Popular free video-hosting website YouTube has poached a senior Yahoo!
employee for the position of chief financial officer.
Gideon Yu has moved working on Yahoo!’s corporate finance, global banking
and treasury operations (as well as being the company’s investment committee
chairman) to head up the financial services division at YouTube.
According to the Wall Street Journal, his appointment to the San
Mateo-based website, which allows users to upload view and share video clips for
free, comes in the wake of the site’s moves to monetise its huge volumes of
YouTube was launched only 18 months ago, but already has users watching more
than 100 million videos a day.
The site has also begun to offer companies advertising opportunities whereby
established artists can upload content and invite fans to subscribe to their
websites. Paris Hilton, of Warner Bros, signed up for this last month.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements