Yahoo buys Rivals.com
Yahoo has made its first purchase under the new leadership of Jerry Yang, with its purchase of Rivals.com, a college sports website. The company is likely to be making changes in the way it operates with the departure of its CEO of six years, Terry Semel. With this new purchase, Yahoo will be competing directly with News Corp.’s Scout.com which is a similar site to Rivals.com, as they both deal with sports fans who are looking for specific details on college sports.
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