Yahoo Warns Growth of Internet Advertising Sales slowing in key sectors
Terry Semel, chairman and chief executive officer (CEO) of Yahoo warned that ad sales were growing in two key sectors, but not growing as quickly as they had hoped. Semel’s warning was about the Auto and Financial services sectors. He added: “But Yahoo was careful to note that it cannot tell whether the current slowdown is a sign of broader trouble or is limited to ads from the auto and financial sectors.“
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