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New Yahoo boss buys sport website

Discussion in 'General Webmaster Helpdesk' started by gkd_uk, Jun 21, 2007.

  1. gkd_uk

    gkd_uk Moderator Moderator Webmaster

    Jerry Yang has made his first move as chief executive of Yahoo, buying the college sports website Rivals.com for an undisclosed sum.
    Mr Yang took over Yahoo this week after the abrupt exit of predecessor Terry Semel, raising question marks over the internet firm's direction.

    Reports have suggested News Corporation is keen to buy a 25% stake in Yahoo, adding to the pressure on Mr Yang.

    The Rivals.com deal will boost Yahoo's US sports offering.

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