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Monday, March 07, 2005

Yahoo to Invest in Blogs, Analyst Says, Reuters, 4 Mar 2005

“Internet media company Yahoo Inc. (Nasdaq:YHOO - news) is likely to build and buy tools that help its users create, publish and search blogs, Susquehanna Financial Group Marianne Wolk said in a note on Friday. Wolk also said she also expects the company to expand into social networking software, which lets users share and organize content…"We believe Yahoo is likely to continue to invest in the blogosphere; we see Yahoo building and buying blog tools and RSS search capabilities to complement MyYahoo's readership/aggregation service," Wolk wrote in her note.�

Full story at http://story.news.yahoo.com/news?tmpl=story2&u=/nm/20050305/wr_nm/tech_yahoo_dc

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