Want to use Flickr, Fantasy Sports or any other Yahoo service? It’s time to drag out your Yahoo credentials, because Google and Facebook logins will soon stop working. Yahoo plans to gradually remove the Google and Facebook sign-in options from all Yahoo properties, as Reuters first reported. The first service to require a Yahoo login is Yahoo Sports Tourney Pick’Em, a bracket challenge focused on the upcoming NCAA college basketball tournament. “This new process, which now asks users to sign in with a Yahoo username, will allow us to offer the best personalized experience to everyone,” a Yahoo spokesperson said
Marissa Mayer, one of the top executives at Google, will be the next CEO of Yahoo, making her one of the most prominent women in Silicon Valley and corporate America. The appointment of Ms. Mayer, who was employee No. 20 at Google and was one of the few public faces of the company, is considered a surprising coup for Yahoo, which has struggled in recent years to attract top flight talent in its battle with competitors like Google and Facebook. Ms. Mayer, 37, had for years been responsible for the look and feel of Google’s most popular products
Yahoo is laying off 2,000 employees as new CEO Scott Thompson sweeps out jobs that don’t fit into his plans for turning around the beleaguered Internet company. The cuts announced Wednesday represent about 14 percent of the 14,100 workers employed by Yahoo. The company estimated it will save about $375 million annually after the layoffs are completed later this year. Yahoo will absorb a pre-tax charge of $125 million to $145 million to account for severance payments. The charge will reduce Yahoo’s earnings in the current quarter. Workers losing their jobs will be notified Wednesday.
Yahoo has fired CEO Carol Bartz, shocking onlookers who had forgotten the company still existed. The news comes on the same day in which TechCrunch founder Michael Arrington may be on the way out the door of his own publication, as parent company AOL considers forcing him out, according to TechCrunch blogger Paris Lemon. Bartz and Arrington once infamously faced off in an interview which dissolved into an exchange of profanities. Neither move should come as a surprise. [Arrington has now been widely reported to be fired by AOL.]
A major revamp of Yahoo Mail was on the way, is now rolling out the new look. The company boasts that its e-mail service has been “rebuilt from the ground up” and is now two times faster than the previous version.