🤖 Yahoo! released Scout, its new AI search engine, a few days ago, and it has, hands down, the most “open web” friendly interface compared to ChatGPT or AI Mode… and honestly, the best interface overall 👇 I’ve been comparing Yahoo! Scout vs. ChatGPT & AI Mode across answer quality, formats, and link inclusion, testing different search intents and verticals, and I couldn’t believe how consistently Yahoo! Scout delivers a more user- and open-web-friendly answer experience: * Across most answers, it features a prominent, highlighted “Read More” button linking directly to the most relevant source behind the answer. * It includes links to external sites directly within the answers, starting from the very first paragraph, often showing dozens of links to original sources (in addition to linking to all sources together at the end in a sidebar). In contrast, other AI platforms include far fewer links in the answer itself, and mostly push users to a sidebar to access external sources. * It’s honestly crazy that after so much time of complaints from website owners, publishers, and the SEO community, Yahoo! ends up releasing a far more “open web”-friendly interface in its AI platform than… Google, that has supposedly been committed to improving theirs. Although I was skeptical when I first saw the announcement, I’m more than happy to eat my words, and I want to congratulate Yahoo! for designing not only an easy-to-use interface, but one that genuinely incentivizes users to keep browsing the sites where the answers come from 👏 I really hope product managers and designers at @Google and @OpenAI take note.

NEW: In 2021, Apollo acquired a massive internet business for ~$5B. Just 5 years later, it's become *one of the fastest-returning deals in the firm's history.* 700M monthly users. Billions in revenue. And an enormous distribution advantage that would be nearly impossible to replicate today. Apollo's Reed Rayman recruited Jim Lanzone (@jlanzone) to lead the turnaround. The company? @Yahoo. I sat down with CEO Jim Lanzone, one of the internet industry's most accomplished turnaround executives, to go inside @apolloglobal's PE M&A playbook for Yahoo, the economics of the acquisition, & why this may be one of the most underrated assets in tech. The numbers: › ~$5B acquisition › 700M monthly users, including 100M+ each across Yahoo Finance & Sports › 75% direct traffic, with ~75% of daily users logged in › Hundreds of millions in annual ad-tech losses addressed through restructuring › Major divestitures including AOL, TechCrunch & Edgecast › One of Apollo's fastest-returning deals, with Jim saying they're now "playing with house money" › Newer search companies valued at 6X Yahoo despite having a fraction of its users, revenue & profitability But the most interesting part of this deal is the operator. Before Yahoo, Jim helped drive a 50X stock increase at Ask Jeeves, grew CBS Interactive from 70M to 220M users, and led Tinder. And unlike the traditional PE playbook of aggressive cost extraction, PE micromanagement, Apollo backed an experienced product executive to restructure the business, rebuild its leadership, & reinvest in growth. Now Yahoo is moving from turnaround to comeback, with an entirely rebuilt product ecosystem, its own AI search engine through Yahoo Scout, and a potential path back to the public markets. We get into what it's really like operating under Apollo, the leadership decisions behind the turnaround, the value of internet distribution at scale, and why some startups with less than 0.1% of Yahoo's users command higher valuations. 𝐓𝐈𝐌𝐄𝐒𝐓𝐀𝐌𝐏𝐒 (00:00) Jim Lanzone, CEO of Yahoo (01:33) How Apollo bought Yahoo for $4.8B (04:16) Taking over a company in the middle of COVID (07:22) Is private equity really the villain? (12:42) The mistake that handed Google the internet (16:09) Where Yahoo's 700M monthly users come from (17:07) Why Yahoo sold AOL & TechCrunch (21:21) "You can't skip levels of the video game" (27:58) Why people still trust Yahoo in the AI era (30:26) How Yahoo Scout competes with ChatGPT & Perplexity (33:48) Saying no to the AI gold rush? (37:31) From turnaround to comeback (39:42) One of the fastest paybacks in Apollo history (42:50) The biggest mistake companies make at scale (44:21) Silicon Valley startups are now worth more than Yahoo with 0.1% of its users (46:25) Why Yahoo is ready for the next crash (48:57) Barry Diller, Tinder & the tweet that predicted Yahoo (54:36) Is Yahoo finally back?

