Yahoo Brightens Up as Q1 Profits Rise 28% / image via EuroNews

Internet pioneer Yahoo! Inc. showed a 28% rise in its profits for the first quarter of the year, a definite bright light in the company’s faltering financial image as it battles it out for business leadership with today’s new Internet giants.
BBC News this morning said Yahoo! reported a net income of $286 million for its operations during the first three months of this year, from revenue of about $1.08 billion for the …