Yahoo executive Mickie Rosen, who led the company’s media business since 2011, is leaving the company, effective Sept 1., according a regulatory filing yesterday by the Web giant. Rosen, who oversaw top properties like Yahoo News, Sports and Finance, as SVP, global media and commerce, was terminated “without cause” and will receive severance benefits under her employment agreement with the company. A Yahoo spokesperson didn’t provide further detail on her departure, but said in a statement that, “Mickie has made tremendous contributions to Yahoo’s media business over the past two and a half years and we wish …
Taco Bell has announced that it will stop offering kids' meals in January 2014.
Burstly, a company that provides tools for mobile app publishers, today announced that Jarkko Rajamki has joined the company as vice president of business development, a new position at Burstly. According to the release, Rajamki will oversee "the company's publisher and developer relations." He was previously head of advertising for the Angry Birds franchise at Rovio Entertainment.
Google has agreed to settle a class-action lawsuit alleging that it leaked the names of search users via referrer headers, according to court papers filed on Friday in San Jose, Calif.
Lexus has launched a website and interactive promotion to promote the 2014 Lexus IS sport sedan, which has just launched. The Flash site, "Amazing Mix" centers on a video board featuring the car, where users can use their keyboards to make custom mixes with visual. The mixes can be saved and shared via the user's social channels.
Starcom MediaVest Group has appointed Diego Fernandez-Martin senior vice president-managing director for SMG Latin America. He joins from SMG client Burger King, where he was global head of media and digital for North America and led U.S. general market and U.S. Hispanic media, social and digital strategies. He is based in Miami and will report to Monica Gadsby, CEO of U.S. Multicultural and Latin America at SMG. He succeeds Todd Wilson, who will be moving to a new position with SMG in China.
Publicis' ZenithOptimedia has created a new regional organization for Northern, Central and Eastern Europe, and has promoted Nicole Pruesse to serve as its CEO. Pruesse previously was CEO of ZO's German operations. She will also continue to serve as chairman of VivaKi's operations in Germany, Austria and Switzerland. In her new role, Pruesse adds responsibility for 21 Central and Eastern European markets, Russia and the Netherlands. She will be based in Germany and will report directly to worldwide CEO Steve King.
Interpublic Group posted a 2.4% gain in revenue for the second quarter to $1.76 billion with a 19% drop in net income to $82.8 million. Organic growth for the period was 2.2%. For the first six months the company reported revenues of $3.3 billion, roughly flat from the prior year period with a net income drop of 45% to $26.5 million. Organic growth for the first half was 2.3%. Company CEO Michael Roth reaffirmed full-year guidance of achieving organic revenue growth of between 2% and 3% and profit margin improvement of half a percentage point.
Keith Olbermann, the oftimes controversial TV news and sportscaster, is coming back to the ESPN family. Olbermann will host a new daily late-night show on ESPN2, called "Olbermann", starting August 26, focusing the day’s relevant sports topics in mix of perspective and commentary, interviews, contributors, panel discussions and highlights. The hour-long live show will have the 11 p.m. to midnight time slot and broadcast from ABC's Time Square studios in New York City. Seemingly …
At the IAB Advertising Technology Marketplace event in New York this morning, Jay Sears, general manager, REVV buyer, Rubicon Project, started his presentation by asking everyone in the audience to tweet three words to describe the successful ad tech companies of the future. My words: "Easy. To. Use."