03 December 2012

Yahoo and Mexico Court
Last date of November 2012, the news disclosed that Yahoo has been ordered by the 49th Civil Court of the Federal District of Mexico City to pay $2.7 billion in a suit brought by Worldwide Directories S.A. de C.V. and Ideas Interactivas, who said that Yahoo has violated agreement related to a yellow page listing service, and that they lost profits as an outcome.

The firm is making it well-defined that the sentence is not last. And that it thinks the complainant claims are without deserve.

Yahoo said in a statement:

TechCrunch renders some case background about the firm’s relationship, which started almost a decade ago:
Yahoo Mexico Court Judegment
To put this in position, Yahoo has earned about $1.2 billion in revenues its last quarter and about $5 billion in the past year or so.I think this can be very damaging for the old internet company.