Q4 financial results have hit us hard this week, from all directions.
Yes it's ridiculous that Apple’s quarterly net profit was larger than Google's Q4 gross revenue ($13bn versus £10.6bn), and yes it's sad to see Nintendo almost triple its estimated losses.
But what of Yahoo? It's still hanging on in there, with control of millions of Yahoo mail accounts and a chunk of display thrown in good measure.
Occasionally, you'll see a post on a significant move by company
founders and CEOs but for the most part these pages will show you how to
make marketing (and the internet) better.
Today marks the first of a weekly digest of the most senior and
significant job moves from the past week in the US. After our UK contingency
launched their moves digest last week, we thought it was important that
we did the same. We all know that a change in who runs a company could
affect how we all do our business so we should cover it.
Every Friday morning, starting from today, come to us for the latest
in who's flying in to shake things up and who's shuffled off to parts
Yahoo's co-founder, Jerry Yang, has resigned from the company he cultivated for 17 years to pursue new opportunities. This announcement comes only two weeks after the appointment of Scott Thompson as Yahoo's new CEO.
In a statement to the board, Yang wrote, "My time at Yahoo, from its founding to the present, has encompassed some of the most exciting and rewarding experiences of my life. However, the time has come for me to pursue other interests outside of Yahoo."
Is Yahoo a media company, or a technology company? It's a question the company has long struggled with.
If you look at the recent appointment of former PayPal president Scott Thompson as CEO, you might suspect that Yahoo is aiming to be a technology company once again.
After all, Thompson was once PayPal's CTO, a VP of technology solutions at a Visa subsidiary and a CIO at Barclays.
But the fact that Thompson is a technologist doesn't mean that Yahoo is ditching its Hollywood connection, cemented during Terry Semel's reign, either. In fact, it's upping the ante with a deal that will see it distributing exclusively a new animated sci-fi series.
Yahoo has confirmed the appointment of PayPal president Scott Thompson as its new CEO.
Thompson’s decision to jump ship comes at a strange time, as PayPal is one of eBay’s fastest growing divisions and is in a strong position to take advantage of the growth in m-commerce.
In early 2008, Microsoft was willing to spend close to $45bn to buoy its
search position. We know what happened next: Yahoo rebuffed, Microsoft
walked away and Yahoo has floundered ever since.
It turned out to be a blessing in disguise for Microsoft. The economy,
along with the stock market, tanked later in the year, saving Microsoft
from what could have gone down as one of the worst timed deals in
And despite the stock market's rebound over the past
several years, Yahoo is still valued at well under half of what
Microsoft was willing to pay in 2008.
Interactive ‘Living Ads’ for the Toyota’s Prius V have started to appear in Yahoo’s new Livestand iPad app.
Yahoo says the Living Ad format is more engaging for consumers since it uses photography and sequenced videos to grab people's attention.
Yahoo has attracted 1m visitors to its website as part of a promotion for The Twilight Saga's Breaking Dawn episode.
The multichannel campaign ran in partnership with Summit Entertainment, featuring a week of exclusive content, ads, promotions and a sweepstake to win a new Volvo. This culminated in a live stream of the red carpet at the film’s Los Angeles premiere on Yahoo Movies.
Social media may be alive and well, but some of the most prominent web properties that rose during 'Web 2.0' have seen better days.
From Digg to Delicious, if the rise and fall of companies that were supposed to change the web, if not the world, reminds us of anything, it's this: the consumer internet market evolves rapidly, and can be as brutal to the losers as it is rewarding to the winners.
But can a Web 2.0 has-been be brought back to life by a couple of entrepreneurs who built one of its biggest winners? Steve Chen and Chad Hurley, who founded YouTube, hope so.
Yahoo is still one of the largest consumer internet companies, and one of the most recognizable technology brands in the world. But it's also arguably one of the most troubled publicly-traded technology companies in the world.
In January 2009, the company hired Carol Bartz as CEO to change that. Bartz had previously led software maker Autodesk, and her successes there provided some hope to Yahoo and its shareholders that the company could be turned around.
But little more than two years later, Yahoo's board decided that progress, if any, hasn't been great enough, and yesterday fired Bartz.