New Yahoo CEO sweeps out 2,000 employees in purge
Yahoo’s turnaround attempt is going to be messy. In his first three months on the job, CEO Scott Thompson has imposed the largest layoffs in the company’s 17-year history, reshaped the board of directors, picked a potentially disruptive fight with a major shareholder and sued Facebook for patent infringement. He says there’s even more upheaval […]
Google Sales, Profit Miss Estimates as Ad Prices Decline
Google Inc., owner of the arena’s most well liked web search engine, stated fourth-quarter revenue and profit that overlooked analysts’ estimates, as weaker eu call for and a shift to mobile advertising crimped enlargement. sales except income handed on to partner websites rose to $eight.thirteen billion, Google stated on its web page. That compared with […]