Feeds

Yahoo!'s Decker! defends! Goo-Hoo!

'It's our choice every day...'

SANS - Survey on application security programs

Yahoo! president Susan Decker has criticised the company’s naysayers, many of whom have protested against the fraught firm’s recent web search ad deal with Google.

In an interview with Reuters on Friday, she insisted that the new Goo-Hoo! agreement would not nullify Yahoo!’s position in the internet search market where it is second-placed behind, er, Google.

Decker said Yahoo!’s Panama search advertising system would not be hampered by the deal. Instead she reckoned the agreement would help bring in more cash off of less popular search terms.

“It’s really a back-fill in places where we’re not doing much business,” she said. “It’s our choice every day whether and how we might serve ads from Yahoo! or Google, or a third party if we opened it up further.”

But she refused to be drawn on the inner turmoil that has engulfed Yahoo! over the past week, which has seen a number of key executives scurry for the exit door.

Shares, which are currently trading at $21.99 on Wall Street, have tumbled 16 per cent since the Sunnyvale, California-based firm walked away from buyout talks with Microsoft.

Decker, did however acknowledge why many gobsmacked investors have grumbled about the company’s surprising Google tie-in.

“This is a unique deal. The market and participants are still getting their arms around what this means,” she said.

“It’s not a wholesale or even partial getting out of a business, and that’s where I think there’s been a lot of noise from various parties that are trying to characterise it as something different.”

Meanwhile, Russian search engine and portal website Yandex announced on Friday that it had hired Vish Makhijani as its new president and CEO of its San Francisco Bay Area lab.

Until last week, Makhijani had served as Yahoo’s senior vice president in charge of search.

Yandex CEO Arkady Volozh said: "Vish and his group at Yandex Labs will help to develop and improve Yandex's core technology capabilities including the quality of algorithmic search for the Russian audience."

He added: "We did not hesitate to go the extra mile to find this rare talent." ®

High performance access to file storage

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.