THREE’S COMPANY: Yahoo CEO Scott Thompson unveiled a new corporate structure that divides the company into three groups focusing on users, advertisers and technology Tuesday.
ANALYST TAKE: The revamp makes each group more distinct and resolves a messy reporting structure, according to analyst Sameet Sinha with B. Riley Co.
REACTION MUTED: The revamp comes a week after Thompson announced 2,000 layoffs. Reaction on the stock market was muted with shares closing down 11 cents at $14.99.
Related posts:
Solemn funeral procession for leader Fathi Amro in Al-Khalil
How Streaming Video Is Killing the DVD [INFOGRAPHIC]
Breaking – Candidate for Pinal County Sheriff, JT Ready Killed in Murder Rampage
'Granny and Grandpa are invincible together': But Princess Eugenie admits the Queen would have found...
Harris Associates lifts stake in Olympus above five percent
Biden Hints at More Guns Laws in Wake of Trayvon Martin Case