Yahoo posts net loss of $440 mn in June quarter
Tech firm Yahoo on Monday reported a net loss of $440 million for the quarter ended June, as against a loss of $22 million in the year-ago period. However, the company's total revenue rose 5.2% year-on-year to $1.31 billion. Gross search revenue was down 17%, while revenue from the firm's emerging businesses including mobile, video, and social advertising rose 25.7%. 