Scalper1 News
Facing rising costs for ads placed on other sites, Yahoo late Tuesday posted Q3 earnings and revenue that fell short of Wall Street estimates, as did its Q4 revenue guidance. The struggling Internet company, however, said that it’s on track to complete its proposed tax-free spinoff of its 15% stake in China e-commerce leader Alibaba (BABA) by year-end. And it said it had reached a search and search-ad agreement with Google, the main unit of Scalper1 News
Scalper1 News