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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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.