Useful informations

Yesterday, Yahoo announced its Q2 results. In the Second Quarter, Yahoo's earnings has climbed up to 51%. This was achieved by cost cutting methods which helped to produce dramatic revenue gains. The problems faced by Yahoo is similar to that of other companies which is been recovering from Great Recession.

Yahoo also faced problems similar to Google, most of the payments were done in Euros. Due to European financial crisis, currency rates resulted in fewer dollar conversion. Otherwise Yahoo would have done fairly well. It earned $213 million in Q2 which ended in June which  represented a 51% increase from net income of $141 million at the same time last year. After deducting the commissions which was paid to its ad-partners, its revenue was summed t o $1.13 billion which came $30 million lower than the estimates made by analyst.

Now Yahoo has predicted its Q3 revenue which would either remain unchanged from last year or it might increase by 4%.

On Wednesday, Google announced its new tool that helps the readers to specify what kinda stories they are interested in reading. This tool will be available in the English language version. This tools helps the readers to highlight the topics which they have mentioned through Google. Say suppose we want topics on entertainment, sports, finance, stock, computer, gadgets etc., this tool highlights the specific topics which was fed by the users or the readers. Even the readers can have an advanced search which can be more specific. The news section shows in the format of summaries automatically which is well customized till the user is logged in. Apart from this, readers or the users have the option of excluding newspapers, broadcaster and blogs which they don't wish to visit.

On the left side of this tool, highlights on the latest news which has gained lot of media attraction will be displayed. On the right side, local weather, information on the reader which includes: the location, IP address, Zip code will be displayed. One more tool helps in sharing the stories in Facebook, Twitter and Buzz. There are so many keyboard shortcuts been introduced in this new tool which helps in quicker navigation.