Yahoo reported a net profit of $390.3 million for the quarter ending March 31, 2013, registering a 36% growth from $286.3 million profit in the same quarter last year. Here are some notes from Yahoo’s Investor conference call: - Focus Shifts To Product Building: Yahoo CEO Marissa Mayer said that they have reaching the end of the first phase, which was getting people to believe in Yahoo and making the company a great place to work. Now their focus is currently on building good products and executing well against their business strategy. - Personalization Is The Key: Mayer said that personalization would be the main differentiator for Yahoo going forward, both in terms of content and ads and she believes that ads can and should be a part of the user experience. She added that for every content personalization they do, the company is also looking at improving the ad experience for users. - Acquisitions: Yahoo made two talent acquisitions during the quarter - a nearby place recommendation mobile app Alike and a personalized recommendation company Jybe. It also acquired both the technology and talent of the mobile news aggregation app Summly last month. Summly uses natural language algorithms and machine learning to offer quick news summaries to users. Yesterday, Yahoo debuted a new iOS app, which includes Summly's technology to provide quick story summaries to users. Mayer said that Yahoo will continue to look at more acquisitions from talent and product differentiation perspective, which can quickly and easily be integrated to their business. - New Yahoo Homepage: During the quarter, Yahoo launched…
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