Microsoft Corp on Thursday tapped a former Yahoo search executive to lead its online push, adding to the intrigue surrounding a possible search partnership between the two rivals.
Redmond, Washington-based Microsoft named Qi Lu (陸奇) president of its Online Services Group, responsible for all of the software maker’s Web-based programs and services, including search and online advertising — areas where it ranks a distant No. 3 behind Google Inc and Yahoo Inc.
The slot was left vacant after Kevin Johnson, a driving force behind Microsoft’s quixotic attempt to buy Yahoo, departed in July.
A top internal contender to succeed Johnson, former aQuantive chief Brian McAndrews, is leaving the company, Microsoft said.
Lu spent a decade working for Yahoo. He oversaw a high-profile effort, dubbed “Project Panama,” that has helped Yahoo reap more money from the ads running alongside its search results. But that project took longer than investors had hoped to complete, giving Google more time to widen its advantage over its rival.
More than 100 Yahoo executives have left since January last year, exasperated with the perceived bungling of the Sunnyvale, California, company’s leaders. The Web icon, eclipsed by Google and outmaneuvered by nimble newcomers like MySpace and Facebook, has posted sagging profits for the past three years.
Lu left Yahoo in August, shortly after the firm hired Google to show some of the ads next to its search results. The proposed partnership disillusioned some of Yahoo’s search engine specialists who saw the deal as a signal that the company planned to spend less time and money to improve its own technology.
The alliance fell apart last month when Google backed out to avoid an antitrust battle with the US Justice Department.
The move to hire Lu is a new twist in Microsoft’s winding pursuit of Google’s online advertising success, which culminated with a US$47.5 billion bid to buy Yahoo this spring. After Yahoo spurned the offer, Microsoft CEO Steve Ballmer attempted to buy Yahoo’s search operations a la carte for US$1 billion. Yahoo again declined, but Ballmer has repeatedly said he remains interested in some kind of tie-up.
Hiring Lu “shows that Microsoft is doubling down on search again,” said Matt Rosoff, an analyst for the independent research group Directions on Microsoft.
The analyst said that from as far back as 2000, Microsoft’s online leaders have come from sales or marketing backgrounds.
Bringing on a highly technical executive means Microsoft is serious about improving its own technology — and then persuade Yahoo to outsource search and advertising to Microsoft, Rosoff said.
“This is the clearest indication we’ve had that Microsoft is not going to buy any part of Yahoo,” Rosoff said.
The CIA has a message for Chinese government officials worried about their place in Chinese President Xi Jinping’s (習近平) government: Come work with us. The agency released two Mandarin-language videos on social media on Thursday inviting disgruntled officials to contact the CIA. The recruitment videos posted on YouTube and X racked up more than 5 million views combined in their first day. The outreach comes as CIA Director John Ratcliffe has vowed to boost the agency’s use of intelligence from human sources and its focus on China, which has recently targeted US officials with its own espionage operations. The videos are “aimed at
STEADFAST FRIEND: The bills encourage increased Taiwan-US engagement and address China’s distortion of UN Resolution 2758 to isolate Taiwan internationally The Presidential Office yesterday thanked the US House of Representatives for unanimously passing two Taiwan-related bills highlighting its solid support for Taiwan’s democracy and global participation, and for deepening bilateral relations. One of the bills, the Taiwan Assurance Implementation Act, requires the US Department of State to periodically review its guidelines for engagement with Taiwan, and report to the US Congress on the guidelines and plans to lift self-imposed limitations on US-Taiwan engagement. The other bill is the Taiwan International Solidarity Act, which clarifies that UN Resolution 2758 does not address the issue of the representation of Taiwan or its people in
US Indo-Pacific Commander Admiral Samuel Paparo on Friday expressed concern over the rate at which China is diversifying its military exercises, the Financial Times (FT) reported on Saturday. “The rates of change on the depth and breadth of their exercises is the one non-linear effect that I’ve seen in the last year that wakes me up at night or keeps me up at night,” Paparo was quoted by FT as saying while attending the annual Sedona Forum at the McCain Institute in Arizona. Paparo also expressed concern over the speed with which China was expanding its military. While the US
SHIFT: Taiwan’s better-than-expected first-quarter GDP and signs of weakness in the US have driven global capital back to emerging markets, the central bank head said The central bank yesterday blamed market speculation for the steep rise in the local currency, and urged exporters and financial institutions to stay calm and stop panic sell-offs to avoid hurting their own profitability. The nation’s top monetary policymaker said that it would step in, if necessary, to maintain order and stability in the foreign exchange market. The remarks came as the NT dollar yesterday closed up NT$0.919 to NT$30.145 against the US dollar in Taipei trading, after rising as high as NT$29.59 in intraday trading. The local currency has surged 5.85 percent against the greenback over the past two sessions, central