InfoAnda - New Yahoo CEO says company needs to do better |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

IMF board to meet on $7.6 bln Pakistan credit | 15 November 2008
N.Korea readies for massive military parade | 26 September 2010
Suicide bombers target Afghan cities, kill 4: officials | 21 July 2009

Laura Bush, Rice, defend Bush era | 29 December 2008

Forum Views () Forum Replies ()

Read more with google mobile : New Yahoo CEO says company needs to do better |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Davos 2012 Technology Media Small Business Legal Deals Earnings Summits Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Mohamed El-Erian Lawrence Summers Susan Glasser The Great Debate Steven Brill Geraldine Fabrikant Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Subculture of Americans prepares for civilization's collapse 21 Jan 2012 Gingrich wants to hear his debate fans roar 24 Jan 2012 UPDATE 2-Megaupload founder refused bail in New Zealand 24 Jan 2012 U.S. Marine spared from jail time in Iraq killings 24 Jan 2012 Obama doubles down on taxing the rich | 1:29am EST Discussed 326 Subculture of Americans prepares for civilization’s collapse 205 Abortion safer than giving birth: study 160 Romney reports tax bill of $6.2 million for 2010-11 Watched Angelina Jolie fascinated by "bizarre" Republican presidential race Sun, Jan 22 2012 Obama: U.S. has "huge stake" in outcome of Arab Spring Tue, Jan 24 2012 "Smart E-book" turns the page on reading technology Sun, Jan 22 2012 New Yahoo CEO says company needs to "do better" Tweet Share this Email Print Related News DuPont sales miss on weak solar, electronic demand Tue, Jan 24 2012 Verizon forecast disappoints, shares down Tue, Jan 24 2012 Exclusive: YouTube hits 4 billion daily video views Mon, Jan 23 2012 GE revenue lower than expected Fri, Jan 20 2012 Rare Google misstep hints at tech landscape shift Fri, Jan 20 2012 Analysis & Opinion How much do Apple employees earn? Pay into pension, get boost to earnings Related Topics Tech » Media » The Yahoo! Connected TV booth is shown during the 2011 International Consumer Electronics Show (CES) in Las Vegas, Nevada January 7, 2011. Credit: Reuters/Steve Marcus By Alexei Oreskovic Tue Jan 24, 2012 8:41pm EST (Reuters) - Yahoo Inc Chief Executive Scott Thompson said reviving the company's flagging display advertising business was his "highest priority," even as he crafts a broader plan to bring the struggling Internet company back to fighting form. "There's no question that we need to do better," said Thompson on his first quarterly earnings since taking the reins earlier this month, as Yahoo reported another decline in sales and profit on Tuesday. Analysts prodded Thompson for clues about his plans for Yahoo Inc, which fired former CEO Carol Bartz in September and last week saw co-founder Jerry Yang resign unexpectedly, but all they received were boilerplate comments about how the company needs to "do better" and "get innovative products that matter into the market." The lack of details didn't damage Wall Street's assessment of Thompson's debut, with many analysts appearing willing to give the former PayPal President some breathing room to settle in and figure out a strategy. "He seemed to be speaking with a greater sense of urgency to act than his predecessors have," said Stifel Nicolaus analyst Jordan Rohan. Thompson, along with Chief Financial Officer Tim Morse, gave few hints about the progress of Yahoo's strategic review as well, dashing hopes that his arrival might hasten a transaction. Morse said talks with Yahoo's Asian partners -- Alibaba and Softbank -- about a restructuring were continuing but beyond that provided little concrete detail on where things stand. Thompson, who was only hired as CEO two weeks ago, added that the company's board has narrowed down its options to the ones that appear "most promising." Shares of the company slipped 9 cents to $15.60 in after-hours trade. TO INVEST IN CORE BUSINESSES A Boston native with a thick accent, Thompson said he would infuse the roughly 14,000-employee organization with speed. "When it comes to making decisions, I make them quickly and then push to move fast, fast, fast," he said. "We will get speed back into the equation and move aggressively. To me that's how we get to playing offense rather than defense." He stressed that Yahoo would invest the majority of its resources into its core businesses, while remaining open to potential acquisitions and looking for "revenue streams that look different from what we're doing today." He also addressed the age-old identity question that has frustrated many of the company's previous CEOs, noting that Yahoo is "fundamentally" both a media company and a technology company. "We better be darn good at both," he said. One of the most pressing concerns is Yahoo's display advertising business, which is facing increasing competition from Google and Facebook, and which declined in the fourth quarter. "Their core display (business) is becoming an issue. It takes the company from being a growth company