According to both All Things Digital and Tech Crunch, billionaire financier Carl Icahn bought up another 6.7 million shares of Yahoo earlier this week. Icahn owns Yahoo stock that has lost about $900 million in value since he bought about five percent of Yahoo earlier in the year.

Whether Yahoo is close to announcing a new [...]

Jerry Yang has decided to step down as CEO of Yahoo! While Jerry has received a bashing this last year over his decision to pass on the Microsoft deal, Yahoo is still one of the most trafficked sites on the Web -“and still makes more profits than most companies in the sector.”

Yang announced that “I’ll [...]

Erick Schonfeld at TechCrunch published an estimate on the current slowdown in advertising revenue generated by Google, Yahoo, Microsoft, and AOL. The sequential growth rate was 12.7 percent in the fourth quarter of 2007, down to 2.8 percent in the first quarter of 2008, 1.1 percent in the second quarter and down to an estimated [...]

Yahoo! recently confirmed it would cut it workforce by “at least” 10 percent of its global workforce. At the recent Web 2.0 Summit, CEO Jerry Yang talks to John Battelle about the failed Microsoft merger, and the future of Yahoo!

Battelle opens his interview with “so Jerry, besides Yahoo!… how’s things going?” As Yahoo’s stock has [...]

Google announced it will be ending it’s advertising agreement with Yahoo today. Yahoo was exploring “the option of using Google to provide ads on its websites (and its publisher partners’ sites) in the U.S. and Canada.”

What this will mean for Yahoo in the long run is hard to tell at this point. We might see [...]

Time Warner, who it seems is seeking to cut costs and streamline operations, has had plans to split off AOL’s Internet access business from its Web site and online advertising business since July this year.

Silicon Alley Insider however, reports that plans to sell AOL to Yahoo! have stalled due to several possible deal structures. A [...]

Michael Arrington over at TechCrunch announced the possible merger of AOL and Yahoo! Arrington claims the merger could take place as soon as this month. It seem that AOL’s parent company TimeWarner is anxious to see this deal succeed.

While such a merger could prove an effective way for AOL to monetize its [...]