July 19, 2006
The Elegiac Yahoo
Yahoo is insecure (they ask for user's feedback directly)
Yahoo reported second-quarter sales of $1.12 billion, up 28 percent from $875 million a year ago. Analysts were expecting Yahoo to post sales of $1.14 billion.
Better search? Later
Yahoo has a new search technology, codenamed Panama. They've tested it and decided not to launch it in Q3 as planned, but at the end of the year. Yahoo wants to beat Google by integrating its social networks and tools. Until then, the numbers aren't too pretty.
Yahoo doesn't want DRM anymore (it's too expensive)
"Our position is simple: DRM doesn't add any value for the artist, label (who are selling DRM-free music every day - the Compact Disc), or consumer, the only people it adds value to are the technology companies who are interested in locking consumers to a particular technology platform. We’ve also been saying that DRM has a cost. It's very expensive for companies like Yahoo! to implement," says Jan C. Rogers, while promoting a new song by a singer named Jessica Simpson that has a new unique feature: you can have your name in it. In the song.
Tomorrow is soon
Tomorrow at 1:30 PM PT Google will announce the financial results for Q2: the previews are optimistic.
Posted by Alex Chitu at 7/19/2006 02:21:00 PM