The new company would be called Edgio, it announced at the time. The company signed a definitive agreement to acquire Yahoo’s Edgecast business unit in an all-stock transaction valued at about $300 million. In March, Limelight Networks announced plans to acquire Yahoo Edgecast. The dating app recently added new features to its service, which include additional safety measures for its users’ protection.With Yahoo Edgecast fully acquired, Edgio promises the fastest web applications on the planet running on its global edge network We are building the most fun, inclusive, safest place for singles to connect,” she concluded. The Tinder team is – hands down – the most innovative and inspiring group I’ve ever worked with. “Being CEO of this company is a truly humbling and extraordinary opportunity to make that happen for the next generation of singles around the world. “I swiped right on my husband and it changed my life,” Nyborg said. Nyborg said in a statement that she had a special place in her heart for Tinder as she met her husband on the app. She will be Tinder’s first woman CEO since its founding in 2012, and she will report to the CEO of Tinder’s parent company Match Group, Shar Dubey. Like Lanzone, she will begin her role as CEO on 27 September. Nyborg was previously Tinder’s head of EMEA. Lanzone’s break-up with Tinder paves the way for Renate Nyborg’s appointment as the dating site’s new CEO. Rayman also welcomed Gowrappan’s appointment as senior adviser and thanked him for his “significant contributions to the company”, as well as his willingness to pass “the baton following three consecutive quarters of double-digit growth.” Yahoo chair and Apollo partner, Reed Rayman, welcomed Lanzone’s move: “With his experience and proven management skills, we are confident Jim is the right leader to steward Yahoo through a transformational new phase that can leverage the best of Yahoo’s platform and performance to reach new heights,” he said. Lanzone’s stint at Tinder lasted just over a year, but he previously worked at digital holding company IAC, which originally launched Tinder before its separation from Match Group. Gowrappan continued as CEO of the company for several months after it was announced that Verizon planned to sell its media assets, including Yahoo, for $4.25bn in cash to Apollo. “Jim and I will work together to ensure a seamless transition, and I’m confident he will build on our successes and lead us into our future,” Gowrappan added. I have every confidence he will be a terrific leader for the new Yahoo,” he wrote. “Jim is a veteran technology and media leader with two decades of leadership experience and a deep track record of growth, innovation and an entrepreneurial spirit. In a memo to Yahoo staff, Gowrappan said he was delighted to welcome Lanzone as the company’s new CEO effective from 27 September. He joined Yahoo three years ago, and will serve as a senior adviser to Apollo once the transition comes into effect. Yahoo’s current CEO Guru Gowrappan will serve as an adviser to the company following its split with Verizon on 1 September. ![]() The appointment comes days after Yahoo’s acquisition by investment firm Apollo. ![]() US web provider Yahoo has appointed former Tinder CEO Jim Lanzone as its new chief. Tinder CEO Jim Lanzone will swipe left on his current role to take up the top job at Yahoo just days after it was acquired by Apollo.
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