Tyler Perry's Mother Dies

The mother of movie producer Tyler Perry, named Willie Maxine Perry, died on Tuesday at the age of 64. Perry had announced it on his Web site. The reason for her death is currently unknown to the public and she had worked as a pre-school teacher at the New Orleans Jewish Community Center most of her life. Perry was planning to go on the road for another tour of live "Madea" shows but it is currently unclear how this recent tragedy will have an effect on his schedule.

Yahoo and McAfee Team Together to Bring Search Engine Security

Yahoo Inc. and McAfee Inc. are teaming up to offer alerts about possibly dangerous Web sites in search engine results generated at Yahoo’s search engine. The new search feature will allow people who search the Internet to see a red exclamation point and a warning next to links that McAfee finds as having dangerous downloads or using visitors’ e-mail addresses to send out spam. Dangerous downloads include adware, which shows unwanted advertisements, and spyware, which tracks users’ keystrokes and other actions secretly.

Yahoo and McAfee hopes that the new feature will help people feel more secure when searching on Yahoo’s search engine and visiting sites. Yahoo has chosen to delete the most dangerous sites from their search engine and currently has the second most popular search engine after Google.

This partnership could allow McAfee a way to expose more Internet users to its security software and encourage them to upgrade to the premium versions. McAfee can also use Yahoo’s search information to find sites to examine for security holes and use the information to upgrade its products. The McAfee technology that is used on Yahoo’s site is a lesser version of McAfee’s full SiteAdvisor technology that is free from McAfee.

Microsoft Withdraws Yahoo Bid

Microsoft Corp. has decided to withdraw its $42.3 billion bid on Saturday to buy Yahoo Inc. This came after an unsuccessful last try to negotiate a mutually acceptable sale price.

Microsoft was willing to pay as much as $47.5 billion, or $33 per share, but Yahoo’s board wanted at least $53 billion, or $37 per share. Microsoft could make a new bid later this year if Yahoo doesn’t recover after having more than two years of financial problems. Analysts feel that if things don’t change for Yahoo Inc. soon, their stock would decrease into the mid-teens and that would make it difficult for the company to turn down any future offers. Yahoo Inc. is considering an advertising partnership with Google and a merger with the Internet operations of Time Warner Inc.

Yahoo Lays Off 1,000 Workers

Yahoo Inc. is planning to lay off 1,000 of their 14,300 workers due to their 23 percent decrease in fourth-quarter profits and not being sure about their financial outlook for 2008. After the news was released, Yahoo shares hit their lowest levels in more than four years. Their market value has decreased more than 50 percent since the end of 2005.

Yahoo didn’t say which areas of its operations would be cut but some of the employees whose jobs are being eliminated might be offered new jobs in other parts of the company. Yahoo expects to pay between $20 million to $25 million for severance and other costs in the lay off. With the lay offs and cost cuttings, Yahoo could save more than$100 million dollars in costs and offset some of the financial loss that they expect from a re-negotiated partnership with AT&T Inc to provide high-speed Internet service. Yahoo and AT&T will share the revenue made through online advertising.

Yahoo hasn’t stopped making money but their profits fell by 12 percent in 2007 even though advertisers spent a lot of money on the Internet. The company is also working hard to try to attract more teenagers and young adults to the site.

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