One-time net elephantine Yahoo, which has undergone caller ownership changes and strategical pivots, announced Friday that Tinder CEO Jim Lanzone volition beryllium its caller main arsenic the institution looks for caller opportunities.
When Lanzone takes implicit arsenic chief enforcement officer connected September 27, helium volition inherit a company that erstwhile contended to beryllium the main planetary net portal.
However, Yahoo has been gradually supplanted by titans similar Google and was bought this twelvemonth by backstage equity steadfast Apollo Global Management successful a woody for Verizon's media properties.
"With our unsocial assets, resources, and lineage, we are 1 of the fewer companies positioned to pat into the galore caller opportunities appearing successful the categories wherever we're strongest," Lanzone said successful a statement.
Yahoo remains fashionable with internet users, peculiarly for its fiscal and sports news, and claims 900 cardinal monthly users.
Lanzone, 50, takes implicit from Guru Gowrappan, who has been astatine the helm of Yahoo since 2018.
For its portion Match Group, the genitor institution of Tinder, has chosen Renate Nyborg to win Lanzone. She volition beryllium Tinder's archetypal pistillate CEO.
© 2021 AFP
Citation: Faded net pioneer Yahoo gets caller brag (2021, September 11) retrieved 11 September 2021 from https://techxplore.com/news/2021-09-internet-yahoo-boss.html
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