Kara Swisher

Recent Posts by Kara Swisher

Yahoo to Shutter Cairo Office to “Streamline Operations” Globally

yahoo-maktoob

Yahoo told employees today that it planned to close its office in Cairo, Egypt, at the end of this year. There are about 40 staffers working there; with the move, there will now be no company presence in Egypt.

Yahoo said it will continue to operate in Amman, Jordan, and Dubai, United Arab Emirates, in the Middle East and Africa region, serving users of its Arabic Maktoob site.

A spokesperson for the Silicon Valley Internet service said: “This decision is part of Yahoo’s global effort to streamline operations, encourage collaboration by bringing more Yahoos together in fewer locations, and build a strong global business that is set up for long-term growth.”

In a related and larger move, Yahoo closed its operations in South Korea at the end of last year, after it had trouble gaining traction in the market.


Latest Video

View all videos »

Search »

I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik