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January 4, 2012 09:22 pm GMT
Is Yahoo a technology company or a media company? Newly appointed CEO Scott Thompson tried to answer that age-old question in his first conference call with Wall Street analysts this morning. It's both "excellent technology and content, not one or the other," he says. "Yahoo's core business," he continues, is to provide experiences that "engages our users. Everything flows from that."Thompson points out that Yahoo still has a strong brand trusted and visited by more than 700 million people around the world. Sometimes they come for news and other content. Sometimes they come for communications and other web-based software. To Thompson, who was PayPal's CTO before he became its president, it's all data and Yahoo generates a ton of it."I feel that this data will be exploitable," he says. He adds that he has "a lot to learn, but my instinct says that down in that data we will find ways to compete and innovate that the world hasn't seen yet."
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/8AuttGciQdY/
Scott Thompson: Yahoos Competitive Advantage Is Its Data
Is Yahoo a technology company or a media company? Newly appointed CEO Scott Thompson tried to answer that age-old question in his first conference call with Wall Street analysts this morning. It's both "excellent technology and content, not one or the other," he says. "Yahoo's core business," he continues, is to provide experiences that "engages our users. Everything flows from that."Thompson points out that Yahoo still has a strong brand trusted and visited by more than 700 million people around the world. Sometimes they come for news and other content. Sometimes they come for communications and other web-based software. To Thompson, who was PayPal's CTO before he became its president, it's all data and Yahoo generates a ton of it."I feel that this data will be exploitable," he says. He adds that he has "a lot to learn, but my instinct says that down in that data we will find ways to compete and innovate that the world hasn't seen yet."Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/8AuttGciQdY/
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