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Yahoo! Holdings Limited

Thu, 17 May 2012 12:48:50 +0100

CEO resigns - chairman appointed - competitive pressures
The CEO of US-based Yahoo! Scott Thompson has left the company after just four months in the role. Yahoo! has appointed Fred Amoroso as chairman. Global media head, Ross Levinsohn, will be interim CEO. The company is encountering difficulties in achieving growth in a highly competitive marketplace.

Yahoo! Holdings Limited

Fri, 11 May 2012 08:47:04 +0100

Strategic restructuring - Legal investigation into company
Internet giant Yahoo is under investigation for its vetting process due to an error in chief executive Scott Thompsons corporate biography. Shareholder Daniel Loeb is considering taking legal action against the company. Yahoo has struggled to compete with Google and Facebook and is looking at a range of strategic options, including the sale of all or part of the company.

Yahoo! Europe Ltd

Fri, 11 May 2012 08:37:28 +0100

e-commerce disposal - selling stake in Alibaba
US-based Yahoo is in negotiations to sell part of its stake in e-commerce group Alibaba back to the Chinese company. Yahoo acquired a 40% stake in Alibaba in 2011 for nearly 1bn dollars and is planning to sell 15 to 20% back to the company.

eBay (UK) Limited

Mon, 30 Apr 2012 08:12:29 +0100

Subsidiary upgrades e-commerce technology - mobile shopping capabilities improved
Magento, a subsidiary of US-based eBay Inc, has uprgraded its e-commerce technology with HTML5-based features. Compatibility with HTML5 is expected to help retailers increase mobile commerce conversion rates and sales across multiple web browsers.

eBay (UK) Limited

Wed, 25 Apr 2012 08:13:21 +0100

online market launches ad campaign - expansion of fashion category - mobile shopping growth
Online marketplace eBay is launching an advertising campaign for its spring and summer fashion range. The campaign will feature leading brands such as Moda in Pelle, L.K. Bennett, Dune, House of Fraser and French Connection. The fashion range on eBay has expanded rapidly and fashion is the most popular category on the site for mobile shoppers.

Facebook UK Ltd

Mon, 23 Apr 2012 08:40:06 +0100

Acquires loyalty specialist Tagtile - mobile commerce expansion
US-based Facebook is expanding into the local mobile commerce sector with the acquisition of Tagtile. The Tagtile Cube device is placed on retail counters, allowing users of the Tagtile app to tap on the device to redeem offers they have received from participating merchants.

eBay (UK) Limited

Mon, 23 Apr 2012 01:04:15 +0100

Profits rise to 725m - Marketplace and PayPal Growth - Turnover 49.8bn
EBay has recorded better-than-expected rises in quarterly sales and profit, driven by growth in its Marketplace and PayPal businesses.

Yahoo! Holdings Limited

Tue, 17 Apr 2012 08:08:31 +0100

New CEO appointed - Internet giant invests in e-commerce
Scott Thompson has been appointed as CEO of Yahoo. Mr Thompson previously worked for Paypal. Yahoo is investing money into its media content and email divisions and is also launching an e-commerce division.

Yahoo! Europe Ltd

Wed, 11 Apr 2012 09:21:43 +0100

2000 worldwide job losses - Declining revenues
Yahoo! is cutting 2,000 jobs worldwide from a workforce of 14,100. The company hopes to save £236.2m annually. It is the sixth mass layoff in the past four years. The layoffs follow Yahoos declining revenue due to competition from web rivals Google and Facebook.

YouGov Plc

Tue, 10 Apr 2012 08:57:39 +0100

Revenues up 11% to 29.9m - launching social media analysis tool
YouGov has recorded an 11% increase in half-year revenue to 29.9m. Profits fell 10% to 2m in the six months to January 2012 following investments in new products. YouGov is launching SoMA, a social media analysis tool which will track the incoming tweets of consenting Twitter users, to see if the tweets affect opinions.