Yahoo had reported a net profit of $331 million for the quarter ending May 30, 2013, up 46% from $226 million profit in the same quarter last year. Here are some notes from Yahoo’s Investor conference call: Shift from people to product development: Yahoo CEO Marissa Mayer said that Yahoo is currently in second sprint which is all about execution, improving products and increasing traffic. Its first sprint, according to her, was getting people to believe in Yahoo and making the company a great place to work. Yahoo weather app: During the quarter, Yahoo launched a standalone weather app and Mayer noted that since its launch daily users have increased by 150%. Note that Yahoo's weather app takes image background from Yahoo's photo sharing app Flickr. 3x more uploads on Flickr: Coming to Yahoo's photo sharing app Flickr, Yahoo launched a new version of Flickr web…
