Yahoo to announce more jobs cuts as industry braces for tough economy (Vietnam Net)

Sunday, October 19th, 2008

Yahoo is expected to announce more job cuts when it reports third-quarter earnings next week, as Silicon Valley’s Internet companies scramble to streamline themselves to face a tough economy, sources said Saturday.

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Google Profit Jumps 26 Percent (Washington Post)

Saturday, October 18th, 2008

Search giant Google beat analyst estimates yesterday when it reported a 26 percent increase in third-quarter profit, bolstering the company’s claim that online advertising will hold up in a slowing economy.

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Yahoo?s Mixed Results May Not Tip Scales (New York Times)

Wednesday, July 23rd, 2008

With the slowing economy taking a toll on the online advertising business, Yahoo said Tuesday that its net income dropped by nearly 19 percent in the second quarter from a year ago as revenue grew at a sluggish 6 percent rate.

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