Tuesday, April 16, 2013

Yahoo's ad slump overshadows 1Q earnings gain

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Yahoo's ad slump overshadows 1Q earnings gain

Yahoo’s Internet advertising revenue crumbled further during the first three months of the year, renewing doubts about the company’s spin efforts despite a surge in earnings.The results released Tuesday seemed to dim some of the aura surrounding Yahoo CEO Marissa Mayer, who was lured away from a top job at Google Inc. nine months ago to revive revenue growth at a company that has been mired …

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Yahoo’s ad slump overshadows 1Q earnings advance

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