has in fact been decreasing the degree of its share repurchasing activity since 2014, as the number of shares outstanding is now below $1 billion.

Oracle Unveils Learning Cloud in March
Oracle Learning Cloud promotes social learning and contextual functions. It aims to educate users in real time with customized recommendations based on skills and job types.

Yahoo Will Continue to Serve Gemini Ads on Its platform
Microsoft will take over the responsibility of selling ads on the Bing platform while Yahoo will continue to sell Gemini ads on its own platform.

JAT Capital Significantly Reduces Position in Facebook
In 4Q14, JAT Capital cut its stake in Facebook (FB). The position represented 2.58% of JAT Capital’s fourth-quarter portfolio.

Gemini Is Becoming a Valuable Business for Yahoo
Yahoo Gemini is a marketplace that combines mobile search and native advertising, helping advertisers manage and optimize their ads.

Why Yahoo Is Hoping to Partner with Apple Safari
Apple’s (AAPL) Safari is the most popular browser on mobile devices, with a 44% market share.

Yahoo’s Native Ads Generate Impressive Q4 Revenue
Yahoo’s native ads generated $106 million in 4Q14, up 32% quarter-over-quarter. Revenue for 2014 of $300 million exceeded company estimates of $250 million.

Why IBM Has Spent Billions in Cloud Acquisitions
IBM (IBM) intends to fuel its growth in the cloud space through the investment of billions of dollars, as well as strategic acquisitions.

Renaissance Technologies starts a new position in Yahoo
In November 2014, Yahoo signed a deal with Mozilla agreeing to replace Google (GOOG) as Mozilla’s default search engine for desktop and mobile devices.

Why US teens leaving Facebook isn’t a major concern
Facebook (FB) is losing lot of its teenage demographic, as teens find the social networking site more mature now and are moving to other popular sites.

Farallon Capital sells stake in Weyerhaeuser Co.
Farallon Capital Management sold its position in Weyerhaeuser Co. (WY) during the third quarter. The stock accounted for 1.16% of the fund’s total 2Q14 portfolio.

Key factors that will likely impact Microsoft’s 2Q15 earnings
Windows 10 is Microsoft’s (MSFT) latest operating system. It launched in January 2015. Its success is a key determinant of Microsoft’s platform.

Analyzing how Yahoo’s products are faring
During the conference call to announce its 3Q14 earnings, management mentioned that Yahoo’s products are doing well. They have new and improved features.

Yahoo plans to deploy its cash by selling its stake in Alibaba
Yahoo (YHOO) had a 23% stake in Alibaba before the IPO. After the IPO, Yahoo retained 383 million Alibaba shares—a 15% stake in the company.

Yahoo’s position in the search market
We’ll look at Yahoo’s search market business. In the third quarter, Yahoo (YHOO) generated 41% of its revenue from the search advertising business.

Farallon Capital ups stake in Covidien
Farallon Capital Management increased its position in Covidien plc (COV) during the third quarter. The stock accounted for 5.06% of the fund’s total 3Q14 portfolio.

Analyzing the future of mobile advertising
Right now, mobile advertising is witnessing healthy growth. However, it will only grow 22% in 2018. The mobile advertising market will likely be saturated by 2018.
Why Starboard believes Yahoo! is “deeply undervalued”
Although Starboard only said that it has analyzed alternative structures for Yahoo, unconfirmed reports noted that the fund is expected to push for a breakup of Yahoo.
Why Google has been able to maintain its search market leadership
Google has maintained its leadership position in the overall digital advertising market mainly on the back of its dominance in the search advertising market.
Assessing Yahoo’s prospects after Alibaba’s initial public offering
Last week, Alibaba (BABA) became a public company in the U.S. stock exchange with its IPO (initial public offering) receiving an overwhelming response. Its stock finished its first day of trading at $93.89—up 38% from the $68 initial price that the company had set.

