This Internet news is provided from the ShangHai XingGuo Net Technology co.,Ltd
September 15, according to foreign media reports, Yahoo co-founder David Filo recently said that Yahoo’s stock price will continue to rise in the next five years, this will prove the proposal that it is a right choice for Yahoo to reject Microsoft’s acquisition with 47.5 billion U.S. dollars.
Filo said: “From now on the next five years, Yahoo’s stock price will continue to rise. Yahoo still has a lot of investors have not been found in investment value.” The 42-year-old Filo and Jerry Yang of the 39-year-old, in with Microsoft In the talks on May 3 after the rupture, resulting in the company fell 33 percent. Yahoo shares last week and even hit a new low over the past five years.
Yahoo is now seeking with its rival Google in the search areas. June 12, Yahoo and Google search ads signed cooperation agreements in the Yahoo site to allow Google to place ads. Originally, the deal is not because the deal, there’s no need to review submitted to the relevant departments, but the two companies decided to Justice Department review of the three and a half months time. Google CEO Eric Schmidt (Eric Schmidt) 8月28日said, will be implemented in early October with the signing of the Yahoo advertising agreement. Schmidt said: “The Justice Department is still assessing the agreement, the date did not give specific advice, but we decided to implement the agreement in October.
It is said that the U.S. Justice Department has hired well-known lawyer Sandy Lane Vick (Sandy Litvack) as the consultant, is under investigation on the Google, Yahoo advertising deal in the provision of legal advice. The source said that the U.S. Department of Justice has told Google and Yahoo, hired in the case of Vick as a legal adviser, but has not decided whether to stop the two sides of advertising. Vick, is the former U.S. president Jimmy Carter (Jimmy Carter) era Justice Department’s antitrust chief, Disney’s former vice chairman of the board. It is learnt that, Vick is being collected by the Department of Justice assessment of the relevant evidence and other lawyers have already begun access to witnesses and require them to provide relevant documents, so as to possible future antitrust lawsuit to prepare for.
In the past three years, Yahoo has had a declining revenue growth. Yahoo second quarter of this year’s revenue growth rate of 5.9 percent, while Google’s growth rate reached 39 percent. As the world’s largest software maker, Microsoft Windows and Office can help to support its loss of the Internet sector, but nearly 90 percent of Yahoo’s revenue come from advertising. U.S. investment institutions, an analyst at Jefferies Joseph skali (Youssef H. Squali) Friday to Yahoo price target lowered from 28 dollars to 26 U.S. dollars, but still maintain “buy” (Buy) on the stock. Skali stressed that even if the earnings per share will decline, Yahoo is still a few in the short term and long-term performance of the upgrade project, which will promote the company’s stock price rose to provide the necessary basis. These include the Ministry of Justice, if approved, it will be Yahoo’s online advertising business outsourcing to Google. Skali pointed out that the recent situation has said that the U.S. Department of Justice in the next few weeks will strengthen Google’s advertising deals with Yahoo survey. However skali that the current 50 per cent of the transaction is still hope will be approved by the U.S. Department of Justice.
In last Friday at the second session of “creative,” (Open Hack Day) in the General Assembly, Yahoo announced that will include Home and e-mail, a number of third-party Internet services for the Internet and software companies and opening up. Yahoo called this “Yahoo opening up strategy” (YOS), hope to be able to take this into a third-party content channels tool.
Yahoo said the company hoped that the revenue in 2010 will reach 8.8 billion U.S. dollars through “Yahoo opening up strategy”, increasing 72% compared to 2007. In addition, the deal with Google will gain 800 million U.S. dollars annual revenue.
