Yahoo Inc. may be running out of time, and investor patience, to boost the struggling Internet giant, with talk increasing that it is increasingly vulnerable to a takeover.
The company late Tuesday reported fourth-quarter earnings that were in line or even a little better than expectations. But guidance for 2008 was weak, with revenue and operating income projections falling short of Wall Street estimates. As part of the announcement, Sunnyvale, Calif.-based Yahoo said it would eliminate 1,000 jobs.
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