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Yahoo's ad slump overshadows 1Q earnings gain

Submitted by Fox First at Ten on April 17th

By MICHAEL LIEDTKEAP Technology Writer SAN FRANCISCO (AP) - Yahoo's Internet advertising revenue crumbled further during the first three months of the year, renewing doubts about the company's turnaround efforts despite a surge in earnings. The results released Tuesday seemed to dim some of

Yahoo's 1Q earnings surge while revenue sags

Submitted by Fox First at Ten on April 16th

By MICHAEL LIEDTKEAP Technology Writer SAN FRANCISCO (AP) - Yahoo's Internet advertising revenue crumbled further during the first three months of the year and overshadowed a surge in the company's earnings. The results released Tuesday seemed to dim some of the aura surrounding Yahoo CEO

Yahoo's 1Q earnings surge while revenue sags

Submitted by Fox First at Ten on April 16th

By MICHAEL LIEDTKEAP Technology Writer SAN FRANCISCO (AP) - Yahoo is making more money under CEO Marissa Mayer, even as the Internet company struggles to sell more of the ads that bring in most of its revenue. The latest signs of earnings progress came Tuesday with the release of Yahoo's first-

US Internet ad revenue grows 15 percent in 2012

Submitted by Fox First at Ten on April 16th

By BARBARA ORTUTAYAP Technology Writer NEW YORK (AP) - U.S. Internet advertising revenue grew 15 percent to a record $36.6 billion in 2012, with mobile ad revenue growing faster than other types, according to a new report Tuesday. The report from the Interactive Advertising Bureau and

Ahead of the Bell: Yahoo 1Q puts spotlight on CEO

Submitted by Fox First at Ten on April 16th

SUNNYVALE, Calif. (AP) - Yahoo's first-quarter earnings report will cast a spotlight on CEO Marissa Mayer's efforts to turn around the Internet company. The numbers, due out after the stock market closes Tuesday, are being released with Yahoo's stock price trading at some of its highest

Earnings Preview: Focus on PCs in Microsoft's 3Q

Submitted by Fox First at Ten on April 16th

SAN FRANCISCO (AP) - Microsoft's latest quarterly report will give the software maker another opportunity to persuade investors that its efforts to redesign its products for mobile devices are heading in the right direction, despite recent evidence that the attempted transformation isn't

AP sees slight revenue decline in 2012

Submitted by Fox First at Ten on April 15th

By PETER SVENSSONAP Business Writer NEW YORK (AP) - The Associated Press said Monday that its revenue declined slightly in 2012 because U.S. elections and the Olympics drew less interest than expected, but it was largely successful in replacing lost revenue with increased sales of video and photos

Google clears another step in EU antitrust case

Submitted by Fox First at Ten on April 15th

By JUERGEN BAETZAssociated Press BRUSSELS (AP) - Google has taken another step toward settling a European antitrust investigation focusing on whether the Internet giant is abusing its dominant position of online search and advertising markets. Google Inc. has submitted a list of remedies in legally

Republican money backs immigration push

Submitted by Fox First at Ten on April 15th

By STEVE PEOPLESAssociated Press BOSTON (AP) - As Congress readies for a drawn-out immigration debate, an expanding network of Republican fundraisers is pressing for a path to legal status for millions of immigrants living in the United States illegally. Business leaders and donors who raised tens

Cubs unveil $500M Wrigley Field renovation plan

Submitted by Fox First at Ten on April 15th

By DON BABWIN and M. DAVID NICHOLSAssociated Press CHICAGO (AP) - The Chicago Cubs and the city have agreed on details of a $500 million facelift for Wrigley Field, including an electronic video screen that is nearly three times as large as the one currently atop the centerfield bleachers of the 99