Yahoo

Yahoo Plans to Lay Off 1,000 Employees

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The financial status of Sunnyvale-based company Yahoo Inc went down further in the end of 2007 and as a result, the company has planed to lay off 1,000 of its employees.
 
However, Yahoo has not informed which areas of expertise would be reduced. It should be noted that Yahoo chucked out 650 employees way back in 2000 during the dot-com break down.
 
Yahoo Inc earned $205.7 million, this would be a 15 cents per share, during 2007’s final three months, a 23 percent drop from net income of $268.7 million, or 19 cents per share, at the same time in 2006.

With these bad statistics on Yahoo, analysts has alerted investors to expect the worst. The pessimism prompted analysts, on average, to project earnings of 11 cents per share for the period.
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Yahoo

Slurps Hit Sites Repeatedly!

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Some webmasters have noticed that Slurp (Yahoos Spider) is hitting their site for almost an hour with over 1000 requests, most of these referals from Overture Advertisements. However, its been reported that the PPCs are not being charged. However, rumours are that these might be some illicit IP addresses trying to gain income through PPCs. The Ips were from Inktomi.

66.196.92.14
66.196.92.17
66.196.92.19