Yahoo Inc has issued warning that revenue will again fall in this quarter as it gives out traffic to Facebook and Google and as a much-hyped search enterprise with Microsoft Corp failed to deliver quick results.

It was at the Web 2.0 Summit Yahoo's CEO Carol Bartz stated "Facebook" rings the bell of "competition." The words were blurted in presence of John Battelle whilst discussions. Google, meanwhile, offered a yes towards "great company."

On Wednesday, CEO Carol Bartz said that Yahoo is putting an effort in many ways to expand users' involvement with its Web sites and communication services, as well as important enhancements to Yahoo Mail.

According to comScore, Yahoo's user involvement has lessened considerably in the last 16 months, when calculated in stipulations of standard minutes per visitor.

According to a Thursday regulatory filing by the Sunnyvale, California-based Yahoo, the company’s CEO Carol Bartz was given a base salary of $969,872 in 2009 – her first year at the helm of the struggling Internet giant -; along with additional compensation accruing from stock and option awards tied to the company’s multiyear performance targets.

On the company's 15th anniversary, Carol Bartz, Chief Executive for Yahoo Inc., revealed European judicial action against executives at Yahoo competitor Google Inc. on account of privacy violation is a situation that "concerns" her, according to reports.

On Tuesday, Yahoo! managed to completely reverse the losses that it had incurred last year, and went ahead to post its best quarterly earnings since Carol Bartz started heading the company as the Chief Executive.

Yahoo CEO Carol Bartz announced Tuesday a $100 million campaign to become the center of peoples' online lives.

Yahoo will kick off the campaign on September 28 in United States and will extend the campaign gradually into other regions. The campaign will run through 2010. Under the campaign, Yahoo will run ads on the web, TV, billboards and radio.

The owner of the 2nd ranked US Internet search engine, Yahoo Inc., has named former General Electric Co. executive Tim Morse as its new chief financial officer. Tim Morse, who currently serves as the CFO of semiconductor company Altera Corp. (ALTR), will succeed Blake Jorgensen as CFO.

Throwing cold water on Time Warner's ongoing attempts to consider a partnership with Yahoo, the Internet giant's CEO Carol Bartz said that the struggling company was still in a position to "take on" rivals Microsoft Corp. and Google Inc!

Going by the ‘feelers’ resulting from the direct meetings and conversations between with New York Sen. Charles Schumer and Carol Bartz, CEO of Internet giant Yahoo, the Western New York (WNY) region will likely triumph in its bid for the company’s Northeast data center. The offers for the proposed data center have also poured in from Pennsylvania, Ohio, Michigan and Illinois.