Yahoo not dead yet, feeling much better, thinks it will go for a walk with ABC

Yahoo is teaming up with ABC News to share content on news stories. Yahoo News gets more unique visitors than any other news site so this is kind of a big alliance in the face of Huffington Post and various other competitors. It gives ABC News a bunch of eyeballs, it gives Yahoo some extra credibility and some big name news personalities like Diane Sawyer and George Stephanopoulos.