Tuesday, July 31, 2012

Yahoo and its CEO. both are down :(


Yahoo Mail suffers disruption, outage

Yahoo's e-mail service appears to be down for some people, with many taking to Twitter to voice their complaints. The company says service has returned.
Yahoo's e-mail service was tripped up by a disruption today that temporarily kept some users from accessing their messages.
A flood of users took to Twitter to complain about the outage today. It's unclear how widespread the problem is, but monitoring site Downrightnow.comreported a service disruption. The outage follows similar hiccups from Facebook, which was briefly down for some people last week.
Yahoo confirmed the disruption but said service had been restored.
"We worked quickly to resolve the issue and are pleased that Yahoo Mail is restored to full functionality," a company spokesman told CNET. "We apologize to affected users."
Yahoo didn't provide any additional details on the cause of the outage.
The problem wasn't universal. Other users reported no problems accessing their accounts even during the disruption.
Updated at 8:15 a.m. PT: with a response from Yahoo.

LINK
Yahoo CEO to quit
Yahoo!’s former interim CEO Ross Levinsohn, who was overlooked for the top position, is leaving the company
New York: Struggling internet firm Yahoo!’s former interim CEO Ross Levinsohn, who was overlooked for the top position, is leaving the company Tuesday.
In a regulatory filing with the Securities Exchange Commission (SEC) of the US yesterday, the company said that Levinsohn will leave the company effective 31 July 2012.
Ross Levinsohn. Photo: Reuters
Ross Levinsohn. Photo: Reuters
The announcement comes after Levinsohn was overlooked for the position of CEO and Marissa Mayer was appointed at the top position.
Levinsohn took over as interim CEO in May this year after Scott Thompson quit over charges of manipulating his resume.
Prior to his appointment as an interim CEO, Levinsohn was Yahoo!’s Executive Vice President of Americas and then Head of Global Media and Executive Vice President at the company.
As part of his compensation, the company is giving Levinsohn 67,000 shares of restricted stock. The deal also includes 250,000 stock options with an exercise price $15.80 apiece and a cash severance benefit equal to Levinsohn’s base salary for 12 months, his target annual bonus for 12 months, and a prorated portion of his target annual bonus for 2013.
Levinsohn has served as president for Fox Sports Interactive Media and was co-founder of digital media investment firm Fuse Capital, before joining Yahoo!. PTI


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