Feeds

Yahoo! tries to whip investors into line

Promises moon on a stick

Next gen security for virtualised datacentres

Yahoo! increased the pressure on Microsoft to up its offer for the internet firm yesterday by telling investors it expects to double cash flow over the next three years.

Jerry Yang gave the presentation to institutional shareholders in order to persuade them that the company is worth more than the $44bn Microsoft has offered for it. Some observers also interpreted the presentation as evidence that Yahoo! had failed to find alternative suitors.

Yahoo! expects to double operating cash flow from $1.9bn to $3.7bn and bring in $8.8bn in revenue excluding traffic aquisition costs (TAC) in 2010.

The statement said Yahoo! is still looking for alternatives to the Microsoft offer.

Yahoo! said it expected to bring in $1.9bn in extra revenue over three years from display and video advertising - faster growth than the market generally. It also predicts $1.4bn in extra search revenue - in line with expected growth.

The company talked up its "Starting Points" strategy of concentrating on websites which users return to several times a day.

The company claims 305 million unique monthly users of its homepage and 262 million unique monthly users of its email service.

In other news, Chinese business ecommerce site Alibaba is looking for investors to fund a buyback of the 39 per cent stake in the company owned by Yahoo!, according to Reuters.

Alibaba clearly thinks the takeover will go ahead and wishes to stay out of Microsoft's grip. The 2005 agreement with Yahoo! gives Alibaba right of first refusal should Yahoo! wish to sell its stake.

Read the Yahoo! statement here.®

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Facebook to let stalkers unearth buried posts with mobe search
Prepare to HAUNT your pal's back catalogue
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.