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A Yahoo spokeswoman sent along the following statement about Savitt: “We appreciate her contributions to Yahoo over the past three years and wish her well”.

Shares were flat in after-hours trade. Profit, excluding costs such as adjustments for stock-based compensation, was 16 cents a share.

Yahoo is conducting tests to include Google powered test results and ads in its own web search engine, indicating towards a possible partnership between the two giants and a red signal to Microsoft’s Bing, the current search partner of Yahoo.