Yahoo! Snacks on Small Fry
With so much going on at Yahoo! (YHOO), it's easy to miss some of the small items that will play a big role in the long term.
Yahoo! announced a major advertising partnership with newspapers on Monday, after a tumultuous weekend in which a scathing internal memo criticizing the company's performance was released to the press.
And in the absence of special events, investors tend to return to the regularly scheduled programming of scrutinizing Yahoo!'s herculean effort to augment the amount of money it makes per search.
All of this can distract from the company's low-key acquisitions, which offer a wealth of insight into where the company is aiming to be in the long run.That's because if Yahoo! hopes to be a company that sets the Internet agenda again, it will have to do a lot more than simply be a close second to Google (GOOG). With the search market now more than a decade old, Yahoo! is banking on the quickly evolving social-media sector (blogs and Web sites such as MySpace, YouTube, Facebook and Wikipedia that allow users to produce as well as consume content) to push it back to the pole position. A couple of acquisitions announced late last week in the social-media and mobile-Internet space will help the company get closer to its vision. Yahoo! said it acquired Bix, a start-up that offers a platform for talent shows. And the tech blog GigaOm confirmed that Yahoo! had bought Kenet Works, which brings an interactive community function to mobile devices.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV