Yahoo denies VoIP rumor

Yahoo has denied a rumor that it plans to launch a VoIP service in the next two weeks. Safa Rashtchy, a Piper Jaffray analyst, claimed that Yahoo was preparing to launch a peer-to-peer VoIP service similar to Skype as a part of its popular IM application. Yahoo did not deny that it is working on voice applications, but said that the rumor in question was not true. Earlier this year, Yahoo said it was going to drop the walkie-talkie style voice application it previously used on Yahoo Messenger in favor of a VoIP offering. Last week the company launched Yahoo Messenger with Voice, a voice edition of its IM application.

For more on Yahoo's denial of the VoIP rumor:
- check out this piece from internetnews.com