Advertising revenue from YouTube is likely to total about $200 million this year and thus fall short of parent company Google's expectations, The Wall Street Journal said on Tuesday, citing two sources familiar with the matter.
Yahoo on Monday sought to rally shareholder support for its board of directors and management amid a proxy battle with billionaire Carl Icahn, saying the investor had outlined an "ill-defined plan" for the future of the Internet company.
Dissident Yahoo investor Eric Jackson on Monday urged fellow shareholders to vote for a board comprising five existing directors and four nominees from billionaire investor Carl Icahn's slate.
Investor Carl Icahn on Friday told Yahoo that it should offer to sell the company to Microsoft for $34.
Financier Carl Icahn on Thursday launched a proxy battle to force Yahoo to reopen buyout talks with Microsoft, saying the Yahoo board had acted "irrationally" in refusing its $47.