The Times newspaper reported overnight that Rupert Murdoch's News Corporation has discussed swapping social networking site MySpace with internet giant Yahoo in return for a 25 per cent stake in the group.

Jerry Yang and Decker to Focus on Realizing Yahoo!'s Strategic Vision by Accelerating Execution, Further Strengthening Leadership and Fostering a Culture of Winning. Terry Semel Is Named Non-Executive Chairman of Yaho! and Sue Decker Is Named President

Dear Fellow Board Members:
I am incredibly proud to have led Yahoo! these past six years, and I want to thank the Board for the opportunity to serve such a pioneering company during this exciting, still early stage of the Internet's development.

Dear Terry,
For the past six years, you've played an incredibly vital role in making Yahoo! the Internet leader it is today. You've always done what you think is best for Yahoo!, its people and its shareholders, and we understand your view that now is the right time for a new team to lead Yahoo! forward as it embarks on its next phase of growth.

Yahoo have launched a web-based version of its free instant messaging service for Internet users who want to stay connected while away from their home computers.

Yahoo! To Be Exclusive Provider Of Sponsored Search And Contextual Ads Across MTVN And BETN Global Websites

NBC Universal and News Crop. announce deal with internet leaders AOL, MSN, Myspace and Yahoo! to create a premium online video site with unprecedented reach, to challenge You Tube.

Nissan Motor Co., Ltd. and Yahoo Japan Corp. today jointly announced the start of a new service that allows drivers to access Yahoo! Gourmet online via the Nissan CARWINGS navigation system in Japan