Yahoo announces major revamp of product teams

New York

MARISSA Mayer, Yahoo's chief executive, announced a major reorganisation of the company's product teams on Friday, promoting the head of one recently acquired company and effectively demoting the chief of another.

Under the new structure, Simon Khalaf, the Internet company's data-spouting prophet of mobile, will become a senior vice-president and oversee many of the company's consumer-facing products, including the Yahoo home page, its portals devoted to themes like sports and movies, and related Yahoo apps.