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The Associated Press has signed a licensing deal with Yahoo Inc. that gives the news cooperative a steady stream of revenue at a time less money is flowing in from newspapers and broadcasters.

Internet giant Yahoo posts a $153m profit in the fourth quarter, but says sales are continuing to fall.

Yahoo is shutting down its offices, except for "essential functions," from Dec. 25 through Jan. 1, as the Internet company searches for new ways to cut costs during the recession.

Yahoo continues their strategic defeat from the front lines of innovation. Earlier today they announced that they'd be "deeply integrating" with Facebook Connect, allowing Yahoo users "to see your Facebook friends’ activities on Yahoo! and share Yahoo!

Yahoo Inc. is jumping on the Twitter bandwagon in its latest attempt to get people to use its Internet search engine more frequently. Beginning Thursday, Yahoo will mine the short messages posted on Twitter to find fresher information about hot topics. Microsoft Corp. and Google Inc. had earlier announced plans to incorporate Twitter messages into search results, but Yahoo said it will be the first among them to include such "tweets" on its main search results.

Yahoo is expected to this week to begin showing a portion of its users search results that are ranked by their popularity with Internet users in real-time, under a deal with start-up OneRiot.

In the next few years, Yahoo wants to build a huge new campus in Santa Clara, California. Marketwatch broke the story yesterday. Since then, we've landed photos and video of the proposed project.

See the proposed campus →

Yahoo proposed the project at a May 5 Santa Clara city council meeting.

Internet giant Yahoo sees its third quarter profits more than treble - despite sales falling by about 12% - as it slashed costs.

There's always been a tension in search between organizing information for users and getting out of the way so they can get to ...

Its search engine now in the hands of Microsoft, Yahoo plans to focus on display ads, content and mobile services.