In Troubled web firm Yahoo, which recently fired its CEO Carol Bartz - apparently on the phone - in just about two years of hiring her in a much-hyped appointment, has launched new apps and technology for Apple's hugely successful iPad, and other tabs and smartphones.
In a report on Reuters.com, Yahoo's product chief Blake Irving is quoted as saying that innovation in the media space is happening on mobile devices first, and it's "closest to users and that's where the fastest-growth markets are."
Among the new products unveiled were a multimedia newsstand for tablets dubbed Livestand, a weather application for Android mobile devices, and a new version of IntoNow, a social application related to television, for the iPad, notes the Reuters report.
Yahoo has for long been the subject of speculation as to its future course of innovation and existence. Following the unfruitful, expensive bid from Microsoft for a buyout sometime back, the company is reported to have been trying hard to find investors or buyers at a good valuation.
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