Marissa Mayer’s appointment caps a tumultuous year at Yahoo. In May, Scott Thompson resigned as CEO after less than 6 months on the job as a controversy flared up over his academic credentials.
Thompson replaced the controversial and occasionally foul-mouthed Carol Bartz, fired in September after failing to revitalize Yahoo.
“She’s going to bring in a different perspective. It’s pretty clear Yahoo needs a new direction and really a new vision,” said Paul Buchheit, a Google engineer who helped create Gmail and now a partner at startup-incubator Y-Combinator.
Sheryl has been my partner in running Facebook and has been central to our growth and success over the years. Her understanding of our mission and long-term opportunity, and her experience both at Facebook and on public company boards makes her a natural fit for our board.
Twitter’s newest digs in San Francisco include a common area, a yoga room and a game lounge named after the Twitter bird Larry.
Social media editors will be an indispensable resource to Twitter for some time, and it’s possible that direct curation will never be fully productized. But the clarification that the hashtag product is designed for events not brands along with the hiring of Mark Luckie (@marksluckie) as Twitter’s Creative Content Manager for Journalism suggest otherwise.
Four out of five Facebook Inc users have never bought a product or service as a result of advertising or comments on the social network site, a Reuters/Ipsos poll shows, the latest sign that much more needs to be done to turn its 900 million customer base into advertising dollars.
The online poll also found that 34 percent of Facebook users surveyed were spending less time on the website than six months ago, whereas only 20 percent were spending more.
The findings underscore investors’ worries about Facebook’s money-making abilities that have pushed the stock down 29 percent since its initial public offering last month, reducing its market value by $30 billion to roughly $74 billion.
Watching a big bank try to be all cool and down with the social kids can be rather like watching your father try to rap. The Twitter feed is embarrassing enough, but the sponsored posts are much worse.
I was probably being an idiot then.