GenevaLunch » Yahoo

Yahoo boss gets the boot, via phone

Ellen Wallace — Wed, 07 Sep 2011 14:11:38 +0000

GenevaLunch.com GENEVA, SWITZERLAND – Carol Bartz, the woman who promised to turn around Yahoo after replacing founder Jerry Yang as CEO in 2008, has been fired, apparently for failing to live up to that promise. Bartz sent an e-mail to all employees, via her iPhone, saying she had just been told over the phone by Chairman [...]

Yahoo boss gets the boot, via phone © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

Yahoo, Microsoft reported to be close to signing deal

Ellen Wallace — Wed, 29 Jul 2009 07:47:10 +0000

GenevaLunch.com The Financial Times reports that Yahoo and Microsoft are “on the brink of sealing an online alliance that could create a more formidable rival to Google”, ending 18 months of uncertainty in the Internet world as Microsoft first chased, then attempted to woo Yahoo. The two reportedly are agreeing to share future online advertising revenue [...]

Yahoo, Microsoft reported to be close to signing deal © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

McDonald’s moves European head office to Geneva

Ellen Wallace — Sun, 12 Jul 2009 18:08:15 +0000

GenevaLunch.com Geneva, Switzerland (GenevaLunch) – The latest company to leave the UK and move to Switzerland is fast food giant McDonald’s, which will shift its European head office to Geneva later in 2009, the Tribune de Geneve reported late Friday. European president Denis Hennequin and a small team of possibly a dozen people will make the [...]

McDonald’s moves European head office to Geneva © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

Time Warner close to spinning off AOL

Sean Ecker — Thu, 28 May 2009 10:25:01 +0000

GenevaLunch.com Executives at Time Warner are close to taking the decision to spin off the internet portal AOL entirely, acording to the Financial Times. The company has been in talks with both Microsoft and Yahoo to try to find a buyer for the troubled division. Time Warner merged with AOL in 2001, creating the largest media [...]

Time Warner close to spinning off AOL © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

Microsoft, Yahoo talk rumours fly again

Ellen Wallace — Thu, 07 May 2009 05:47:09 +0000

GenevaLunch.com Microsoft CEO Steve Balmer’s current visit to Yahoo country in California has technology and business media speculating that he is meeting with Yahoo CEO Carol Bartz, to try to revive talks to create a search partnership, after discussions fell through in 2008. The two are struggling to gain greater shares of the search market where [...]

Microsoft, Yahoo talk rumours fly again © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

Yahoo to cut 5 percent of workforce

Ellen Wallace — Wed, 22 Apr 2009 05:03:20 +0000

GenevaLunch.com Shares in Yahoo rallied Tuesday 21 April after the company reported first quarter figures in line with forecasts, but it said there are still “dark clouds on the horizon” with ad revenue down. The company plans to cut 5 percent of its global workforce, which numbered 13,600 at the start of 2009. It cut 10 [...]

Yahoo to cut 5 percent of workforce © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

Yahoo news executive goes to Hearst as “shakeup” begins

Ellen Wallace — Tue, 24 Feb 2009 08:49:56 +0000

GenevaLunch.com A management shakeup at Yahoo is in the works, under new CEO Carol Bartz, who replaced founder Jerry Yang at the start of 2009, but one top executive, Neeraj Khemlani, head of the news and information division, has left for a job with Hearst. Financial Times (Ed. note: Yahoo is expected to open its European head office [...]

Yahoo news executive goes to Hearst as “shakeup” begins © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

Yahoo cuts costs by reducing severance package

Ellen Wallace — Thu, 11 Dec 2008 07:05:08 +0000

GenevaLunch.com Yahoo has settled a lawsuit brought by investors by reducing the severance plan it created in February 2008 when Microsoft made an unsolicited takeover bid. The costly programme has now been reduced so that employees dismissed within a year, rather than two years, of a takeover will receive severance. Reuters

Yahoo cuts costs by reducing severance package © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

Yahoo boss Jerry Yang steps down

Ellen Wallace — Tue, 18 Nov 2008 07:55:12 +0000

GenevaLunch.com Yahoo co-founder Jerry Yang has resigned as CEO, a job he has held since June 2007, but he will remain with the company as “Chief Yahoo,” effective as soon as the company finds a replacement. The company’s shares promptly rose 4% as investors brightened at the possibility a deal with Microsoft could now go through, [...]

Google, Yahoo may drop ad deal

Ellen Wallace — Fri, 31 Oct 2008 05:42:08 +0000

GenevaLunch.com A June deal between Google and Yahoo that would let Google use some of Yahoo’s online advertising space quickly ran into problems with the US Justice Department and the Wall St Journal is now reporting sources close to the deal as saying it could be dropped next week. The two have 80% of the online [...]