Yahoo! Shoots Down VoIP Speculation
Jim Wagner writes over on internetnews.com:
Officials at Internet portal giant Yahoo are denying a report that it will launch a VoIP service in the next two weeks.
In a research report issued this week, Safa Rashtchy, an analyst with Piper Jaffray, said the Sunnyvale, Calif.-based company was likely to launch a service similar to the popular Skype application.
The analyst noted that such a service would "expand Yahoo's content footprint and further establish Yahoo's brand as a comprehensive provider of content, search and communication services," and likely run as both an advertising-based basic service and paid premium service.
That's not the case, Yahoo officials said.
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