Tag Archives: CEO

Jim Lanzone, president and CEO of CBS Interactive, attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, U.S., July 10, 2019. REUTERS/Brendan McDermid Sept 10 (Reuters) – Dating app Tinder’s chief executive officer, Jim Lanzone, is leaving the company to take over the top job at Yahoo, the online media company said on Friday. Separately, Match Group, the parent of Tinder, named Renate Nyborg as CEO of the dating app to replace Lanzone. Reporting by Eva Mathews in… Source link

Apollo Global Management Inc. is naming Tinder Chief Executive Jim Lanzone the new CEO of Yahoo, the digital-media business it acquired from Verizon Communications Inc. earlier this year, according to people familiar with the matter. Mr. Lanzone will succeed Guru Gowrappan, the former Verizon executive who has overseen Yahoo since 2018 and continued running the company after Apollo agreed to purchase it for about $5 billion. Mr. Gowrappan will become a senior adviser… Source link

By Jordan Valinsky, CNN Business Yahoo has hired away Tinder’s top executive to become its new chief executive officer. Apollo Management Group, which recently bought the ailing search engine for $5 billion, announced Friday that Jim Lanzone will be Yahoo’s new CEO as of September 27. He’s succeeding Guru Gowrappan, who has led Yahoo since 2018 and will now shift to a senior adviser role. The move comes just four months after Verizon announced it would sell Yahoo to… Source link

Cryptocurrency bulls are lauding the decision by El Salvador to become the first country to accept bitcoin as legal tender. And one bitcoin fund manager believes other countries in emerging markets around the world could possibly follow suit. Michael Sonnenshein, CEO of Grayscale Investments, the world’s largest cryptocurrency fund manager by assets ($32 billion as of Sept. 3), spoke with Yahoo Finance Live and speculated where such countries could be located. “When we think about where… Source link

A tip to members of Congress: if you’re going to send an angrily-worded letter to a technology CEO, make sure they’re still working at the company. A group of 11 House Republicans has sent letters to the leaders of 13 tech companies threatening legal action if they comply with a request for records related to the January 6th Capitol attack. However, there’s one major problem. The letter to Yahoo (Engadget’s parent company) is addressed to Marissa Mayer, who hasn’t been CEO of the company Source link

A tip to members of Congress: if you’re going to send an angrily-worded letter to a technology CEO, make sure they’re still working at the company. A group of 11 House Republicans has sent letters to the leaders of 13 tech companies threatening legal action if they comply with a request for records related to the January 6th Capitol attack. However, there’s one major problem. The letter to Yahoo (Engadget’s parent company) is addressed to Marissa Mayer, who hasn’t been CEO of the company Source link

House Republicans warned Yahoo CEO Marissa Mayer not to comply with January riot-related-records requests. But Mayer hasn’t been CEO of the telecom giant since 2017. Verizon Media — which includes Yahoo — was sold to a private-equity firm this year. Its CEO is Guru Gowrappan. … Source link

(Bloomberg) — When Broadcom Inc. reported slower sales growth than some of its peers on Thursday, Chief Executive Officer Hock Tan gave a surprising reason: It was on purpose. Even with demand for its chips surging, the company is tightly controlling which orders it fills, he said on a conference call Thursday following Broadcom’s third-quarter report. The idea is to sacrifice some current sales to avoid creating a glut in the future. “We can show bigger numbers, but that means we will… Source link

Former long-time Cisco CEO John Chambers has done business in China for decades, dealing with corporate leaders and government officials. The various dealings were always tough, acknowledges Chambers, but importantly there was a certain predictability to them and a focus on win-win outcomes.  But that predictability has evaporated as the Chinese government cracks down on the business operations of Didi (DIDI) and other big tech players in the country, says Chambers.  As a result of this new… Source link

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