Yahoo! Slips, Grabs Hold of CBS’ Hand

amazing.jpgYahoo’s stocks slipped today, a day before its 3Q earnings report is to be released, but there’s hope on the horizon: That bastion of new media! That forward-thinking, innovative, creative conglomerate of white knightery! The strong, sure hand of … CBS?

The search engine is joining forces with CBS to offer local news clips on Yahoo’s site.

People can search for “news” by zip code, which is kinda cool. But we’ve been getting the sense that something’s rotten in the state of Yahoo lately, and we don’t think linking arms with the network that put Amazing Race on prime time is going to help.