According to foreign media reports, Yahoo in Wednesday in the 2011 Annual product display activities, the company demonstrated the upcoming release of a variety of new products, including the "Livestand" of the electronic magazine applications, as well as a variety of tablets, smartphones and other applications.
In early September this year, Yahoo's board issued a dismissal order for former CEO Bartz Carol Bartz. Yahoo and its financial advisers then began to evaluate Yahoo's strategy, including plans to sell Yahoo and allow private-equity firms to buy part of Yahoo's stake. Despite Yahoo's "uncertain Future", the company has unveiled a variety of upcoming new products in Wednesday.
Among these new products, the most notable of these are the Livestand applications developed for Apple's ipad Tablet PC. The app provides ipad users with video, news and other content of interest, similar to Flipboard and AOL's Editions digital magazine apps. The ultimate goal of Yahoo's decision to release more apps to tablets and smartphone users is to boost online advertising revenue.
Yahoo was scheduled to launch the application in June this year, after some delay. Other new products unveiled by Yahoo in Wednesday include an app called "Intonow ipad" that ipad users can use to watch TV. Another product for Android users of the Yahoo weather application, there is a target for the ipad users of Yahoo Mail application.
Yahoo chief Product Officer Black Owen (Blake Irving) presided over the day's product launch. Owen jumped from Microsoft to Yahoo last year. In the Wednesday product launch, Owen also talked about Yahoo's business positioning, "What is Yahoo?" The answer is very simple, Yahoo is actually a digital media company. Period。 End。 ”
In Wednesday, media reports said Yahoo was picking up some of the right private-equity firms and plans to sell about 20% per cent of Yahoo. Through the deal, private-equity firms will be able to abandon the original plan to acquire Yahoo's overall assets and gain control over Yahoo.
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