Sources describe Apollo's Yahoo turnaround efforts, including layoffs, asset sales, and new partnerships; Yahoo is on pace to generate $7B in 2023 gross revenue
When speaking about the company he inherited in September 2021, Jim Lanzone is remarkably blunt. “I always knew these products had seen better days,” said Lanzone, the CEO of Yahoo, over a video call in late August. “Even though they still have large audiences, they needed to be modernized—pretty…
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