Yahoo's 1Q Lifted By Alibaba, Modest Ad Progress
Yahoo is still prospering from its lucrative investments in Asia while the Internet company's listless advertising sales are picking up under CEO Marissa Mayer, if ever so slightly. The positive signs in a first-quarter report overshadowed a 20 percent decline in Yahoo's earnings during the opening three months of the year. The results released Tuesday highlight the contrasting performances of Yahoo's investment portfolio and the company's main business of running ad-supported online services.
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