Yahoo 2010 Annual Report Download - page 14

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intelligence, and various social sciences. In addition to Yahoo! Labs, the Product Development organization
contains our Cloud Computing group which provides the common computing infrastructure upon which our
products are delivered, including grid computing. Finally, the Product Development organization contains our
Cloud Platforms group, which focuses on the common elements that are embedded in multiple Yahoo! Products.
These elements include the user data base and login, video and social connection platforms.
Our engineering and production teams are primarily located in our Sunnyvale, California headquarters,
Bangalore, India and Burbank, California. Product development expenses for 2008, 2009, and 2010 totaled
approximately $1.2 billion, $1.2 billion, and $1.1 billion, respectively, which included stock-based compensation
expense of $178 million, $206 million, and $107 million, respectively.
INTELLECTUAL PROPERTY
We create, own, and maintain a wide array of intellectual property assets that we believe are among our most
valuable assets. Our intellectual property assets include patents and patent applications related to our innovations,
products and services; trademarks related to our brands, products and services; copyrights in software and
creative content; trade secrets; and other intellectual property rights and licenses of various kinds. We seek to
protect our intellectual property assets through patents, copyrights, trade secrets, trademarks and laws of the U.S.
and other countries, and through contractual provisions. We enter into confidentiality and invention assignment
agreements with our employees and contractors, and utilize non-disclosure agreements with third parties with
whom we conduct business in order to secure and protect our proprietary rights and to limit access to, and
disclosure of, our proprietary information. We consider the Yahoo! trademark and our many related company
brands to be among our most valuable assets, and we have registered these trademarks in the U.S. and other
countries throughout the world and actively seek to protect them. We have licensed in the past, and expect that
we may license in the future, certain of our technology and proprietary rights, such as trademark, patent,
copyright, and trade secret rights, to third parties. Additional information regarding certain risks related to our
intellectual property is included in Part I, Item 1A “Risk Factors” of this Annual Report on Form 10-K and is
incorporated herein by reference.
EMPLOYEES
As of December 31, 2010, we had approximately 13,600 full-time employees. Our future success is substantially
dependent on the performance of our senior management and key technical personnel, as well as our continuing
ability to attract, maintain the caliber of, and retain highly qualified technical and managerial personnel.
Additional information regarding certain risks related to our employees is included in Part I, Item 1A “Risk
Factors” of this Annual Report on Form 10-K and is incorporated herein by reference.
AVAILABLE INFORMATION
Our Website is located at http://www.yahoo.com. Our investor relations Website is located at
http://yhoo.client.shareholder.com. We make available free of charge on our investor relations Website under
“SEC Filings” our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form
8-K, and any amendments to those reports as soon as reasonably practicable after we electronically file or furnish
such materials to the U.S. Securities and Exchange Commission (“SEC”). The SEC maintains a Website that
contains reports, proxy and information statements, and other information regarding our filings at
http://www.sec.gov.
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