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A customer stands outside of a Verizon Wireless store waiting to purchase the new Blackberry Storm phone in New York, November 21, 2008. REUTERS/Brendan McDermid

Woo Paik, President and Chief Technology Officer of LG Electronics Inc, officially unveils the world's first market-ready Touch Watch Phone (Model: LG-GD910) with 3G video telephony service and GSM quadband network capabilities at the annual Consumer Electronics Show in Las Vegas, Nevada January 7, 2009. The phone features a Flash interface, MP3 player, voice calling, text messaging and text to speech. The phone is set to go on sale in Europe sometime in 2009. The head of LG Electronics Inc U.S. Operations Michael Ahn said that while 2009 will be tough, the consumer electronics maker has no plans to cut spending on new products, citing the need to spur innovation. REUTERS/Rick Wilking

Dr. Woo Paik, President and Chief Technology Officer of LG Electronics, Inc. officially unveils the world's first market-ready Touch Watch Phone (model: LG-GD910) with 3G video telephony service and GSM quadband network capabilities at the annual Consumer Electronics Show in Las Vegas, Nevada January 7, 2009. The phone features a Flash interface, MP3 player, voice calling, text messaging and text to speech. The phone is set to go on sale in Europe sometime in 2009. REUTERS/Rick Wilking

Alan Kaplan, president and CEO of Kaplan & Associates Inc., a Philadelphia-based executive search firm specializing in work for regional banks is shown in this undated handout photo. REUTERS/Handout

Latest stories on Yahoo Inc

Verizon picks Microsoft search over Google and Yahoo 5:49pm EST

NEW YORK/LAS VEGAS (Reuters) - Verizon Communications Inc has chosen Microsoft Corp to provide Internet search services for cell phones, in what is seen as a blow to rivals Google Inc and Yahoo Inc. Full Article

CES-UPDATE 3-Verizon picks Microsoft search over Google, Yahoo 5:48pm EST

NEW YORK/LAS VEGAS, Jan 7 (Reuters) - Verizon Communications Inc has chosen Microsoft Corp to provide Internet search services for cell phones, in what is seen as a blow to rivals Google Inc and Yahoo Inc . Full Article

LG unveils TVs and deals at CES 4:54pm EST

LAS VEGAS (Reuters) - LG Electronics Inc, hoping to tide through a global economic downturn and emerge stronger, wants to keep up spending and unveil new products to boost its North American presence. Full Article

CES-UPDATE 3-LG unveils TVs, deals; vows to keep spending 4:48pm EST

* Launches 12 HDTVs, unveils deals with Youtube, Yahoo (Adds outlook for North American business, exclusive comment) Full Article

CES-UPDATE 2-LG unveils TVs, deals; vows to keep spending 1:50pm EST

LAS VEGAS, Jan 7 (Reuters) - LG Electronics Inc plans to keep spending to develop new products despite a "tough" 2009, unveiling a partnership with Youtube and a dozen new TVs in the midst of the severe economic downturn. Full Article

New Group Making a Run at Yahoo 1:30pm EST

http://seekingalpha.com/article/113704-new-group-making-a-run-at-yahoo?source=reuters Full Article

FACTBOX-Job cuts mount as global downturn bites 2:58am EST

Jan 7 (Reuters) - Marks & Spencer , Britain's biggest clothing retailer, reported its worst quarterly sales performance for a decade and said it would cut around 1,230 jobs in a bid to save money in a tough trading environment. Full Article

Big fish move to smaller banking ponds Tuesday, 6 Jan 2009 03:01pm EST

-- Deborah Cohen covers small business for Reuters.com. She can be reached at smallbusinessbigissues@yahoo.com -- Full Article

Tech companies will stick to safe deals in '09 Tuesday, 6 Jan 2009 12:01pm EST

SAN FRANCISCO (Reuters) - Technology companies may have wooed rivals with alluring, pricey buyout offers in 2008, but this year, nothing says sexy like safe deal-making. Full Article

DEALTALK-Tech cos will stick to safe deals in '09 Tuesday, 6 Jan 2009 07:00am EST

SAN FRANCISCO, Jan 6 (Reuters) - Technology companies may have wooed rivals with alluring, pricey buyout offers in 2008, but this year, nothing says sexy like safe deal-making. Full Article

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