Paid search, the engine that's driving many Internet companies into profitability, is getting a dose of reality.
Yahoo is shuttering its enterprise software division and has laid off an undisclosed number of employees as a result.
eBay's announcement on Friday that it took a 25 percent stake in online classifieds site Craigslist illustrates how the Web's biggest players are putting a heavy focus on going local wherever they operate.
Web portal Yahoo will axe more than 400 staff in an attempt to cut costs, but will spare employees at its Australian operation.
Unless one side or another decides to appeal, Friday's decision could mark the final chapter in a case once said to be a definitive one for antitrust law in the 21st century.
Rumour mill about Yahoo's future goes into overdrive
ZDNet correspondent Sumi Das talks with Editor in Chief Larry Dignan about the many variables at play in the Y… Watch it now
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