Kevin Timmons: Microsoft hires yet another Yahoo executive
Microsoft has announced the appointment of Kevin Timmons as the new head of their Data Center Services.
He comes to Microsoft from Yahoo.
He takes over from Michael Manos who had left the job to join Digital Realty Trust.
This is not the first such appointment from Microsoft [...]
Tim Morse is the new CFO of Yahoo
US based internet media giant Yahoo has announced the appointment of Tim Morse as their new Chief Financial Officer.
He comes to Yahoo from chip maker Altera.
He is taking over the job profile left vacated by Blake Jorgensen.
Blake Jorgensen had left Yahoo after the appointment of Carol Bartz as [...]
Microsoft still interested in Yahoo deal
Microsoft has said that they still see a lot of value in collaboration with Yahoo.
Microsoft has no intentions of acquiring Yahoo however.
Microsoft CEO Steve Ballmer said: “I have said many times that we no longer are interested in acquiring Yahoo, but we’d see the potential to create real [...]
Yahoo could cut more jobs
Market sources say that the US based internet media giant Yahoo could cut more jobs to keep the costs low.
Yahoo is also said to be back in talks with Microsoft over a possible collaboration.
Sources say that the company could announce the latest round of job cuts as early [...]
Yahoo and Microsoft talking over an ad deal?
Wall Street Journal has reported that Microsoft and Yahoo are back in talks. This time for a possible web advertising related deal.
The two companies could collaborate together to sell web advertising together.
The report stated that there are no hints of a potential acquisition deal in these [...]
Yahoo posts a loss as they still look for ways to survive
Internet media giant Yahoo has posted a fourth-quarter loss.
The company continues to suffer from shrinking demand for online ads.
Yahoo has posted a loss of $303.4 million in the most recent quarter.
This is a pretty bad performance when compared to profits of [...]
Yahoo nearing CEO announcement?
Wall Street Journal has reported that the US based internet media giant Yahoo is close to announcing a new CEO of the company.
One of the names doing the rounds is of Carol Bartz, the former chief executive officer of Autodesk.
Yahoo has not stated anything on these latest reports in the [...]
Yahoo invests in INMAC
US based internet media giant Yahoo has acquired a 30 per cent stake in Chennai based tele-information service provider Info Network Management Company.
The value of the deal has not been revealed to the media.
The two companies said that Yahoo would now get a representation in INMAC’s board.
INMAC is most popularly [...]
Yahoo job cuts include 45 positions in India
Internet media giant Yahoo has started cutting jobs in their worldwide operations.
This job cut includes around 45 positions in their Indian operations.
A company representative spoke about the new developments: “Around three percent (45 people) of our India headcount, which is 1,500, has been asked to go Wednesday as [...]
Ballmer shows interest in Yahoo deal again
The Microsoft Yahoo drama continues as Steve Ballmer has again shown interest in getting into a deal with Yahoo.
He said in a interview: “I think a search deal makes great sense for Microsoft, and Yahoo. I think I’ve been very open about that. I think good ideas are [...]
