Yahoo! Inc. (NASDAQ:YHOO) is now hitting around 450 million monthly active users per month and its search and display mobile ad revenues grew 100%. According to reports, Yahoo! has closed on an acquisition for Flurry at a price of over $200 million.
Yahoo! has gained the exclusive rights for the sixth season of Community for tens of millions of dollars. NBC cancelled the sitcom earlier this year after its fifth season. The show seemed to start struggling during its third season, but it retained a loyal cult-like fan base. In the fifth season, Chevy Chase and Donald Glover departed from the cast, making it difficult to keep the same charm it had in the first season. Hulu was deep in negotiations for the show in the last few weeks of June.
Yahoo! Inc. (NASDAQ:YHOO) is shutting down some of its products. Many of the products will be integrated into other Yahoo! services. Yahoo! will be shutting down smart e-mail service Xobni. Some of Xobni’s features will be rolled into Yahoo! Mail like e-mail contact auto-suggestions when composing a message and a person-centric search.
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Yahoo! Inc. (NASDAQ:YHOO) may be spending around $250 million to acquire Fullscreen, a company that creates content on YouTube.
Yahoo! CEO Marissa Mayer gave an interview with Bloomberg where she said that she did not mean to slight ad execs that were left waiting for two hours during the Cannes Lions ad festival last week.
Yahoo! Inc. (NASDAQ:YHOO) has created a launcher replacement that brings up your agenda that notifies you of meetings and appointments. It also sorts your apps based on the ones that are the most commonly used and also provide quick links to the people that you contact the most. The more you use Aviate, the more customized it becomes. You can download the app from Google Play now.