Yahoo! axes! websites! you've! never! heard! of! and! lays! off! staff!

Purple Palace lightens its load by dropping seven publications


Yahoo! has eliminated seven of its digital publications as the sputtering web giant continues to cut costs.

The Purple Palace confirmed on Wednesday that it was eliminating the Yahoo! Food, Health, Parenting, Makers, Travel, Auto, and Real Estate cyber-magazines. With the cuts comes the loss of a number of jobs including, reportedly, the editor-in-chief of Yahoo! Tech.

These layoffs are part of the redundancies announced earlier this month.

"In early February Yahoo shared a plan for the future, and with this new plan came some very difficult decisions and changes to our business," Yahoo! said in a statement to El Reg.

"As a result of these changes, some jobs have been eliminated and those employees will be notified today."

The layoffs are part of an ongoing effort by Jerry and David's Guide to the Web to shed staff and close unprofitable units in hopes of saving $400m in operating expenses.

According to Politico, among those leaving the company will be Dan Tynan, head of the Yahoo! Tech publication. Tynan joined the company in 2013. His Twitter bio today indicates he is now looking for a new job.

The cuts come as Yahoo! finds itself in an increasingly desperate struggle to stay afloat and remake itself under CEO Marissa Mayer. With poor financial results continuing to roll in and investors grumbling for major changes, Yahoo! has been linked to sale rumors, with Verizon reportedly mulling a deal to purchase Yahoo! and merge the company with fellow Web 1.0 icon AOL as a combined digital content branch for Verizon's network. ®


Other stories you might like

  • Coinbase CEO cuts 1,100 jobs, warns of 'crypto winter'
    The buck stops with me, says Armstrong, but I still have a job

    Coinbase has axed 1,100 employees, cutting its workforce by 18 per cent, while the value of digital assets including Bitcoin plummet amid rising inflation rates in the US.

    CEO Brian Armstrong announced on Tuesday he was "making the difficult decision to reduce the size of [the] team ... to stay healthy during this economic downturn." As the largest US cryptocurrency exchange, Coinbase employed about 1,250 employees at the start of 2021, when novel blockchain-based technologies such as NFTs and stablecoins exploded, launching the current Web3 hype to new heights.

    But the glowing promise of getting rich from trading cryptocurrencies or cartoon apes is losing its shine, spelling bad news for Coinbase. Armstrong warned of a "crypto winter" as America looks set to enter a recession.

    Continue reading
  • Verizon: Ransomware sees biggest jump in five years
    We're only here for DBIRs

    The cybersecurity landscape continues to expand and evolve rapidly, fueled in large part by the cat-and-mouse game between miscreants trying to get into corporate IT environments and those hired by enterprises and security vendors to keep them out.

    Despite all that, Verizon's annual security breach report is again showing that there are constants in the field, including that ransomware continues to be a fast-growing threat and that the "human element" still plays a central role in most security breaches, whether it's through social engineering, bad decisions, or similar.

    According to the US carrier's 2022 Data Breach Investigations Report (DBIR) released this week [PDF], ransomware accounted for 25 percent of the observed security incidents that occurred between November 1, 2020, and October 31, 2021, and was present in 70 percent of all malware infections. Ransomware outbreaks increased 13 percent year-over-year, a larger increase than the previous five years combined.

    Continue reading
  • Yahoo Japan strives for universal passwordless authentication
    30! million! users! already! moved! to! TXT! and/or! FIDO! Attacks! and! support! requests! both! down!

    Yahoo Japan has revealed that it plans to go passwordless, and that 30 million of its 50 million monthly active users have already stopped using passwords in favor of a combination of FIDO and TXT messages.

    A case study penned by staff from Yahoo Japan and Google's developer team, explains that the company started work on passwordless initiatives in 2015 but now plans to go all-in because half of its users employ the same password on six or more sites.

    The web giant also sees phishing as a significant threat, and has found that a third of customer inquiries relate to lost credentials.

    Continue reading
  • US appeals court ruling could 'eliminate internet privacy'
    Tech terms of service dissolve Fourth Amendment rights, EFF warns

    The US Ninth Circuit Court of Appeals on Wednesday affirmed the 2019 conviction and sentencing of Carsten Igor Rosenow for sexually exploiting children in the Philippines – and, in the process, the court may have blown a huge hole in internet privacy law.

    The court appears to have given US government agents its blessing to copy anyone's internet account data without reasonable suspicion of wrongdoing – despite the Fourth Amendment's protection against unreasonable searches and seizures. UC Berkeley School of Law professor Orin Kerr noted the decision with dismay.

    "Holy crap: Although it was barely mentioned in the briefing, the CA9 just held in a single sentence, in a precedential opinion, that internet content preservation isn't a seizure," he wrote in a Twitter post. "And TOS [Terms of Service] eliminate all internet privacy."

    Continue reading
  • Verizon expands network-as-a-service with VMware SD-WAN
    If enterprise apps are going into the cloud, someone needs to provide the extra plumbing

    MWC Verizon Business is adding VMware's software-defined WAN (SD-WAN) offering to a lineup of managed services, the latest move by a major carrier to address the demand for more streamlined networking and security capabilities by increasingly distributed and cloud-centric enterprises.

    Verizon made the announcement this week at the Mobile World Conference event in Barcelona, giving the telco another service that organizations can use as data and applications continue to move out of centralized data centers and into the cloud and network edge.

    The partnership with VMware – Verizon has similar tie-ups with the likes of Cisco Systems, Fortinet, and Versa Networks – comes as the SD-WAN space expands rapidly and the technology plays a foundational role in the emerging secure access service edge (SASE) space, which essentially combines SD-WAN and hybrid connectivity with a range of network security functions, including zero-trust network access (ZTNA),  secure web gateways, cloud access security brokers (CASBs) and firewall-as-a-service (FWaaS) delivered as a cloud service.

    Continue reading
  • Yahoo shutters email service in China
    Purple! Palace! has! nothing! left! behind! the! Great! Firewall! – not! even! users’! mail! troves!

    Yahoo has stopped providing email services in China – a decision that means the venerable web company has ceased operations behind the Great Firewall.

    In an email dated February 26, the company advised users to shift to alternative email providers as soon as possible, and to download contacts, schedules and other important content. The email also advised the service would close on February 28 and, true to its word, Yahoo has pulled the plug.

    A Yahoo Mail FAQ explains its reasons for bailing, as follows:

    Continue reading

Biting the hand that feeds IT © 1998–2022