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Tuesday, 5th December 2006

Briefs: Yahoo Reorganization Announced; Yahoo VP Talks About Innovation (Video Clip)

+ The Google Newsletter for Librarians (December 2006) Issue is Now Online

+ Yahoo Exec Reorginization Announced
Quite a day at Yahoo on Tuesday. At about 5:20 EST, Reuters runs a story that reported on Yahoo's Chief Sales Officer, Wenda Harris Millard, who said that talk of a shakeup was exaggerated after the publication of what has become known as "The Peanut Butter Manifesto."

It was pretty silly in terms of the noise that was made of it," Yahoo Chief Sales Officer Wenda Harris Millard said at a UBS global media conference here. "You could take Yahoo's name off that and put the name of any company you ever worked for on it."

"I found it annoying," she said

Well, it now appears that some exec changes at Yahoo are underway.

This new Reuters story, "Yahoo to reorganize, CFO Decker gets key role," reports that Decker will take charge of a new Yahoo unit that will focus on advertising and is now the likely succesor to CEO Terry Semel when he retires.

So what about another contender for the CEO position, COO Daniel Rosensweig?

According to Reuters, Daniel Rosensweig will leave the company in March.

From the article,

"As far as layoffs go, we are absolutely organizing for growth," Semel, who is also Yahoo's chairman, told Reuters in an interview to discuss the moves. "We continue to hire."

The company is reorganizing into two business segments: Audiences, which will oversee media, e-commerce, search and communication products and services, and Advertisers and Publishers, which makes money from ads aimed at the audiences. Decker will head the latter, the company said in a statement.

The Wall Street Journal's Kevin Delaney,
is also reporting that Lloyd Braun, head of Yahoo's Entertainment Group, will also leave the company, "say the people familiar with the matter."

See Also: SEL and Searchblog

+ Yahoo VP Talks about Innovation (Video Clip) & Transcript of Bringing the Next Net to the Mass Market at Fortune Innovations Forum
Yahoo VP Bradley Horowitz talks about innovation, failure, Yahoo Developer Network, etc. Recorded at the end of November at the Fortune Innovation Forum in NYC. It runs a little less than 3 minutes.
See Also: Partial Transcript of a Panel at Innovation Forum (November 30th): Bringing the Next Net to the Mass Market
Moderated by: Om Malik and Erick Schonfeld, Business 2.0
Participants: Bradley Horowitz (Yahoo!), Steve Berkowitz (Microsoft) and Kevin Rose (Digg)

+ BitTorrent Raises $20 Million (via The Deal)


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