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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This entry was posted on Wednesday, July 23rd, 2008 at 12:23 pm and is filed under Yahoo. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Tags: economy, net income, second quarter