NEW: In 2021, Apollo acquired a massive internet business for ~$5B. Just 5 years later, it's become *one of the fastest-returning deals in the firm's history.* 700M monthly users. Billions in revenue. And an enormous distribution advantage that would be nearly impossible to replicate today. Apollo's Reed Rayman recruited Jim Lanzone (@jlanzone) to lead the turnaround. The company? @Yahoo. I sat down with CEO Jim Lanzone, one of the internet industry's most accomplished turnaround executives, to go inside @apolloglobal's PE M&A playbook for Yahoo, the economics of the acquisition, & why this may be one of the most underrated assets in tech. The numbers: › ~$5B acquisition › 700M monthly users, including 100M+ each across Yahoo Finance & Sports › 75% direct traffic, with ~75% of daily users logged in › Hundreds of millions in annual ad-tech losses addressed through restructuring › Major divestitures including AOL, TechCrunch & Edgecast › One of Apollo's fastest-returning deals, with Jim saying they're now "playing with house money" › Newer search companies valued at 6X Yahoo despite having a fraction of its users, revenue & profitability But the most interesting part of this deal is the operator. Before Yahoo, Jim helped drive a 50X stock increase at Ask Jeeves, grew CBS Interactive from 70M to 220M users, and led Tinder. And unlike the traditional PE playbook of aggressive cost extraction, PE micromanagement, Apollo backed an experienced product executive to restructure the business, rebuild its leadership, & reinvest in growth. Now Yahoo is moving from turnaround to comeback, with an entirely rebuilt product ecosystem, its own AI search engine through Yahoo Scout, and a potential path back to the public markets. We get into what it's really like operating under Apollo, the leadership decisions behind the turnaround, the value of internet distribution at scale, and why some startups with less than 0.1% of Yahoo's users command higher valuations. 𝐓𝐈𝐌𝐄𝐒𝐓𝐀𝐌𝐏𝐒 (00:00) Jim Lanzone, CEO of Yahoo (01:33) How Apollo bought Yahoo for $4.8B (04:16) Taking over a company in the middle of COVID (07:22) Is private equity really the villain? (12:42) The mistake that handed Google the internet (16:09) Where Yahoo's 700M monthly users come from (17:07) Why Yahoo sold AOL & TechCrunch (21:21) "You can't skip levels of the video game" (27:58) Why people still trust Yahoo in the AI era (30:26) How Yahoo Scout competes with ChatGPT & Perplexity (33:48) Saying no to the AI gold rush? (37:31) From turnaround to comeback (39:42) One of the fastest paybacks in Apollo history (42:50) The biggest mistake companies make at scale (44:21) Silicon Valley startups are now worth more than Yahoo with 0.1% of its users (46:25) Why Yahoo is ready for the next crash (48:57) Barry Diller, Tinder & the tweet that predicted Yahoo (54:36) Is Yahoo finally back?

More details on what I’m building: a daily, hour-long livestream in partnership with @YahooFinance Live, online, interactive and based in San Francisco. @sarafischer has the news here: axios.com/2026/09/08/yahoo-f…

Fantasy Football is going back to school. 📣 College Fantasy Football is now on @Yahoo. Get started now: yahoofantasy.com/college

We're thrilled to add expert analysts Josh Norris and Hayden Winks to our award-winning roster! Beginning this season, Josh and Hayden will host their popular football show exclusively on Yahoo Sports channels to deliver their signature expert fantasy analysis. Please join us in welcoming @JoshNorris and @HaydenWinks to Yahoo!

It is with profound sadness that we share the news of Om Malik’s passing. It’s difficult to state the impact that @om had on all of our lives at True. Om was the first Founder we funded when we started True. In our Presidio office, Om discussed his idea for a new type of media company. That idea would later become GigaOm. Om was a brilliant Founder, an amazing teammate and Partner at True, a prolific writer, a gifted photographer, and a sage and valuable advisor to so many in the technology ecosystem. Om was brilliant, thoughtful, humorous, profoundly kind, and deeply curious. He was also relentless when he had an idea or story. Om was brave - he never shied away from sharing his views or pushing for the truth. We were very, very lucky to call Om our Partner and friend at True for these last many years. For today, we simply encourage you to take a moment to remember this beautiful soul and great thinker who was in our midst. He would ask us to slow down a bit. Om would want us to think deeper, express our love for one another a lot more. Above all else, Om wanted us all to retain our humanity and care for each other in our brilliant quest to rebuild the world. We love you Om. Team True om.co/2026/06/24/1966-2026/

This should illicit some reaction. @Digiday has DSPs ranked in below order based on select buyer feedback: 1) Yahoo 2) The Trade Desk 3) Google DV360 4) StackAdapt 5) Amazon DSP digiday.com/media-buying/dig…

Today we’re live at the annual #AxiosAISummit in NYC starting at 2:00pm ET. Today's conversations feature leaders from government, tech, media and beyond exploring what's next in AI. See the agenda below and follow this thread for speaker spotlights. Watch live: bit.ly/49Dri95

Meet Microsoft Scout. An always-on agent that keeps work moving, taking action without needing to be prompted each time. As Microsoft’s first Autopilot agent, Microsoft Scout works across Teams, Outlook, OneDrive, and more—taking action within the controls your organization sets. Learn more: msft.it/6011vbhaN