Feeds

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

No need to be so polite, Terry

Gartner critical capabilities for enterprise endpoint backup

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. ®

Boost IT visibility and business value

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
So, Apple won't sell cheap kit? Prepare the iOS garden wall WRECKING BALL
It can throw the low cost race if it looks to the cloud
EE accused of silencing customer gripes on social media pages
Hello. HELLO. Can EVERYTHING EVERYWHERE HEAR ME?!
Time Warner Cable customers SQUEAL as US network goes offline
A rude awakening: North Americans greeted with outage drama
Shoot-em-up: Sony Online Entertainment hit by 'large scale DDoS attack'
Games disrupted as firm struggles to control network
BT customers face broadband and landline price hikes
Poor punters won't be affected, telecoms giant claims
Broadband slow and expensive? Blame Telstra says CloudFlare
Won't peer, will gouge for Internet transit
prev story

Whitepapers

A new approach to endpoint data protection
What is the best way to ensure comprehensive visibility, management, and control of information on both company-owned and employee-owned devices?
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Maximize storage efficiency across the enterprise
The HP StoreOnce backup solution offers highly flexible, centrally managed, and highly efficient data protection for any enterprise.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.