What's More Exciting To Yahoo! Than The Royal Wedding? (YHOO)
How about 30 million unique users and 400 million page views in one day?
Business Insider reports that Yahoo! (NASDAQ: YHOO) achieved just that on what was dubbed Royal Wedding Friday. Yahoo!'s video traffic soared as well, breaking the previous record by 21%.
Yahoo! intends to maintain its growing traffic with the help of Jai Singh, the former managing editor of the Huffington Post. Singh, who comes to Yahoo! as the new editor-in-chief of the company's media network, will (according to Business Insider) be tasked with organizing the website, maximizing revenue, and recruiting new talent.
While Business Insider feels that Singh's arrival comes at an interesting time for Yahoo's content division (noting that while its roster of sites is impressive, Associated Content's traffic has recently fallen), the company's stock price is near its year-long high, currently trading at $18.18.
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