YHOO: Yahoo (YHOO +1.7%) is "in serious discussions"...

10:49 AM Yahoo (YHOO +1.7%) is "in serious discussions" to buy address book app/plugin developer Xobni, sources tell AllThingsD. Much like to-do list app developer Astrid, Xobni would tie in well with Yahoo Mail. The company has raised $40M+ and has a solid App Store rating for its Smartr Contacts app, which automatically pieces together profile data for a user's phone and social media contacts. But it has failed to draw a huge following. Read comments

YHOO price at time of publication: $26.66. Check YHOO price now »

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Transcripts on YHOO

• Yahoo!'s CEO Discusses Q1 2013 Results - Earnings Call Transcript
• Yahoo! Management Discusses Q4 2012 Results - Earnings Call Transcript
• Yahoo! Management Discusses Q3 2012 Results - Earnings Call Transcript

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