SAN FRANCISCO - Troubled Internet pioneer Yahoo! swung to a quarterly loss Tuesday because of severance pay and write downs on its European properties. Despite recording a $303 million loss in the fourth quarter, the company’s results beat expectations as its revenues and operating profit held up well in the dire economic climate. The Silicon Valley company, [...]
SAN FRANCISCO - Troubled Internet pioneer Yahoo! swung to a quarterly loss Tuesday because of severance pay and write downs on its European properties.
Despite recording a $303 million loss in the fourth quarter, the company’s results beat expectations as its revenues and operating profit held up well in the dire economic climate.
The Silicon Valley company, [...]
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