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Google, Intel offer ways to tackle ‘Infomania’
London, June 29 : Distracted by email and instant messages? Worry not, for companies like Google and Intel, which devised the technology in the first place, have come to your rescue.
These high-tech giants have found that constant bombardment with electronic communications can result in overload, and are seeking ways to protect workers, starting with their own staff.
Google, which devised Gmail instant...
Angry Worker Blasts Yahoo in Email
3A sarcastic Yahoo employee slammed the company in an email sent to Fortune today, taking aim at futile executives and lousy decision-making. In the wake of Yahoo’s latest shakeup, “things could not be better,” the email says: True, past “reorgs” were sparked by pointless executive shifts, but eight execs really did quit this week to be “with their families,”...
Google targets ads to searches
Google, with its deep reservoir of data about online behavior gathered by tracking hundreds of millions of computers, is for the first time testing ways to use some of that data to aim ads at Web surfers.
Ads that a person sees on one Google search may be influenced by a previous search a few minutes earlier. Searching for “scuba,” then something else, and then “vacations” could...
Yahoo Was Right to Turn Down Microsoft Offer
It hasn’t been a banner year for Yahoo. It started off with an unsolicited acquisition bid for billions of dollars by the Internet’s biggest villain, Microsoft, then was followed by some of the company’s smartest talent abandoning ship en masse.
Despite what the market may suggest, Yahoo was wise to reject the Microsoft offer. Microsoft’s interest in Yahoo was, for the most...
Yahoo shakes up management amid shareholder unrest
SAN FRANCISCO (Map, News) – Yahoo Inc. is setting up a new chain of command amid the turmoil triggered by the embattled Internet icon’s snub of Microsoft Corp.’s $47.5 billion takeover bid.
Under the new pecking order announced Thursday, Yahoo executive vice presidents Hilary Schneider and Ash Patel are being given expanded responsibilities over the Sunnyvale-based company’s...
Is Yahoo boldly regrouping, or simply sinking?
New initiatives are put in place, even as more execs leave amid makeover
SAN FRANCISCO – At first blush, the initiatives Yahoo Inc. unveiled this past week, including new email product offerings and mobile deals in Asia, paint the company as a Web giant boldly regrouping for future battles.
But with insurgent shareholders waging a bruising proxy war and prominent executives heading for the exits,...
Yahoo Faces Fresh Brain Drain
Just after putting an end to its damaging face-off with Microsoft, at least for the time being, Yahoo has been hit with a fresh crisis. Several senior executives have donned their walking shoes in recent days, amid rumors of a forced slow-down in hiring to boost company performance.
Jeff Weiner, EVP Network Division, has left the company to become executive-in-residence with venture capital firms Accel...
Yahoo investor urges board compromise with Icahn
SAN FRANCISCO – Dissident Yahoo Inc investor Eric Jackson urged fellow shareholders on Monday to vote for a board comprising five existing directors and four nominees from billionaire investor Carl Icahn’s slate.
Jackson, who leads a group of 146 investors holding 3.2 million Yahoo shares, said that, while he supported Icahn fully, he recognized that major shareholders may not. So he proposed...
Yahoo exec leaves to work at venture firms
SAN FRANCISCO – Jeff Weiner, a top Yahoo (YHOO.O: Quote, Profile, Research, Stock Buzz) executive, has left the company to join Accel Partners and Greylock Partners, the venture firms said on Monday.
Weiner will hold the title of “executive in residence” at both firms. The appointment takes effect in early September.
Weiner is the latest in a series of veteran employees to leave Yahoo...
Yahoo may face early shareholder trial
Internet pioneer Yahoo may have to face a lawsuit by insurgent shareholders before a key Aug 1 vote in which the company’s board faces re-election, according to court papers released Tuesday.
The activist investors led by Carl Icahn filed a lawsuit against Yahoo, charging that it introduced an illegal employee severance plan that could have tacked an estimated $2.4 billion in costs to Microsoft’s...