Yahoo shakeup in the works?
A reliable source is telling The Browser that Yahoo is about to announce a major reorganization. That would be consistent with what news.com posted this afternoon, though still a step short of what Red Herring is peddling. We're hearing that COO Dan Rosensweig is out, along with controversial content boss Lloyd Braun. That seems to be what paidContent is hearing, too. The Browser tried repeatedly to reach Yahoo spokespeople for comment on Tuesday afternoon, but they were apparently all on the same corporate call. A Yahoo exec suggested earlier today that no major changes in the executive suite are planned.

If a shakeup occurs, no doubt company critics will be thrilled. They've been braying for change as Yahoo stock price has fallen and rival Google's has soared. Now these critics have what they've been calling for - helped in large part by last month's headline-grabbing "Peanut Butter Manifesto," in which a senior veep urged a companywide overhaul.

Even as critics break out the party hats over today's rumored shuffling, they shouldn't forget that Yahoo remains by far the Web's top destination, with over 500 million unique visitors per month. My guess - change will do Yahoo good and it will remain a major Internet player for the duration.
Posted by David Kirkpatrick 4:50 PM 0 Comments comment | Add a Comment

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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.