Even online services are likewise affected by the global financial crisis. In fact, one of the leading internet service provider, Yahoo, is already drafting a plan to cut its expenses.
Shares of Yahoo closed on Friday at $12.90, down 9 cents, on Nasdaq.
Yahoo also continues to weigh a combination with Time Warner's AOL, The Wall Street Journal reported. The two sides have started to discuss a value for AOL below the $8 billion to $10 billion that had previously been considered.
1 comments:
well every company is slashing their prices
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