It was sort of a sunny day in Sunnyvale.
Yahoo's second-quarter earnings were up only slightly, but display advertising at its owned-and-operated sites rose 19 percent from the same quarter last year as the ad market has bounced back a bit from the dregs of the media recession. Search remained a weak spot. Net revenues are up 2 percent to $1.6 billion, and net income per diluted share (EPS) was $0.15, barely beating estimates of $0.14.
"We're pleased that we continued to deliver strong operating income and margin expansion," Yahoo CEO Carol Bartz, … Read more