As we reported earlier, Yahoo! really wants you to know, in no uncertain terms, that they are not dead yet. The company released its earnings report today showing “revenue of $1,672 million for the first quarter of 2007, a 7 percent increase compared to $1,567 million for the same period of 2006.” Robusto! But that won't cover up the fact that net profits are down 11 percent.
Maybe Yahoo! still has a chance against Mountain View. Today, Terry Semel (pictured right) also announced an expansion of Yahoo’s deal with eBay to roll out a PayPal checkout program to compete with Google Checkout.
