Yahoo dumps video hub amid 'refocusing' drive

Yahoo has pulled the plug on an online video hub that had once been envisioned as the beleaguered company’s answer to Netflix and YouTube.

Yahoo dumps video hub amid 'refocusing' drive
Tue, 05 Jan, 2016 - 19:09

Yahoo has pulled the plug on an online video hub that had once been envisioned as the beleaguered company’s answer to Netflix and YouTube.

The end of the Yahoo Screen is part of a purge being directed by CEO Marissa Mayer with hopes of generating greater profit elsewhere.

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<p>Cork-founded information and communication technologies company PFH Technology has posted turnover of €178.5m, up 18% on the previous year, with operating profits increasing to €19.8m.</p>

Profits rise to €19.8m at Cork-headquartered PFH Technology

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