Yahoo Reports Loss Of $99m In Three Months

Yahoo has reported a quarterly loss of $99m (£68m), months after revealing "aggressive" efforts to turn around its fortunes.In February the struggling internet company announced a 15% cut to its workforce as part of a push to drive growth after its $4.4bn loss in 2015.
Chief executive Marissa Mayer said the firm has "made substantial progress towards potential strategic alternatives".
Yahoo chief financial officer Ken Goldman said the results were "at the high end or above our guidance ranges" and that company continued to look at "the strategic alternatives process as a top priority."