Yahoo is acquiring Hitpost, the developer behind sports-themed mobile social applications including Sports Bet and Fantasy Football Polls. Financial terms were not disclosed.
Recycled account IDs released by Yahoo could represent a security risk for their former users, according to a report on InformationWeek. At least one user who benefited from the move to return abandoned email addresses into active use has reported receiving emails containing confidential information meant for the former account owner.
Without a hint of irony, Microsoft CEO Steve Ballmer accused Google of having a monopoly in search and suggested U.S. authorites should investigate.
Yahoo now welcomes 800 million monthly active users worldwide (excluding traffic across its Tumblr social networking platform), up 20 percent since former Google executive Marissa Mayer took over as CEO in July 2012.
Yahoo is launching Screen, a video application optimized for Apple's iOS, in tandem with eight new original digital comedy series featuring Hollywood talents including Jack Black, Ed Helms and John Stamos.
Yahoo is adding filter enhancements to its photo sharing application for Apple's iOS, positioning the service as a rival to Facebook's popular Instagram.
Yahoo, which has been something of a media darling since hiring Marissa Meyer as CEO, made a big splash mid-month by topping ComScore's chart as grabbing the most web traffic in the United States across its broad array of sites. Now, The Verge notes that the report was all wet.
Earlier this year, Yahoo CEO Marissa Mayer decided that employees would no longer be able to telecommute. Would Mayer be open to Yahoo employees telecommuting using a robotic avatar?
After gaining share for a number of months, Bing was unchanged in the latest comScore search engine marketshare statistics.
Yahoo continued its acquisition spree by scooping up social browsing startup Rockmelt. Financial terms were not announced, although AllThingsD reports the deal is valued between $60 million and $70 million.