. . . Wednesday January 19, 2005

With Friends Like This…

… who needs a business?

Yahoo’s earnings soared on strong rise in ad spending that bodes well for the internet industry as a whole.

In December, more than 119 million people visited a Yahoo property. That’s more than any other site.

Oh, and also adding to a stellar earnings report was a large windfall coming from an investment Yahoo made a few years ago in a search company called Google.

Concentration is important!