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Yahoo's chief executive Scott Thompson resigns after 5 months
Yahoo's chief executive Scott Thompson has resigned from his post amid rumours of health concerns ... statement to investors, Yahoo declined to provide reasons for Thompson's departure. Yahoo last week launched ... under Thompson that Yahoo moved to sue Facebook over alleged patent infringement. Previously president of PayPal, he took the reins from chief financial officer Timothy Morse, Yahoo's interim chief executive ...
Yahoo chief apologises after CV padding
Yahoo's chief executive Scott Thompson has apologised to employees in a memo, after ... be "concluded promptly". According to reports, Third Point, which owns 5.8% of Yahoo shares has issued a legal demand to review how much the Yahoo board knew about Thomspon's qualifications before it hired him as chief executive in January. He assured Yahoo employees that he remains focused on taking the steps ...
Yahoo revenues improve but Europe struggles
Yahoo has unveiled a slight increase in revenues for the first quarter of 2012 to $1.22bn (£767m ... Net income rose 27.9% to $287.5m ( 180m), although this rise was due to Yahoo's investment income, as operating income fell 11% to $169.4m ( 106.2m). Revenues excluding traffic acquisition costs in Europe dropped 9% year on year to $88m ( 55m), while direct costs surged 31% to $40m ( 25m), though Yahoo ...
Yahoo chief calls for 'tenacious sales execution'
Yahoo chief executive Scott Thompson has put Christophe Parcot, EMEA vice-president of sales ... division called regions, with the Americas, Asia Pacific and EMEA "fully accountable for Yahoo's revenue ... , these teams will leverage our unique and vast data resources to position Yahoo! as the place to connect ... -president of sales since 2008, will lead EMEA on an interim basis while Yahoo searches for a new leader ...
Yahoo seeks new EMEA chief as Riley moves on
Yahoo's EMEA managing director Rich Riley is to return to the US, sparking a search for a ... to identify his next role. Yahoo is now looking internally and externally for a replacement. Riley, who has been at Yahoo for 14 years, became managing director of Yahoo Europe in early 2009 . The news ...
Yahoo's chairman and three directors quit the board in overhaul
Yahoo's chairman Roy Bostock and three other directors have announced they will step down ... -founder of Yahoo, resigned from the board. Marketing recently revealed a major restructure to its European ... been promoted to the role of senior director and head of marketing for the region. This month Yahoo ...
Yahoo launches search tool for iPhone and Android apps
Yahoo has launched an app search engine, which enables UK smartphone users to find and download ... app to phone". They will then receive a text message from Yahoo containing a link. Alternatively ... Marketing revealed that Yahoo's European marketing department had undergone a major restructure ...
Yahoo bolsters sales team with strategic hires
Yahoo has boosted its UK sales team with five new hires, including account group leaders ... ". Yahoo has hired Ben Murphy, former online and mobile controller at BSkyB, and Dan Durling, former ... alongside current account group leader, Matt White and report to Steve Brown, sales director at Yahoo UK. Yahoo is also boosting its direct response (DR) operation and has hired Experian's Gareth Shaw as its ...
Yahoo hit by search and display ad revenue drops
Yahoo's revenue and profits both slipped in the fourth quarter of 2011, as the digital media ... Excluding commissions paid to partners, Yahoo's revenue dropped 3% to $1.17bn ( 750m ... and experiences to both our users and advertisers." Last quarter saw Yahoo sign an agreement with AOL ... boosting display ad sales. News of Yahoo's decline in ad revenues comes in the week after the company ...
Yahoo co-founder Jerry Yang steps down
Jerry Yang, the co-founder of Yahoo and a key opponent to Microsoft's 2008 bid for the one ... Yang has been on the board of Yahoo since starting the company with David Filo 17 years ago. He ... Microsoft . Yahoo's investors have subsequently regretted the failure of that deal, as Yahoo s market ... in Yahoo, or the company selling off its 40% stake in Chinese internet company Alibaba. Macquarie ...
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