Feeds

Yahoo! parts! ways! with! CFO!

Microhoo resurrection swansong

Build a business case: developing custom apps

Update: This story has been updated to include quotes from Carol Bartz's Yahoo! reorg blog post

Yahoo! has told the world that chief financial officer Blake Jorgensen is leaving the company. The struggling web portal announced the news this morning with an SEC filing.

The announcement comes less than a day after Jorgensen told an investor conference that Yahoo! had not ruled out the possibility of striking some sort of internet-search pact with Steve Ballmer and Microsoft.

"We want to do it for the right reasons and the right economics," he said, according to Bloomberg.

Earlier this week, reports indicated that new CEO Carol Bartz was preparing to reorganize the company's management structure. And this morning, Bartz announced the reorg with a blog post this morning - though she did not mention Jorgensen's departure.

"So today I’m rolling out a new management structure that I believe will make Yahoo! a lot faster on its feet. For us working at Yahoo!, it means everything gets simpler. We’ll be able to make speedier decisions, the notorious silos are gone, and we have a renewed focus on the customer," she wrote.

Details were few, but she did announce the creation of a new Customer Advocacy group. "After getting a lot of angry calls at my office from frustrated customers, I realized we could do a better job of listening to and supporting you. Our Customer Care team does an incredible job with the amazing number of people who come to them, but they need better resources. So we’re investing in that. After all, you deserve the very best.

"We’re also leaning on this team to make sure we’re all hearing the voice of our customers (consumers and advertisers)."

On Monday, Hearst announced the hiring of Neeraj Khemlani, the vice president and general manager of Yahoo News. And yesterday, Yahoo! confirmed the departure of Marco Boerries, who oversaw Yahoo!'s mobile efforts as head of the company's "Connected Life" division.

Prior to Jorgensen's Microhoo resurrection yesterday, Bartz had seemed to downplay the possibility of an agreement with Microsoft. During her first Yahoo! earnings call, the former Autodesk chief called search "a very valuable part of our business. Understanding the intent and goals of our users as they seek information online is extremely useful to our franchise in many ways."

But she did not directly address the possibility of selling Yahoo!'s search biz to Microsoft or entering some other search agreement with the company.

Meanwhile, Yahoo! has announced several new search-related ad tools in recent weeks. Last week, it tossed video ads into its search engine. And this week, it introduced new tools that allow advertisers to target web display ads according to a user's search activity. ®

Build a business case: developing custom apps

More from The Register

next story
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Amazon says Hachette should lower ebook prices, pay authors more
Oh yeah ... and a 30% cut for Amazon to seal the deal
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
Chips are down at Broadcom: Thousands of workers laid off
Cellphone baseband device biz shuttered
Feel free to BONK on the TUBE, says Transport for London
Plus: Almost NOBODY uses pay-by-bonk on buses - Visa
Nintend-OH NO! Sorry, Mario – your profits are in another castle
Red-hatted mascot, red-colored logo, red-stained finance books
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
prev story

Whitepapers

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.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
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.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Maximize storage efficiency across the enterprise
The HP StoreOnce backup solution offers highly flexible, centrally managed, and highly efficient data protection for any enterprise.