Subscribe free to our newsletters via your
. Energy News .




EARTH OBSERVATION
Yahoo folding up map site as priorities shift
by Staff Writers
San Francisco (AFP) June 5, 2015


Yahoo will fold up its online map service this month as it strives to recapture past glory by reinventing itself as a premier venue for digital lifestyles.

Word that Yahoo will shut-down an array of tools and services by the end of June comes as the California-based Internet search pioneer spins off an Alibaba investment that bolstered the company's coffers despite lackluster earnings from its own offerings.

"We continue to focus on our key product pillars: search, communications and digital content," Yahoo chief architect Amotz Maimon said in an online post.

"Part of that focus includes taking a hard look at our existing products and services, and ensuring our resources are spent smartly and with a clear purpose."

Yahoo Maps website will close at the end of June, but Yahoo will continue to support maps in products such as search and Flickr, according to Maimon.

"We made this decision to better align resources to Yahoo's priorities as our business has evolved since we first launched Yahoo Maps eight years ago," he said.

Google's free online mapping service has soared in popularity and Apple has been bolstering its own map capabilities for its popular mobile devices.

Yahoo said that it is also closing some genre and region specific digital media properties and spreading the content to its other online venues.

The company planned to close Yahoo Music in France and Canada along with Yahoo Movies in Spain.

Also closing by month's end are Yahoo TV in Britain, France, Germany, Spain, Italy and Canada as well as Yahoo Autos in most of those countries.

Yahoo Entertainment in Singapore will also be shuttered, according to Maimon.

- Multi-year transformation -

Yahoo last month said it was expanding its online offerings, unveiling 18 new video series with which it hopes to attract a larger audience and advertisers.

Music will be another big focus for the company as it courts millennials. It will be extending a deal with Live Nation to broadcast music festivals, and will join iHeartMedia to broadcast other music events.

Chief executive Marissa Mayer said in a recent earnings release that Yahoo is in the midst of "a multi-year transformation to return an iconic company to greatness."

Yahoo has benefitted from an early and shrewd investment in Alibaba that provided financial cushion as Yahoo worked to reinvent itself.

Yahoo bought a 40 percent stake in the Chinese online giant in 2005 for $1 billion. The current stake of some 15 percent is worth more than $30 billion.

Yahoo is on track to spin-off its Alibaba stake in the final quarter of this year and needs to show investors it can stand squarely on its own feet.

gc/sg

Yahoo


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
Earth Observation News - Suppiliers, Technology and Application






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








EARTH OBSERVATION
New technique harnesses everyday seismic waves to image the Earth
Stanford CA (SPX) Jun 05, 2015
A new technique developed at Stanford University harnesses the buzz of everyday human activity to map the interior of the Earth. "We think we can use it to image the subsurface of the entire continental United States," said Stanford geophysics postdoctoral researcher Nori Nakata. Using tiny ground tremors generated by the rumble of cars and trucks across highways, the activities within off ... read more


EARTH OBSERVATION
UNIDO: China needs greener agenda

Scotland sees room for green growth

Roadside air can be more charged than under a high-voltage power line

Japan PM to pledge 26% greenhouse gas cut

EARTH OBSERVATION
Stanford engineers develop a computer that operates on water droplets

Trees are source for high-capacity, soft and elastic batteries

Chemists discover key reaction process in sodium-oxygen battery

World's smallest spirals could guard against identity theft

EARTH OBSERVATION
South Africa advancing wind energy plans

Why do consumers participate in wind energy programs

Germany's E.ON building wind energy portfolio

Ikea invests 600 mln euros to be energy independent by 2020

EARTH OBSERVATION
Sunrun Brings Affordable Home Solar, Jobs to South Carolina

32 GW of Utility-Scale Solar to Come Online Ahead of US 2017 ITC Deadline

Schneider Electric offers new energy storage and monitoring solutions

Tough year over, big opportunity ahead for renewable energy

EARTH OBSERVATION
Rosatom road shows of world's largest fast neutron reactor

Nuclear SOE set for big China IPO

S. Africa to finalize nuclear procurement process by end of this year

Japan's Over Confidence Proved Deadly in Fukushima Disaster

EARTH OBSERVATION
Scientists create eco-friendly jet fuel from sugarcane

Dutch 'paddy power' pulls electricity from rice fields

BESC, Mascoma develop revolutionary microbe for biofuel production

Food or fuel? How about both?

EARTH OBSERVATION
China Plans First Ever Landing On The Lunar Far Side

China ranked 4th among world space powers

3D printer making Chinese space suit parts

Xinhua Insight: How China joins space club?

EARTH OBSERVATION
Worries grow as climate talks leave issues unaddressed

Greenhouse gas-caused warming felt in just months

Protein identified in certain microalgae changes

Chinese emissions may peak by 2025, says analysis




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.