Tuesday, October 21, 2008

This is NOT good news, okay? NOT GOOD !


Yahoo Headquarters Tour @ Yahoo! Video


Sunnyvale, California is World Headquarters for Yahoo ! This is NOT good. NOT ! The Republicans are NOT doing good. I don't want to hear how Google is taking over the world ! The world is too big for Google to handle it all.

"W"rong !

There should be enough commerce for everyone to have viable profits and their consumers to be enjoying life. This is simply Republican agenda that doesn't work !

The Bottom LineYahoo! (click title of entey, thank you)
Earnings Plunge, Cuts 1,500 Jobs
Wendy Tanaka, 10.21.08, 5:11 PM ET
BURLINGAME, CALIF. -
Yahoo! said Tuesday that third-quarter earnings fell 64% on sluggish advertising revenue growth resulting from the economic slowdown.
The embattled
Internet portal reported net income of 4 cents per share, or $54 million, on revenues of $1.79 billion--compared with net income of 11 cents per share, or $151 million, for the same period a year ago.
Third-quarter revenues grew just 1% to $1.79 billion from $1.77 billion in the same year-ago period.
The Sunnyvale, Calif.-based company also announced job cuts of a least 10% of its 14,300 employees during the fourth quarter. The cuts are aimed at reducing the company's annual cost run rate of $3.9 billion by more than $400 million before the end of the year....