“But this month, the 40-year-old was a featured speaker at a popular tech conference in San Francisco along with the founders of Twitter Inc. and new Yahoo Inc. YHOO +1.18%CEO Marissa Mayer.”
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.
Yahoo CEO Marissa Mayer offered some brief comments about the departure of COO Henrique De Castro during today’s earnings webcast.
The company announced earlier this month that De Castro, who joined Yahoo from Google in 2012, was leaving. The move that was widely seen as a firing resulting from De Castro’s difficulties turning around the ad business.
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.
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.
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 CEO Marissa Mayer seems to be on a bit of a press tour, and as result, a lot of her comments onstage today at the IAB MIXX conference won’t be a big surprise to folks who have been following her recent public appearances and the broader coverage of her time at Yahoo.
One thing that did surprise me: Mayer said (a couple of times, in fact) that she doesn’t read what the media write
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.
According to Reuters, Yahoo! is actively closing down its Korean business and cutting around 200 jobs. We’ve reached out to Yahoo! for comment and confirmation and will update you as soon as we hear back.
This shutdown was already reported, and it was supposed to happen by “the end of the year.” The end of the year has apparently happened.
Yahoo says cutting about 200 jobs.