Steven Cohen’s Point72 Asset Management cuts its stake in Baidu
Point72 Asset Management, previously SAC Capital, slightly trimmed its position in Baidu (BIDU) in 2Q 2014. The position currently accounts for 0.49% of the fund’s 2Q portfolio and is down from 1.64% in 1Q14.
A must-read look at Alibaba Group Holding’s upcoming IPO
This will be one of the biggest IPOs in the recent history of the U.S. stock market. The IPO may value Alibaba at more than $200 billion, which would be closer to the combined market cap of eBay (EBAY) and Amazon (AMZN) at $225 billion.
Why Twitch should boost Amazon’s business in several key ways
Variety first reported that Google (GOOG)(GOOGL) reached a preliminary agreement to buy Twitch for $1 billion. Then Business Insider reported that Yahoo (YHOO) had also made an offer to buy Twitch.

Are SAP’s job cuts really aligned to its “cloud strategy”
During the last four years, SAP hasn’t made any massive job cuts. However, as the company shifts from software programming to cloud computing, workforce reduction seems inevitable.

Why Microsoft laid off 18,000 employees
The layoff, roughly 14% of Microsoft’s full-time workforce, is considered one of the largest in the company’s history.

Social, mobile, analytics, and cloud is driving “big data” growth
Owing to the enormous digital data flow, there’s hardly any field that isn’t likely to be benefited by huge investments in “big data.”
Why Google continues to invest heavily on capital expenditures
The cloud services market is expected to grow from $47.4 billion in 2013 to $107.2 billion in 2017, at a compound annual growth rate of 23.5%.
Overview: Can Yahoo compete in the mobile advertising space?
Yahoo has failed to monetize its mobile advertising business.
Yahoo’s search advertising business is better than its display ad
In the second quarter, Yahoo’s search revenue of $428 million increased by 6%.
Why Yahoo still struggles in the display advertising business
According to a report from eMarketer and as the previous chart shows, Yahoo’s U.S. digital display ad market revenue growth is only expected to be 2% this year.
Must-know: Will Alibaba help Yahoo?
Before the IPO, Alibaba values itself at $130 billion.
Must-know: Yahoo’s 2Q14 earnings were disappointing
The first issue that Yahoo mentioned was the delay in execution of its Yahoo Ad Manager Plus product.
Must-know: Why LinkedIn stock could still be overvalued
The point you need to note here is that LinkedIn expects its sales to range between $2.06 billion and $2.08 billion for full-year 2014.
Why did Facebook’s stock decline 4% on July 8, 2014?
We didn’t expect a 4% fall in Facebook’s stock—especially since the company has been doing well in the online advertising market.
Must-know: Google gains browser market share and Android presence
Google generates more than 90% of its revenue from online advertising. The majority of this revenue come from search advertising.
Browser wars: Google’s browsers surpass Microsoft’s in the US
According to a report from Adobe (ADBE) Digital Index, Google (GOOGL) has surpassed Microsoft (MSFT) in terms of U.S. browser market share.

Why Magnetar Financial exits position in EOG Resources
EOG’s 1Q14 profit was up 34% to $661 million, or $1.21 per share, up from $495 million, or $0.91 per share in the year ago quarter.
Why replacing Google with Bing on Apple devices will affect Google
Bing has managed to increase its market share from 16.9% in March 2013 to 18.6% in March 2014, and its presence on Apple devices would help it gain further market share.
Why Tiger Global increases position in Charter Communication
Tiger Global increased its stake in Charter Communication (CHTR) which now accounts for 2.72% of the fund’s 1Q14 portfolio.

Dan Loeb and Third Point buy a 1Q14 position in Citrix Systems
Third Point initiated a new position in Citrix Systems (CTXS) last quarter that accounts for 2.15% of the fund’s total 1Q portfolio.

Dan Loeb’s Third Point buys a new position in Roper Industries
Third Point initiated a new position in Roper Industries (ROP) last quarter that accounts for 2.26% in the fund’s total 1Q portfolio.
Why Facebook expects its ad revenue growth to slow in Q2
Facebook is well ahead of its direct competitors Yahoo (YHOO), Google (GOOG), and LinkedIn (LNKD) in terms of advertising growth rates, and the company only lags behind Twitter (TWTR).

A key overview of global online travel company Orbitz Worldwide
The Chicago-based Orbitz Worldwide Inc. (OWW) is a global online travel company (or OTC). It recently posted a net loss for the first quarter of 2014 although its revenue grew, driven by hotel bookings.