News Column

BRIEF: News Summary: Yahoo revenue still dropping in 4Q

January 29, 2014

The Oklahoman, Oklahoma City

Jan. 29 --REVENUE RUT -- Yahoo's fourth-quarter results released Tuesday showed the Internet company is still struggling to attract online advertisers who are spending more money at rivals such as Google Inc. and Facebook Inc. RISING PROFITS: The company is still managing to make more money because of cost-cutting and lucrative investments in two other Internet companies in Asia : Alibaba Group in China and Yahoo Japan . PATIENCE, PLEASE: After 18 months on the job, Yahoo Inc. CEO Marissa Mayer is still telling investors it might take several years for the company's revenue to surge. She envisions modest growth beginning in the second half of this year. ___ (c)2014 The Oklahoman Visit The Oklahoman at www.newsok.com Distributed by MCT Information Services


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Source: Daily Oklahoman (Oklahoma City)


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