Feeds

Yahoo! press reports are 'full of sh*t' - CEO Semel

No need to be so polite, Terry

Secure remote control for conventional and virtual desktops

Yahoo! has become leakier than a sieve. Typically this is a sign of an unhappy place to work - which Yahoo! may or may not be, we hesitate to judge.

But two recent important leaks springing from the world's former favourite dotcom darling show different motives at play.

Last month, the WSJ published the incomprehensible Peanut Butter manifesto, penned by Yahoo! senior veep Brad Garlinghouse: this was "leaked" in the way that politicians leak stuff to pet journalists. Designed to prove that the company knows what it must do to fight Google, it proved definitively that Microsoft really should add a platitude-checker to MS-Word.

And this week we have a howl of indignation from Terry Semel, Yahoo!'s CEO, in an internal webcast to the troops, explaining the company's recent top-level re-org. His closing remarks were transcribed and published, fittingly enough on a Yahoo! 360° blog by a brave or stupid or sycophantic - or possibly all of the above - employee, to show what a fantastic leader Semel is.

Here goes:

At the next all-hands. Just as a reminder. I'm sorry I didn't do it today. I'm gonna put up there all of the press reports on how Yahoo! was going out of business 5 years ago. And of how we were gonna be swallowed up by AOL, owned by Time-Warner, and by Microsoft, and by everybody else. And Yahoo! looked like it had a dim future. Well those headlines, of course, were used to wrap a lot of fish in a lot of people's houses, as the expression goes. And they were all full of shit, and they had no idea what we had planned for them. And they do not now as well!

So, we could read about how I'm gonna join some retirement home. And we could read about how the company doesn't have a vision. And we could read about how we can't do this and we can't do that. Trust me, they will be as full of shit this time as they were last time.

So few words and so many hostages to fortune! Semel's rhetoric goes to show how well-balanced he is: he's got a chip on both shoulders.

Yahoo! doesn't need a vision: it's got enough eyeballs already. It just needs to get up to Google standards in contextualising and selling online ads, a market that it invented. OK so it was Overture that invented search-advertising - but Yahoo! bought that company and so has inherited its mantle. Yahoo! has a new advertising platform, called Panama, which is supposed to be better than its old advertising platform, and Semel's position as Yahoo!'s top dog depends mostly on the success of its roll-out.

So that's our shit: for some more of tomorrow's wrapping paper, turn to GigaOm's OM Malik who broadcast Semel's remarks to a wider world. ®

Beginner's guide to SSL certificates

More from The Register

next story
Download alert: Nearly ALL top 100 Android, iOS paid apps hacked
Attack of the Clones? Yeah, but much, much scarier – report
Broadband sellers in the UK are UP TO no good, says Which?
Speedy network claims only apply to 10% of customers
Virgin Media struck dumb by NATIONWIDE packet loss balls-up
Turning it off and on again fixes glitch 12 HOURS LATER
Yahoo! blames! MONSTER! email! OUTAGE! on! CUT! CABLE! bungle!
Weekend woe for BT as telco struggles to restore service
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
Facebook, working on Facebook at Work, works on Facebook. At Work
You don't want your cat or drunk pics at the office
Soz, web devs: Google snatches its Wallet off the table
Killing off web service in 3 months... but app-happy bonkers are fine
prev story

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Protecting against web application threats using SSL
SSL encryption can protect server‐to‐server communications, client devices, cloud resources, and other endpoints in order to help prevent the risk of data loss and losing customer trust.