Yahoo has launched a new version of its flagship iOS app, one that brings a redesigned interface as well as integration of popular news summarization service Summly's technology.

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Rumors of a growing alliance between Apple and Yahoo for delivering information to iPhone users have been met positively by one Wall Street analysts, who sees strong benefits for both parties in the relationship, particularly in combating Google.

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It was reported on Tuesday that Apple and Yahoo are reportedly in talks regarding how to better integrate the search company's various services into iOS, building on existing features like sports scores and weather information.

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Internet giant Yahoo continued its acquisition push on Monday, bringing iOS news summarization app Summly into the fold for an undisclosed sum.

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Yahoo! on Tuesday rolled out a host of new mail clients for iOS, Android, Windows 8 and the Web in an effort to cull advertising and other distractions from the service's user experience.

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In a surprising turn of events it was announced on Monday that long-time Google executive Marissa Mayer tendered her resignation and will start at her new position as president and CEO at Yahoo on Tuesday.

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Yahoo announced the resignation of its cofounder Jerry Yang today, stating that he is leaving to pursue other interests.

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Yahoo Chief Executive Carol Bartz was reportedly fired this week via telephone, prompting her to quickly e-mail her former employees from her iPad.

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Apple Chief Executive Steve Jobs sat directly beside President Barack Obama at a special dinner featuring some of the biggest names in Silicon Valley on this week.

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Yahoo has updated its Messenger iPhone app to allow video calls from the iPhone to a computer, a feature that Apple has yet to release for its FaceTime standard.

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Apple's new iAd mobile advertising service is poised to take 21 percent of the U.S. mobile advertising market by the end of 2010, giving the company a market share tied with Google and three times larger than Microsoft.

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Yahoo Chief Executve Carol Bartz said she thinks Apple's control over iAd will drive advertisers away, causing the mobile advertising network to "fall apart."

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Soon after the product manager for Yahoo's Messenger program for iPhone posted a complaint about Apple, the official company blog retracted the post and chalked it up to a misunderstanding.

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The United States Justice Department has begun a review of the hiring practices of a number of Silicon Valley technology companies, including Apple, Yahoo, Google, and Genetech for possible anti-trust law violations.

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In the latest sign that the iPhone is emerging as the platform of choice for companies big and small, Yahoo on Wednesday will reportedly cease work on its Mobile app for BlackBerry and other smartphones to concentrate its resources on iPhone and browser-centric development.

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As software giant Microsoft is warning of continued economic hardship after its first round of layoffs ever, the company's chief executive is eyeing competition from Apple, Linux, and Google on the desktop while downplaying the market strength of the iPhone and other opponents of its Windows Mobile operating system.

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Search engine giant Yahoo has formally launched an updated version of Flickr optimized for mobile phones and with special formatting friendly to the iPhone, including a newfound ability to watch streaming videos.

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Customer satisfaction in the personal computer industry suffered another series of declines last quarter, though one standout was Apple, Inc., which defied the trend by recording its largest gain ever, according to a new consumer satisfaction survey.

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Yahoo did its best to stage a rival to Apple Inc.'s iTunes, but after three years of lagging results, the Internet icon is putting its Yahoo! Music service to rest and leaving subscribers with copy-protected music libraries that can't be transfered to new computers.

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A takeover that would have created one of the largest single rivals to Internet giant Google has been abruptly canceled, as Microsoft has formally withdrawn its bid to acquire Yahoo.

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