It appears that the new boss of Yahoo, Carol Bartz, has helped the business turn the financial corner. Job cuts and a focus on core businesses has seen Quarter 3 profits rise.
Read more here:http://business.timesonline.co.uk/to...cle6883214.ece
The good financial news has to be tempered with the realisation that Yahoo had run up the white flag in the search business. Search revenues fell 19% compared to Q3 2008. Google managed an 8% rise for Adwords over the same period.