================================================================================
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                             ----------------------

                                    FORM 8-K

                             ----------------------

                 Current Report Pursuant to Section 13 or 15(d)
                     of the Securities Exchange Act of 1934

                                January 23, 2007
                Date of Report (Date of Earliest Event Reported)

                             ----------------------

                                   Yahoo! Inc.
             (Exact name of Registrant as specified in its charter)

                             ----------------------

               Delaware                    0-28018                77-0398689
     (State or other Jurisdiction   (Commission File No.)        (IRS Employer
          of Incorporation)                                  Identification No.)

                                 701 First Ave.
                           Sunnyvale, California 94089
          (Address of principal executive offices, including zip code)

                                 (408) 349-3300
              (Registrant's telephone number, including area code)
- --------------------------------------------------------------------------------

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

|_| Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)

|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14d-2(b))

|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13e-4(c))



Item 2.02  Results of Operations and Financial Condition

         On January 23, 2007, Yahoo! Inc., a Delaware corporation ("Yahoo!")
announced its financial results for the fourth quarter and year ended December
31, 2006 and certain other information. A copy of Yahoo!'s press release
announcing these financial results and certain other information is attached
hereto as Exhibit 99.1.

         The information in this Current Report, including Exhibit 99.1, shall
not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act
of 1934 (the "Exchange Act") or otherwise subject to the liabilities under that
Section and shall not be deemed to be incorporated by reference into any filing
of Yahoo! under the Securities Act of 1933 or the Exchange Act.


Item 9.01 Financial Statements and Exhibits

      (d) Exhibits.

          The following exhibit is furnished with this report on Form 8-K:

          99.1    Yahoo! Inc. Press Release dated January 23, 2007.

                                       2


- --------------------------------------------------------------------------------
                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                     YAHOO! INC.

                                     By:   /s/ Susan Decker
                                           -------------------------------------
                                           Susan Decker
                                           Executive Vice President, Finance and
                                           Administration, and Chief Financial
                                           Officer (Principal Financial Officer)

Date: January 23, 2007

                                       3


                                   YAHOO! INC.

                                INDEX TO EXHIBITS



Exhibit Number             Description
- --------------             -----------

    99.1                   Yahoo! Inc. Press Release dated January 23, 2007

                                       4