When it comes to emerging markets, there's been a lot of talk of how the mobile web will be the dominant way that people access the internet. Now there's evidence from Opera Software , the browser makers, who in its October "State of the Mobile Web" report, found that the mobile web is replacing the wired web in Southeast Asia.
Needham & Co. analyst Mark May upgrades shares of troubled Internet company Yahoo Inc., after the shares skid below $10 for the first time in more than five years.