SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549



                                  SCHEDULE 13G
                    Under the Securities Exchange Act of 1934

                               (Amendment No. 3)*


                                   Yahoo! Inc.
- --------------------------------------------------------------------------------
                                (Name of Issuer)


                                  Common Stock
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                   984332-10-6
            -------------------------------------------------------
                                 (CUSIP Number)




         Check the following box if a fee is being paid with this statement [_].
(A fee is not required only if the filing person: (1) has a previous statement
on file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).


                                Page 1 of 5 pages







- ---------------------
CUSIP NO. 984332-10-6
- ---------------------
- --------------------------------------------------------------------------------
 1.  NAME OF REPORTING PERSON
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
               SOFTBANK Holdings Inc.*
- --------------------------------------------------------------------------------
 2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

                                                                     (a)  [  ]
                                                                     (b)  [  ]
- --------------------------------------------------------------------------------
 3.  SEC USE ONLY


- --------------------------------------------------------------------------------
 4.  CITIZENSHIP OR PLACE OF ORGANIZATION
               Delaware
- --------------------------------------------------------------------------------
                   5.  SOLE VOTING POWER
  NUMBER OF              13,922,842 Shares Common
    SHARES        --------------------------------------------------------------
BENEFICIALLY       6.  SHARED VOTING POWER
  OWNED BY
    EACH          --------------------------------------------------------------
 REPORTING         7.  SOLE DISPOSITIVE POWER
   PERSON                13,922,842 Shares Common
    WITH          --------------------------------------------------------------
                   8.  SHARED DISPOSITIVE POWER

- --------------------------------------------------------------------------------
 9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                  13,922,842 Shares
- --------------------------------------------------------------------------------
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
                                                                      [  ]
- --------------------------------------------------------------------------------
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 
                  32.30%
- --------------------------------------------------------------------------------
12.  TYPE OF REPORTING PERSON

                  CO
- --------------------------------------------------------------------------------




- --------

*   SOFTBANK Holdings Inc. is a wholly-owned subsidiary of SOFTBANK Corporation.
Mr. Son is the President and Chief Executive Officer of, and owns directly and
indirectly approximately 50% interest in, SOFTBANK Corporation.


                                Page 2 of 5 pages







- ---------------------
CUSIP NO. 984332-10-6
- ---------------------
- --------------------------------------------------------------------------------
 1.  NAME OF REPORTING PERSON
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

               SOFTBANK Corporation (IRS#: N/A)
- --------------------------------------------------------------------------------
 2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

                                                                     (a)  [  ]
                                                                     (b)  [  ]
- --------------------------------------------------------------------------------
 3.  SEC USE ONLY


- --------------------------------------------------------------------------------
 4.  CITIZENSHIP OR PLACE OF ORGANIZATION
               Japan
- --------------------------------------------------------------------------------
                   5.  SOLE VOTING POWER
  NUMBER OF              13,922,842 Shares Common
    SHARES        --------------------------------------------------------------
BENEFICIALLY       6.  SHARED VOTING POWER
  OWNED BY
    EACH          --------------------------------------------------------------
 REPORTING         7.  SOLE DISPOSITIVE POWER
   PERSON                13,922,842 Shares Common
    WITH          --------------------------------------------------------------
                   8.  SHARED DISPOSITIVE POWER

- --------------------------------------------------------------------------------
 9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                  13,922,842 Shares
- --------------------------------------------------------------------------------
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
                                                                      [  ]
- --------------------------------------------------------------------------------
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 
                  32.30%
- --------------------------------------------------------------------------------
12.  TYPE OF REPORTING PERSON

                  HC
- --------------------------------------------------------------------------------



                                Page 3 of 5 pages







- ---------------------
CUSIP NO. 984332-10-6
- ---------------------
- --------------------------------------------------------------------------------
 1.  NAME OF REPORTING PERSON
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

               Masayoshi Son (IRS#: N/A)
- --------------------------------------------------------------------------------
 2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

                                                                     (a)  [  ]
                                                                     (b)  [  ]
- --------------------------------------------------------------------------------
 3.  SEC USE ONLY


- --------------------------------------------------------------------------------
 4.  CITIZENSHIP OR PLACE OF ORGANIZATION
               Japan
- --------------------------------------------------------------------------------
                   5.  SOLE VOTING POWER
  NUMBER OF              13,922,842 Shares Common
    SHARES        --------------------------------------------------------------
BENEFICIALLY       6.  SHARED VOTING POWER
  OWNED BY
    EACH          --------------------------------------------------------------
 REPORTING         7.  SOLE DISPOSITIVE POWER
   PERSON                13,922,842 Shares Common
    WITH          --------------------------------------------------------------
                   8.  SHARED DISPOSITIVE POWER

- --------------------------------------------------------------------------------
 9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                  13,922,842 Shares
- --------------------------------------------------------------------------------
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
                                                                      [  ]
- --------------------------------------------------------------------------------
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 
                  32.30%
- --------------------------------------------------------------------------------
12.  TYPE OF REPORTING PERSON

                  IN
- --------------------------------------------------------------------------------



                                Page 4 of 5 pages







         After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

February 17, 1998
                                    SOFTBANK HOLDINGS INC.


                                    By:   /s/ Stephen A. Grant
                                       -----------------------------------------
                                            Stephen A. Grant, Secretary


                                    SOFTBANK CORPORATION


                                    By:   /s/ Stephen A. Grant
                                       -----------------------------------------
                                            Stephen A. Grant, Attorney-in-Fact


                                    MASAYOSHI SON


                                    By:   /s/ Stephen A. Grant
                                       -----------------------------------------
                                            Stephen A. Grant, Attorney-in-Fact

















                                Page 5 of 5 pages





                                POWER OF ATTORNEY


         KNOW ALL MEN BY THESE PRESENTS, that Masayoshi Son and SOFTBANK
Corporation (each a "Grantor") have made, constituted and appointed, and by
these presents does make, constitute and appoint, each of Ronald D. Fisher and
Stephen Grant (each an "Attorney"), the true and lawful agent and
attorney-in-fact, with full power of substitution and resubstitution, of the
Grantor, for and in Grantor's name, place and stead, in any and all capacities,
to do all or any of the following acts, matters and things:

         1.   To sign on behalf of the Grantor statements on Schedule 13D or
              13G, or amendment thereto pursuant to Section 13(d) under the
              Securities Exchange Act of 1934.

         2.   To do all such other acts and things as, in such Attorney's
              discretion, he deems appropriate or desirable for the purpose of
              filing such statements on Schedule 13D or 13G, or amendment
              thereto.

         3.   To appoint in writing one or more substitutes who shall have the
              power to act on behalf of the Grantor as if that substitute or
              those substitutes shall have been originally appointed Attorney(s)
              by this Power of Attorney and/or to revoke any such appointment at
              any time without assigning any reason therefor.

         The Grantor hereby ratifies and confirms all that said agents and
attorneys-in-fact or any substitute or substitutes may lawfully do or cause to
be done by virtue hereof.

         The words Grantor and Attorney shall include all grantors and attorneys
under this Power of Attorney.

         IN WITNESS WHEREOF, the Grantor duly assents to this Power of Attorney
by his signature as of the 17th day of February 1998. 


                                        Masayoshi Son

                                                /s/ Masayoshi Son
                                            ------------------------------------
                                               Masayoshi Son

                                        SOFTBANK Corporation

                                                /s/ Masayoshi Son
                                            ------------------------------------
                                               Masayoshi Son, President and CEO