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Telstra adds one million mobile services, but Sensis plummets

Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.

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Ballmer and Bartz talks bump up Yahoo! stock

Business IT - Technology

How does Yahoo! get the biggest boost in share prices for six months? By talking to Microsoft again, of course.

Things were not looking good for Yahoo! at the end of last year, what with jobs being axed and co-founder Jerry Yang stepping aside as CEO.

However, things would appear to have started looking up for the search business destined to be forever in the shadow of Google. According to reports discussions have begun between Yahoo! and Microsoft with regards an advertising partnership.

All Things Digital reported how Yahoo CEO Carol Bartz and Microsoft CEO Steve Ballmer held face-to-face talks at the end of last week.

Although it would appear that any chance of a renewed acquisition attempt by Microsoft was most definitely not on the cards, commercial relationships including advertising partnerships most certainly appear to have been.

This was enough to prompt a dramatic rise in the demand for Yahoo! stock with a 7.6 percent upwards bump during early trading on Monday, the best it has done for six months and in the face of a market going in the opposite direction.

It will be interesting to see how Google stock responds later this week, after the publication of first-quarter results.

One Oppenheimer analyst, Jason Helfstein, predicts that Google will report a 5 percent year over year decline in first quarter paid click revenues.

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