The battle of the search giants is at last heating up, with Yahoo! surpassing Google's traffic in the month of July for the first time since May 2011.

Marissa Mayer's upheaval of ageing search giant Yahoo! continues - this time with a glossy new logo design.

AltaVista, one of the original major search engines of the early online age, will be permanently shut down on July 8th, its parent Yahoo! has revealed.

Yahoo shares dropped 4% as sales of display ads - 40% of Yahoo's revenue - decreased 11%, while search revenue fell 10% to $425 million (£280m).

The furore stirred up by the leaked memo from Yahoo! CEO Marissa Mayer has inspired huge debate over remote working for employees, particularly at tech companies. No doubt Ms. Mayer believes that in order to revive Yahoo, she needs every one of the 10,000+ staff employed across the country. And while Yahoo have subsequently denied this move to be a 'broad industry view' on working from home, the majority of discussions have been roundly critical of the policy.