Yahoo acquires ad-service

2013-10-13 13:31
This screen grab made from Yahoo's Tumblr page shows the company's new logo. (Yahoo, AP)

This screen grab made from Yahoo's Tumblr page shows the company's new logo. (Yahoo, AP)

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Washington - Yahoo said on Saturday that it acquired tech company Bread, a URL shortener that allows users to design then target advertisments to readers who click on their links.

"Through this acquisition, we're gaining a team of six engineers and product managers who will join our advertising technology organisation in Sunnyvale," a Yahoo spokesperson said.

Bread, which has already been shuttered, allowed users to make and insert ads that people clicking through to a shortened link's webpage would have to view, according to media.

"When we launched Bread in 2011, our goal was to help social media influencers and publishers better monetise their online content," the company said in a statement.

All Bread links will be viable until 11 November, at which point the company says users should switch to another URL shortener, bit.ly.

Yahoo has been undergoing major changes since former Google executive Marissa Mayer became boss just over a year ago, notably acquiring what is now more than 20 startups including the billion-dollar buy of blog platform Tumblr.

Read more on:    yahoo  |  computing  |  technology
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