Yahoo Names Henrique De Castro COO

By THE DEADLINE TEAM | Monday October 15, 2012 @ 4:09pm PDT

This marks the most significant hire to date for CEO Marissa Mayer, who last month named Ken Goldman CFO. For this one she went back to her old stomping ground at Google to snatch Henrique de Castro, who was VP of Google’s worldwide Partner Business Solutions group, where he was responsible for advertising platforms and services for Google’s publisher and commerce partners. Before that, he helped grow Google’s media, mobile and platforms division. Here’s Yahoo’s release: READ MORE »

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Yahoo Taps Ken Goldman To Be CFO

By THE DEADLINE TEAM | Tuesday September 25, 2012 @ 2:14pm PDT

SUNNYVALE, Calif.– Yahoo! Inc. (NASDAQ: YHOO) today announced that Ken Goldman will join the company as chief financial officer (CFO), effective Oct. 22. In this role, he will be responsible for Yahoo!’s global finance functions including financial planning and analysis, controllership, tax, treasury, and investor relations. Goldman will report directly to Yahoo! CEO Marissa Mayer.

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Yahoo Completes $7.6B Stock Sale To Alibaba Group

By DAVID LIEBERMAN, Executive Editor | Tuesday September 18, 2012 @ 9:01am PDT

The deal that the companies struck in May cuts in half Yahoo‘s 40% stake in the Chinese e-commerce giant. But it leaves a big question unanswered: What will Yahoo do with the cash? The company initially said it would return “substantially all” of the proceeds to shareholders. Last month, CEO Marissa Mayer — who took the top job in July — said that she’s rethinking “our restructuring plan, our share repurchase program” and the Alibaba repayment promise as she weighs options to revive the struggling Internet content giant. Yahoo shares are down 2.3% so far in 2012. Here’s today’s announcement about the sale:

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Yahoo Shares Slide After It Warns That Investors May Not Receive Payback

By DAVID LIEBERMAN, Executive Editor | Thursday August 9, 2012 @ 3:17pm PDT

The stock is -3.5% in after hours trading following Yahoo’s SEC filing saying that CEO Marissa Mayer is rethinking the company’s strategic plan. The key part: she’s also reconsidering the company’s vow to return to shareholders most of … Read More »

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Ross Levinsohn Splits From Yahoo Two Weeks After Marissa Mayer Named CEO

By DAVID LIEBERMAN, Executive Editor | Monday July 30, 2012 @ 2:54pm PDT

It would have been awkward for former Interim CEO Ross Levinsohn to have stayed after Yahoo passed him over and named former Google exec Marissa Mayer to the top job. But he’ll be nicely compensated for his … Read More »

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Yahoo Layoffs Cost More Than It Envisioned

By DAVID LIEBERMAN, Executive Editor | Friday July 27, 2012 @ 2:34pm PDT

The Internet company thought it would have to spend as much as $145M on severance costs back in early April when it laid off 2,000 employees. But the cost could go to $200M, Yahoo says this afternoon in … Read More »

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Ryan Seacrest Productions Hires Ex-Yahoo Exec As EVP New Media

By THE DEADLINE TEAM | Friday July 20, 2012 @ 1:30pm PDT

LOS ANGELES (July 20, 2012) – Ryan Seacrest Productions announced today that it has expanded its executive ranks by hiring veteran digital entertainment executive Sibyl Goldman as Executive Vice President of New Media. Goldman will drive and manage all digital entertainment strategy and content initiatives for the company. Goldman will report directly to Ryan Seacrest Productions CEO Adam Sher.

Goldman has been immersed in digital media and entertainment for the past 15 years, most recently, as the Vice President of Entertainment at Yahoo!. She oversaw all of the company’s entertainment properties, and created omg!, the #1 entertainment news website, which has been launched locally in 15 countries around the world. Leveraging the success of this property, she also was responsible for launching “omg! now,” a daily video news program that garners more than 7 million viewers per month. In addition, she developed “Primetime in No Time,” the first web-based TV recap show of its kind, which has since delivered over 500 million streams and spawned a spin-off show, “Daytime in No Time.”

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Yahoo Offered $59M Package To Lure Marissa Mayer From Google

By DAVID LIEBERMAN, Executive Editor | Thursday July 19, 2012 @ 2:52pm PDT

Marissa MayerThe numbers in an SEC filing this evening are amazing — even if they don’t approach the astronomical outlays we so frequently see at Big Media companies including Viacom, Discovery, Disney, and News Corp. Yahoo’s Read More »

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Yahoo Beats Q2 Earnings Estimates But Revenues Remain Flat

By DAVID LIEBERMAN, Executive Editor | Tuesday July 17, 2012 @ 1:10pm PDT

UPDATE, 3:05 PM: CEO Marissa Mayer was a no-show on Yahoo’s analyst call to discuss Q2 earnings. “I’m sure you’ll be hearing from her soon,” CFO Tim Morse said. That limited his ability to discuss the company’s plans. There … Read More »

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Marissa Mayer Faces Skeptics On Day One As Yahoo’s CEO

