Gawker
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mysteries
Did AOL buy Bebo to tempt Yahoo into a merger?
No one can make sense of AOL's $850 million Bebo buy, not even Time Warner CEO Jeff Bewkes, who is dropping hints that his company overpaid for the social network. AOL CEO Randy Falco and COO Ron Grant, shown here in a deliciously awkward moment with Bebo president Joanna Shields, negotiated the deal in secret, to the disbelief of their underlings. But there's one strategic way in which the Bebo buy makes sense. More »
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By Owen ThomasComment by Niemal: Since mergers and acquisitions have seemingly devolved into a revenue tug-of-war over the same stupid ads, at least there's hope... more » | Other threads
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great moments in hr
Yahoo's London managers have 30 days to report to Switzerland, or else
Yahoo will move its European headquarters from London to Rolle, Switzerland. HR emailed 70 top managers, many of them pictured here, to tell them they have 30 days to relocate or lose their job, according to the Financial Times. The move is supposed to ease Yahoo's tax bill. PaidContent's Rafat Ali thinks the hassle of the move is meant to drive Yahoo European head Toby Coppel out of the company. (Photo by sh1mmer)
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Comment by Yahood!: It's not the tax bill Yahoo! should be worried about, it's the travel bill. Still, when there's Air Miles &... more » | Other threads
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toby coppel
Yahoo not cutting it across the Atlantic either
Say this for Yahoo. Some companies merely fail to meet expectations domestically. Yahoo nailed an international trifecta, sending journalists to jail in Asia, reorganizing 17 times in the U.S. over the past year, and now threatening to close or sell its European divisions. The Financial Times reports that Yahoo has given its European staff until March to turn business around or else face the cutting block. Apparently, 3.2 percent of the European search market doesn't go as far as it used to. More »
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Comment by macbeach: Hey! Don't pick on Yahoo! Check out my nifty 360 page, soon as I , uh, remember where I... more » | Other threads
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yahoo
Toby Coppel builds a Canadian empire
Yahoo has decided to lump the hosers in with the Eurotrash, adding Canada to the Yahoo Europe team now headed by exec Toby Coppel. Why? Ostensibly because "Canada's multicultural diversity parallels Europe; and Canadian sites operate in English and French," Coppel claims in an inadvertently hilarious memo sent to all European and Canadian employees. The real reason, we suspect: Feeling his position threatened after career patron Terry Semel stepped down as Yahoo's CEO, and having been unceremoniously booted off Yahoo's "Management Team" page, Coppel is now begging for scraps of authority. Full memo after the jump. More »
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Comment by scottp3318: Is it really possible that 50% of everone in Canada is a Yahoo user? That's a pretty awesome adoption number!... more » | Other threads
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By Nick DouglasComment by mobrik: Yup, but we know that there is less pressure in middle school (just kidding, dont't shoot!) more » | Other threads
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toby coppel
Toby Coppel's hot wife
Jeff Weiner isn't the only hottie spicing up Yahoo. Toby Coppel, the surrogate brain of CEO Terry Semel, shows up on Yahoo 360 with his lovely wife. From what a tipster tells me, he really had to lock that down: More »
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By ndouglasComment by Nick Denton: Hey, Nick, and commenters, watch out with this stuff. Fine to rib someone in the public eye. But a little... more » | Other threads
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