yahoo performance

With $1.6 Billion Revenue in Q2, Yahoo Posts 51% Growth in Net Profit

Yahoo has reported a growth of 51 per cent in its net income at $213 million for the second quarter ended June 30, 2010, as compared to $141 million for the second quarter of 2009. Revenues increased by two per cent from $1.57 billion in the second quarter of 2009 to $1.60 billion in the second quarter of 2010.

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CRED Valuation Soars To $4 Billion As It Raises $251 Million

The fast-growing Credit card payments company CRED has concluded a $251 million financing round and has boosted its value...