New Yahoo CEO Cleaning Out The Closet, Closing 50 Services

Yahoo’s new CEO Scott Thompson has a big broom in his hand, and he is using it to clean out Yahoo and shake up things back to profitability. In a call with journalists yesterday, Thompson said the company had some great properties that had a lot of potential but that there were too many other services bogging down these few profitable ones.
Referring to these redundant services, he said that Yahoo has been doing way too much for way too long and some things have to change in order to …