Yahoo Inc. is preparing to tweak several popular sections of its Web site, including its home page, during the next few months to accommodate more material from rival services as the Internet company tries to polish its tarnished franchise. The makeover outlined for reporters Thursday represents another a key step in Yahoo's push to regain the momentum that it lost while being outmaneuvered by Internet search rival Google Inc. and more recent upstarts like the rapidly growing online hangouts MySpace and Facebook.
Yahoo's previous dawdling crimped its profits during the past two years, leading to a dramatic downturn in its market value that triggered an unsolicited takeover bid from Microsoft Corp. this year.
Associated Press
Comments
Post a Comment