Reminiscing the success of its investment in Alibaba Holdings Group, Yahoo Inc. is reportedly eyeing on Snapchat. The Internet giant is currently in talks …
Activist investor Jeffrey Smith, in a letter on Friday urged Yahoo Inc. to buy AOL Inc. and to head in a direction where they …
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.
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.