Reminiscing the success of its investment in Alibaba Holdings Group, Yahoo Inc. is reportedly eyeing on Snapchat. The Internet giant is currently in talks with Snapchat and has committed close to $20 million in the ephemeral photo messaging startup in a deal that would value Snapchat at $10 billion, according to the Wall Street Journal. [...]
Activist investor Jeffrey Smith, in a letter on Friday urged Yahoo Inc. to buy AOL Inc. and to head in a direction where they can reduce future taxes on the company’s stake in China’s Alibaba Holdings Group. He likewise rebuked Marissa Mayer, CEO of Yahoo for spending $1.3 billion to acquire Tumblr and more than [...]
That Yahoo Inc.’s CEO Marissa Mayer manages to stay in news again for the once-largest search engine and email services giant was again highlighted with news of the company announcing probable deletion of inactive user accounts.
The decision-making caucus at Yahoo Inc. now sees investing in social blogging media as the new opportunity to steer the company towards greater fortunes. In the first of the series, it will invest as much as $1.1 billion to buy famous Tumblr, a short-form blogging service. The social blogging network currently glories in staggering 108 million blogs with nearly 51 billion posts.
Working hard on revamping the company paid off as Yahoo CEO Marissa Mayer was awarded with staggering $36 million. Yet the Yahoo board certainly faced some problems while appeasing shareholders who believed that this award was too high.
There are these young people who have fantastic ideas and are lucky. One of them is Nick D’Aloisio – he is young, smart and incredibly rich. Just on the 26th of March, Yahoo Inc. informed that it bought a smartphone news app, which was developed by today 17-year-old buy, for rumored $30 million. The acquisition of Summly is one of the latest in an avalanche of purchases aimed at getting Yahoo Inc. more competitive in the tech world.
Yahoo CEO Marissa Mayer has decided to revolutionize the company’s employment policy by bringing back its telecommuting employees to offices. The revolution is to start in June. Marissa Mayer believes this action will strengthen and ease collaboration among the employees. However, Richard Branson criticized Marissa Mayer’s actions by referring them as “backward”.
Just not so long after Google Inc. informed that it pulled its music service from China in September, Yahoo Inc. also informed that it decided to terminate its Chinese music service. The step has been taken as the company, once the Internet giant, tries to modify its “product strategy.” The Chinese music service of Yahoo Inc. is to be shut down on the 20th of January.
The rise in shares of Yahoo Inc. was striking as the shares managed to reach their highest level in a span of more than a year and half. The sudden rise in shares of Yahoo Inc. is being attributed to Marissa Mayer, the new Yahoo Chief Executive, who is believed to be in a position to achieve a successful return of the company as a significant player in the sector.
Henrique de Castro, a former executive of Google Inc., has been hired as the new COO of Yahoo by the Chief Executive of Yahoo, Marissa Mayer. This latest move has been taken by the Chief Executive of Yahoo in order to bring new faces to the management team of the struggling web company.
Marissa Mayer, the new CEO of Yahoo Inc., fleshed out extensive plans for the company in her first address to the entire group on the 25th of September. The goals proposed by her met with an enthusiastic response from members of staff who have suffered from years of doubt and turmoil in management.
Yahoo Inc. was finally able to complete a long awaited Yahoo-Alibaba deal with China’s Alibaba Group worth $7.6 billion, giving rise to a windfall that could play a major role in easing the pain of Yahoo Inc.’s shareholders who have been forced to suffer because of the faults of the company over the course of the past few years.
Yahoo Inc and Facebook Inc have finally agreed to settle their heated up patent lawsuits and tie up for a licensing and internet advertising partnership according to reports laid out on Friday. The pact has at last settled the accusations that were made for the technology patent infringement that started under the leadership of Scott Thompson, the ex-CEO of Yahoo.
The antitrust regulators of EU who are investigating Google for allegedly anti competent behavior want the giant internet search engine to offer concession on all its platforms. These platforms include mobile devices, tablets and computers according to the statements made by two people who are familiar with the issue on Friday.
Only two weeks ago Marissa Mayer was announced a new CEO of Yahoo. The company, which these days is described as a struggling internet giant, found Marissa Mayer from Google to be better than Ross Levinsohn. Yahoo Inc. informed that Ross Levinsohn had decided to leave the company after he was overlooked for the CEO post. Levinsohn was believed to have been a strong internal candidate for the position.
Yahoo Inc., the internet giant is set to name its next CEO very soon. The possible name on the list that has cleared many rounds and is likely to the nod is Scott Thompson, who runs eBay’s online payment unit PayPal.
Carol Bartz, the ex CEO at Yahoo Incorporated was asked to leave by the board on 6th September following her failed attempts to revitalize the online media company. Bartz, who was shocked to hear about this decision over the phone from the chairman of the board. She feels that the employees shouldn’t feel that she [...]