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Yahoo Latest News: With Its $5 Billion Share Buyback Program, Yahoo Still Has A Big Pile Of Cash For Acquisitions

Wochit 0:58 mins

Yahoo just released its mixed Q2 earnings, and a few sentences may have given the answer everyone was waiting for ? yes, Yahoo still has plenty of cash to pursue more acquisitions. Evidence of this lies in the company's share buyback program. Yahoo's second-quarter results aren't giving Marissa Mayer a lot to celebrate as she completes her first year running the Internet company. In 2008, lawyers for Web company Yahoo sought to to avoid becoming part of the National Security Agency?s PRISM surveillance program by fighting it in a case before the secretive US Foreign Intelligence Surveillance Court. Now court ruled that it would unseal documents related to that case so that Yahoo could prove that it objected to participating in the notorious PRISM program

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