Yahoo's dysfunctional turnaround efforts have morphed into a Silicon Valley soap opera, one that has taken another strange twist with the Internet company's ousting of CEO Scott Thompson just four months after his arrival.
SAN FRANCISCO (AP) -- Yahoo's dysfunctional turnaround efforts have morphed into a Silicon Valley soap opera, one that has taken another strange twist with the Internet company's ousting of CEO Scott Thompson just four months after his arrival....
Tesla CEO Elon Musk is not feeling new HBO show "Silicon Valley." RE/Code reporter Nellie Bowles caught up with Musk after the show premiered in San Francisco. Here's what he said: "Most startups are a soap opera, but not that kind of soap opera...
By Mel Daris:There may be worry these days about the direction Yahoo! (YHOO) is headed in. The fears are validated by a looming internal battle between the stakeholders of the company. Since the introduction of new CEO Scott Thompson in January, there has been a change in the environment surrounding the company.
By Vindu Goel MUMBAI: If Mark Zuckerberg hopes to deliver on his vision of bringing the Internet to the 4 billion people who lack it, the Facebook chief will first need to make his plan more appealing to salesmen like Shoaib Khan. Khan's perfume and cellphone shop in one of this city's many slums recently displayed a large blue banner advertising Zuckerberg's project, called Internet.org, in the back. Another sign for the free package of Internet services — offered in India through the cellphone carrier Reliance Communications — was posted prominently in front.
BI ScreenshotYahoo CEO Marissa Mayer and the rest of the board members are not on the same page, creating a "totally dysfunctional situation," according to the NY Post.
The report said the difference between the two sides is growing, and now it's affecting the bankers representing each party as well.
A year ago, after a decade of mismanagement, Yahoo had been written off for dead. Mention Yahoo in the company of 20-somethings, and they would look at you with a mixture of curiosity and pity. Yahoo? Wasn't that a boring old web service that people used back in grandpa's day?