On Thursday, Shares of Yahoo! Inc (NASDAQ:YHOO), gain 4.33% to $33.48. The stock is down -36.47% in this year through last close, and the beta ratio has a value of 1.29. The stock, as of recent close, has shown weekly upbeat performance of 0.69% which was maintained at 3.38% in 1-month period, after the company recently rolled out a new mail service for Apple (AAPL) iPhones and Android (GOOGL) products, in an effort to eliminate hassles for users.
According to detailed report, Yahoo Inc. (YHOO) recently made a number of product declaration, primarily in the area of communications.
This month marks Yahoo Mail’s 18th anniversary, and the company is celebrating that occasion by introducing a new Yahoo Mail app that is fast, intuitive and beautifully designed. Available on iOS (iPhone and iPad) and Android, the new app comes with a number of features, counting smarter search, contacts administration and rich compose.
“Email is the most prevalent way people communicate online. However, what we want from our inbox is evolving. Mobile use requires a faster and smarter inbox,” said Jeff Bonforte, senior vice president of communication products at Yahoo. “Both of these needs are at the center of our new app.”
“Passwords are difficult to remember and secondary sign-in verification is inconvenient and confusing,” said Dylan Casey, vice president of product administration at Yahoo. “Earlier this year we launched on-demand passwords using an SMS code. We’re now taking a major leap towards a password-free future with the launch of Yahoo Account Key, which uses push notifications to give users simple and secure access using their mobile device.”
The new Yahoo Mail app is available in the Apple App Store to all global users recently, and rolling out to Android users in Google Play starting recently. Additional information can be found on the Yahoo Tumblr.
Yahoo! Inc. provides search and display advertising services on Yahoo properties and associate sites worldwide. The company offers Yahoo Search that serves as a starting point to navigate the Internet and discover information; and Yahoo Answers, which enables users to seek, discover, and share knowledge and opinions across mobile phones, tablets, and desktops. It also provides Yahoo Mail that connects users to the people and things; Yahoo Messenger, an instant messaging service; and Yahoo Groups, which allows users to join groups based on shared interests and involvements.