By DAVID LIEBERMAN, Executive Editor | Tuesday July 17, 2012 @ 7:55am PDT

Marissa Mayer Yahoo CEOWall Street seems to be largely unimpressed by last night’s announcement that former Google exec Marissa Mayer signed on to be Yahoo‘s fifth CEO in five years. The Internet company’s shares … Read More »

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Surprise! Yahoo Names Google’s Marissa Mayer CEO

By DAVID LIEBERMAN, Executive Editor | Monday July 16, 2012 @ 1:43pm PDT

So much for all the talk last week about interim CEO Ross Levinsohn landing the top job on a more secure basis. Mayer, 37, was the 20th employee at Google — and emerged as one of the company’s most prominent representatives. An engineer, she was credited with developing the look and feel of its most popular products including Google Maps. But her path to the top seemed blocked by the presence of Google’s co-founders Sergey Brin and Larry Page. The news of her appointment sent Yahoo shares up about 2% in after-market trading. Investors shouldn’t expect miracles: Yahoo has been struggling to find its place in the Internet advertising universe against Google and Facebook and other content providers. The company has been seen as a jack of all trades, with several compelling services — but no clear mission. The company’s stock has lost about 41% of its value over the last five years and has been stagnant lately. Last year the company ousted Carol Bartz from the top job. Her successor, Scott Thompson, was forced out in May after a dissident shareholder disclosed that he had exaggerated his college credentials. Third Point CEO Daniel Loeb, who led the attacks on Yahoo’s management, was added to the board along with two colleagues after he threatened to wage a proxy fight. Here’s today’s release:

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Yahoo Investigating Password Breach

By THE DEADLINE TEAM | Thursday July 12, 2012 @ 10:59am PDT

Yahoo says it’s investigating reports of a security breach that may have affected nearly half a million users. The company says it’s looking into “claims of a compromise of Yahoo! user IDs” but did not disclose … Read More »

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Yahoo Board Likely To OK Ross Levinsohn As CEO: Reports

By THE DEADLINE TEAM | Wednesday July 11, 2012 @ 3:01pm PDT

Yahoo appears ready to make interim CEO Ross Levinsohn permanent, according to multiple reports. The board is meeting today, and it’s worth noting that Yahoo has had five CEOs in as many years. Skeptics abound regarding Yahoo’s … Read More »

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Tom Hanks’ Yahoo Series ‘Electric City’ To Bow July 17

By THE DEADLINE TEAM | Monday July 2, 2012 @ 10:27am PDT

Yahoo picked up rights to Tom Hanks’ Playtone-Reliance Entertainment animated web series Electric City in January at CES and today set a July 17 premiere date on Yahoo Screen. The voice cast features Hanks, Jeanne Tripplehorn, Holland Taylor, … Read More »

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Yahoo Teams With Spotify To Expand Music On Demand Audience

By DAVID LIEBERMAN, Executive Editor | Tuesday June 26, 2012 @ 2:50pm PDT

This could give Spotify a huge boost in its competition with Pandora and others to become the dominant streaming music provider for Web users. Although the announcement from the companies is short on details, it says that … Read More »

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Barry Sonnenfeld And Guy Ritchie On Slate For Liquid Comics-Yahoo Tie-Up

By THE DEADLINE TEAM | Wednesday June 20, 2012 @ 10:11am PDT

Barry Sonnenfeld’s Dinosaurs Vs. Aliens and Guy Ritchie’s Gamekeeper are two of the projects that will help launch Liquid Comics’ original motion-comics programs on Yahoo Screen this summer. The partnership, … Read More »

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Yahoo Names Google Exec Michael Barrett EVP And Chief Revenue Officer

By THE DEADLINE TEAM | Monday June 18, 2012 @ 8:32am PDT

Michael Barrett and interim Yahoo CEO Ross Levinsohn worked together at Fox Interactive Media, where Barrett held the same title and oversaw finances at MySpace and FoxSports.com  among other properties. Here’s the release announcing today’s move:

SUNNYVALE, Calif.–(BUSINESS WIRE)–Yahoo! Inc. (NASDAQ: YHOO) announced today that it has appointed Michael Barrett as Executive Vice President and Chief Revenue Officer. Barrett will be responsible for Yahoo’s advertising revenue and operations globally for the company, with Americas, EMEA and APAC regional leads reporting to him.

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CNBC And Yahoo Strike Major Content Deal To Share Business News

By THE DEADLINE TEAM | Tuesday June 12, 2012 @ 10:51pm PDT

The wide-ranging pact means that, effective today, CNBC becomes the premier content provider for Yahoo Finance, and the two will collaborate on original video content that will roll … Read More »

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Ben Stiller Spoofs ‘The Bachelor’ For Yahoo

By THE DEADLINE TEAM | Monday June 4, 2012 @ 4:40pm PDT

Yahoo today launched a new online-only satirical series executive produced by Ben Stiller. Written by Erica Oyama, Burning Love is a spoof of that horrendous show The Bachelor and features a bunch of well-known actors like Kristen Bell, Ken Jeong, Malin Akerman, and Michael Ian Black as well as Stiller himself (briefly) … Read More »

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