Feeds

Yahoo! exec drain continues

But Yahoo!7 still growing

Internet Security Threat Report 2014

The Seven Network and Yahoo!’s online-TV-brand-hybrid, Yahoo!7, has revealed that revenue for the 2010 calendar year grew 37.7 per cent to $A91.5m. Online ad demand has helped drive net profits to $A22m.

Industry speculation suggests that the company is beefing up its executive team and is currently on the hunt for a chief operating officer to fill a newly created role.

The new executive would be the right hand to CEO Rohan Lund who has been at the helm of Yahoo!7 since 2007 and is behind a series of including Totaltravel, Australia’s largest online sports tipping website, Oztips, and most recently the $40m acquisition of grouping buying site Spreets last month.

Meanwhile, the Yahoo! group continues to lose senior executive staff, the most recent casualty Ken Mandel, regional VP sales and marketplaces at Yahoo Asia-Pacific. Mandel joined Yahoo in January 2008 as regional VP and managing director, Southeast Asia and took up the wider regional role in March 2010.

His role will be taken by Yahoo! executive Susanna Lee under a new title Senior Director, Asia Pacific Display Advertising.

Mandel’s departure continues Yahoo!’s global staff attrition. It has lost 15 senior executives in 18 months. In January this year, the company said it would slash a further 140 positions from its global workforce. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.