Yahoo today reported its financial results for the third quarter of 2012, its first full quarter with new CEO Marissa Mayer at the helm.
Considering the long-standing struggles of Yahoo as a business, its board of directors battles, and Scott Thompson’s “ResumeGate”, Yahoo (and its investors) have been in sore need of some good news. When beloved Google exec Marissa Mayer took the helm as CEO back in July, finally Yahoo had a cause for optimism.
Yahoo plans to compete on mobile by way of partnerships, not hardware or operating systems, Yahoo CEO Marissa Mayer told Bloomberg at the annual World Economic Forum meeting in Davos, Switzerland, where the subject of the talk was the future of Yahoo’s business.
Yahoo’s CEO Marissa Mayer, who joined the company in July after more than a decade at Google, continues to staff out key positions as she’s builds her new senior management team. The latest hire is former Google colleague, Henrique de Castro, who will take the role of chief operating officer with responsibility for strategic and operational management of Yahoo’s sales, operations
Yahoo’s Marissa Mayer said today that the company is nearing the end of its first “sprint” during her tenure as CEO. That sprint, she said, was focused on “getting people to believe in Yahoo” and making the company an appealing place to work.
Mayer offered a number of comparisons to illustrate that things do seem to be turning around when it comes to talent.
Well, that’s that then. All the talk a while ago about AOL possibly merging with Yahoo is officially off the table for now, according to AOL’s CEO Tim Armstrong.
“I’ve never talked to Marissa [Mayer, the new CEO of Yahoo] about merging AOL and Yahoo,” he said, speaking at the TechCrunch Disrupt conference in San Francisco today.
What is Yahoo? Marissa Mayer just laid out the company’s identity and future at Wired Business Conference. The key words she repeated over and over was “Every Day”.
Yahoo’s search deal with Microsoft is underperforming, CEO Marissa Mayer said during an appearance at the Goldman Sachs Technology and Internet Conference in San Francisco on Tuesday.
The deal has not delivered the market share gains or revenue boost that was expected, Mayer said. Yahoo and Microsoft inked the 10-year search partnership in 2010 as part of an effort to challenge Google.
Excuse the belated chortle here but it bears noting that Marissa Mayer, CEO of Yahoo!, seems to have pushed the old maxim of a “new broom sweeps clean” all the way into the darkest recesses of Yahoo. To wit, consider the note the BI found from Mayer to her staff.
We have a very exciting update to share with you today – we are announcing Yahoo! Smart Phones, Smart Fun!