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Yahoo Inc's quarterly net revenue slid 4 percent and it forecast a further slide this quarter as it struggles to revive growth in the face of intense competition from Google and Facebook.

News Corp. isn’t ready to pull the plug on MySpace just yet, but it is prepared to cut the cord. CEO Mike Jones told employees yesterday that the media conglomerate is “exploring strategic options” for the past-its-prime social network. That could mean a sale, a merger (Yahoo could be a candidate) or a spinoff. The last scenario is the most likely, reports The Wall Street Journal.

Over at Quora, Tripline founder and CEO Byron Dumbrill answers the question, "Why did Delicious fail?" Dumbrill joined Yahoo in 2006, about nine months after it acquired the bookmarking service, and his explanation corresponds with what we've been hearing for several years about its fate. Delicious was back-burnered while the company focused on Yahoo Bookmarks.

Internet media company Yahoo is preparing to cut as many as 650 jobs, or almost 5% of its workforce, in its latest move to streamline operations and cut costs.

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

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.

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.

Yahoo is redesigning its email service to help stem a user decline and counter offerings from longtime rivals Microsoft and Google as well as social-networking services such as Facebook and Twitter.