- Peter Kinder resigns federal agency post, concludes position unnecessary and waste of tax dollars (6/16/18)2
- Stormy Daniels to visit East Cape Girardeau (6/13/18)20
- Longtime downtown Cape bartender Marcellus Jones remembered by friends (6/12/18)2
- Singer Neal Boyd dies after struggle with health issues (6/12/18)1
- Feeding deer in Bollinger, Cape and Perry counties prohibited soon to help curb spread of CWD (6/13/18)7
- Couple charged in beating death at Brick's (6/13/18)
- A community rallies behind Honorable Young Men's Club (6/16/18)1
- Jackson natives compete in 260-mile canoe race (6/16/18)1
- New Zaxby's restaurant open in Cape (6/13/18)3
- New urban dance studio opens on Broadway (6/15/18)2
Yahoo! withdraws some of its European auctions
SAN JOSE, Calif. -- Yahoo! Inc. said Thursday it plans to pull most of its online auction initiatives in Europe and instead promote eBay's market-leading auction site there.
Yahoo said that in six weeks, it will shut down auction services on five of its European Web sites: Britain and Ireland, France, Germany, Italy and Spain. Under a marketing deal with eBay, Yahoo will feature advertisements touting eBay auction services there. Yahoo decided to close the auctions after a review last year, Rob Solomon, senior vice president of Yahoo's commerce division, said Thursday. In Europe, it is typically a distant third-place player.
"We're looking at businesses where we can grow and be most profitable," he said. That means resources will be shifted to commerce initiatives such as Yahoo! Shopping and Yahoo! Travel.