Earlier today, Yahoo unveiled a series of products so as to boost its mobile as well as social networking offerings on the market.
The Range of Innovative Apps
Yahoo has now introduced innovative multimedia apps for smartphone gadgets as well as tablet personal computers and unveiled all the upcoming new technologies which aimed at attracting third-party publishers, yesterday. Of all the products unveiled, one of them was a multimedia newsstand for tablets, Livestand which is a weather application for Android mobile devices. Then, there is a new version of IntoNow which is a social application designed specifically for iPad and it is related to television.
Scenario after Bartz, Fired Yahoo CEO
After Bartz was fired, the company made contacts with various private equity firms including Silver Lake partners. Also, Yahoo has been enduring a premeditated review of the entire business it has and in order to achieve its goal, it has hired investment bank Allen & Co. When asked, Irving said “We have dreams about what this company can be, and that is what we are building”. Also, he said the company’s aim has not altered and their staff is wholly devoted to developing pioneering products.