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Yahoo announces major revamp of product teams

Head of one recently acquired firm is promoted; chief of another is demoted

Like other big Internet companies, Yahoo sees how eager mobile users are to watch video, and it is trying to figure out how to serve those desires and make money from them.

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...

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