Today Yahoo began laying off 1,500 employees, about 10 percent of its workforce, as a plan announced in October. However, this may not the last bad news to Yahoo's staff yet. After months in trouble with many changes and mistakes, Yahoo is now hit badly by the worse economic climate. "Cut costs, cut costs more" -- It seems to hear the shouts from all levels of Yahoo's executives as the last chance to survive on a sinking ship after they refused the ...

Sources from both Microsoft and Yahoo confirm that a Sunday Times of London story suggesting 20 billion dollars partnership between the two about to happen is "fictitious wholly". The story details the deal that Microsoft would obtain a 10-year operating agreement to manage the search business and it would also receive a two-year call option to buy the search business for $20 billion leaving Yahoo to run its own e-mail, messaging, and content services. Jonathan Miller, ex-chairman and CEO of American ...