Yahoo to Acquire Xoopit Startup for $20 Million

Yahoo will apparently announce one of its first acquisitions for a while now, having paid a reportedly $20 million for the social email startup Xoopit. The announcement is expected to come in tomorrow according to All Things Digital's Kara Swisher, citing sources close to the deal. Yahoo... [ read more >> ]

Yahoo is still acquiring new companies despite its current weak financial results

Image comment: Yahoo is still acquiring new companies despite its current weak financial results
Image credits: Xoopit

Yahoo is still acquiring new companies despite its current weak financial results