to being a melting ice cube. So it's a big deal," said Brett Harris, an analyst at Gabelli & Company. Yahoo's Morse said that macroeconomic factors, particularly in Europe, resulted in weaker than expected display advertising revenue in the fourth quarter and continued to be a concern. "We still look out, especially upon Europe, with some caution," Morse told Reuters in an interview on Tuesday. But he said Yahoo was seeing some positive trends in the new year, noting that some large advertisers that had limited their ad spending with Yahoo in 2011, had already committed to "meaningful upfronts" in 2012. The struggling Internet company projected that its net revenue in the first quarter would range between $1.025 billion and $1.105 billion. The company earned $296 million in net income in the three months ended December 31, or 24 cents a share, compared with $312 million, or 24 cents a share, in the year-ago period. Analysts polled by Thomson Reuters I/B/E/S were expecting 24 cents per share in profit. In the fourth quarter, Yahoo reported net revenue, which excludes fees that Yahoo shares with Web partners, of roughly $1.17 billion, compared with $1.205 billion the same time last year. Display ad revenue, Yahoo's main source of revenue, totaled $612 million for the quarter. Search ad revenue for the quarter came in at $465 million, $48 million of which stemmed from its partnership with Microsoft. Thompson said he had spent his first few weeks at Yahoo meeting with the company's employees, managers and customers. While Thompson said he wouldn't lay out a detailed strategy until he has fully assessed Yahoo's direction, he pointed to data as a key building block for the company's future. Yahoo will leverage its deep stockpile of data about the company's roughly 700 million users to provide better products for Websurfers and better services for advertisers, Thompson said. "If you believe data and great technology and great technologists can begin to predict what is in a user's mind and what they want to do next, having that base of data to start from is a big, big advantage," said Thompson. (Reporting By Alexei Oreskovic; Editing by Bernard Orr) Tech Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Advertise With Us Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Wednesday, 25 January 2012
U.N. envoys slam Russia for selling weapons to Syria |
Anger, chaos but no revolt after Libya violence |
Netanyahu cites Holocaust lesson in dealing with Iran |
Turkey warns Iraqi PM over sectarian conflict |
Analysis: New EU data laws command the tide but not the cost |
Entrepreneurs bring Internet coding skills to everyday users |
Time Warner leads funding for second social TV company |
ST-Ericsson CEO sees very difficult 2012 |
Oscar's big snub: Uggie the dog, a true Artist |
Downtown and all around New York with Petula Clark |
Jagger says UK's Cameron can't get what he wants |
Sony, Paramount and Weinstein Co. get Oscar boost |
U.S. raid frees two pirate hostages in Somalia |
Islamist militants quit captured Yemeni town |
One year on, Egypt will demonstrate and celebrate |
Blast destroys police station in north Nigeria |
Anger, chaos but no revolt after Libya violence |
Analysis: Myanmar shows little sign of economic miracle |
Apple returns to form, blows Street targets away |
Ericsson Q4 profit halves, sees challenges |
Facebook to stop honoring trades in shares for 3 days: source |
SAP sets sights on fresh profit record |
Google to unify privacy policy across products |
New Yahoo CEO says company needs to do better |
Chipmaker AMD expects lower revenue in weak PC market |
Megaupload founder faces lengthy extradition battle |
Nvidia cuts revenue forecast, shares drop |
Hollywood embraces hopeful tales with Oscar nominations |
Demi Moore seeks help for exhaustion, health issues |
Garth Brooks awarded $1 million in suit against hospital |
Country music great Haggard recovering from pneumonia |
Style author Charla Krupp dies of cancer at age 58 |
Garth Brooks awarded $1 million in suit against hospital |
France's Jean Dujardin plays down Hollywood success |
Documentary makers spur calls to action at Sundance |
Gulf monitors leave Syria, League seeks U.N. support |
Iran's Ahmadinejad ups rates to stem money crisis |
Even without Hormuz blockade, Iran has options |
Transcripts show Italy captain says was told to approach shore |
A year after uprising, Egyptians celebrate and protest |
Torture and lawlessness as Libya victory high ends |
Workers unearth suspected mass grave in southeast Turkey |
Afghan army's night raiders ready to take control |
Pakistan PM drops criticism of the military |
Come for coffee, don't forget the cocaine, Dotcom joked |
Breach of new EU online data rules to carry high fines |
Core suppliers savor bigger Apple pie |
A Minute With: Mary Tyler Moore on a life of achievement |
Abu Dhabi further delays Louvre, Guggenheim projects |
Irishman makes billion-euro home of shredded notes |
Saudi artists test limits of expression in rare show |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01