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The oil disaster in the Gulf of Mexico was the most searched term on Yahoo in 2010, the search engine said Wednesday.

But the Yahoo CEO's feisty personality was on display at the tech confab Tuesday.

AOL's earnings more than doubled amid gains from asset sales, though ad revenue dropped 27%. CEO Armstrong said AOL is on the path to recovery, with much of the revenue declines "self-inflicted."

Yahoo Inc delivered tepid third-quarter revenue growth and forecast weaker-than-expected sales in the fourth quarter as it continues to lose market share to rivals like Google Inc.

Yahoo's inability to snap out of a financial funk may be about to turn the Internet company into a takeover target for the second time in less than three years.

Yahoo is rolling out a new search experience today, making its web search more streamlined and visual, improving its mobile search and adding a list of hot search topics to the Yahoo front page.

AOL has been in talks to acquire technology blog TechCrunch, according to a person familiar with the matter.

AOL's Propeller Team has announced on their website that Propeller.com will be no longer active from October 1 2010.

According to Nielsen data out this morning Microsoft's Bing has passed Yahoo to become the number two search engine in the US. Nielsen says that Google's August share is 65% (and growth is flat) but that Bing and Yahoo have now switched places.

AOL is preparing to introduce a larger, splashier ad format that it hopes will attract more ad dollars from big brands and help revitalize its business.