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ExclusiveYahoo! plans to cut around 2000 jobs

Digital media business Yahoo! has announced restructuring plans this week, which will see around 2,000 people being “notified of job elimination or phased transition”.

Scott Thompson, the company’s CEO, said “We are intensifying our efforts on our core businesses and redeploying resources to our most urgent priorities. Our goal is to get back to our core purpose - putting our users and advertisers first - and we are moving aggressively to achieve that goal.”

ExclusiveSamsung moves into mobile advertising

Samsung Electronics has announced a new mobile advertising exchange in partnership with digital advertising business OpenX Technologies.

The new exchange - called the Samsung AdHub Market, Powered by OpenX - will let advertisers buy mobile advertising opportunities from developers. It’s expected to launch in the second half of 2012.

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