When I caught up with him earlier today, Yahoo’s new CFO, Tim Morse, said he’s certainly open to reshuffling the company’s portfolio of businesses in ways that help it make more money.
He was responding to a question about talks with Microsoft about a search partnership – though, of course, he wouldn’t comment directly on the negotiations themselves.
On the surface, it certainly looks like Yahoo could do with some help with search. Its search revenues, just released, took a tumble this quarter, even as the volume of queries from users held up. Google, which reported numbers last week, did much better. Read more
Microsoft, Yahoo and RealNetworks were hit this week with a copyright infringement suit filed on behalf of the composers of 950 songs offered by the companies through on-demand streaming or downloads that last only for the duration of a subscription.
While the amount of damages available under the law if the composers win is very large—as much as $150,000 per violation deemed to be “willful”—a more likely outcome is a settlement for less than the penny-per-play right recently established for streaming royalties.
The details of the case show why lawyers are among the precious few groups of people earning money in the music business these days. Read more
Joseph Menn, San Francisco-based technology correspondent, reports from AllThingsD, the annual tech conference put on by News Corp in Carlsbad, California:
Yahoo’s Carol Bartz, who took over as CEO in January, impressed a tough crowd, getting more sustained applause after her onstage interview than the two young men who run yesterday’s New New Thing, Twitter.
Bartz came across as sensible and plain spoken, the logical sort of manager to straighten out an inherited organisation chart that appeared made of spaghetti. Read more
Internal routing glitches slowed down or even stopped Google’s searches and other applications for 14 per cent of the internet behemoth’s user base for about an hour Thursday.
“An error in one of our systems caused us to direct some of our web traffic through Asia, which created a traffic jam,” a company executive blogged several hours after the problems began at 7:48 a.m. Pacific time. Read more
Despite being invited, there was no one from the cable industry represented on the TV of Tomorrow Show’s Over The Top panel this week – probably because they were outside guarding their lunch, which the panelists seemed bent on eating.
Over The Top refers to a new range of internet-based entertainment and information services being fed into televisions that vault over the top of services being provided by the established cable and satellite players in the US. Read more
Carol Bartz, Yahoo’s new chief executive, says she has instituted a “wall of shame” for products that are not making the grade.
Ms Bartz was displaying her usual frankness, in an interview at the Morgan Stanley Technology Conference in San Francisco. She said she was looking at whether to fix or sell those parts of Yahoo with which the company was not happy and had been placed on her wall. Read more
Carol Bartz’s first blog post announcing a new management structure for Yahoo was missing any actual details of the changes, but the company has now been briefing on what the new CEO has in mind.
Yahoo is combining its Tech and Product groups into a single organisation called, rather unimaginatively, Products. Ari Balogh, the chief technology officer who joined from Verisign only a year ago, is the coming man who has been put in charge. Read more
Carol Bartz has just finished her first conference call as Yahoo’s new chief executive. The 60-year-old former Autodesk CEO made a debut that was Sarah Palin-like in its feistiness with comments to analysts such as wanting Yahoo to “kick butt” and a strident appeal for everyone to “give this company some friggin’ breathing room.”
It sounds like Yahoo employees should belt up for an interesting ride with the no-nonsense software veteran. Read more