Yahoo is still prospering from its lucrative investments in Asia while the Internet company’s listless advertising sales are picking up, if ever so slightly, under CEO Marissa Mayer.
Yahoo is planning to roll out its own original, cable TV-style programming, according to a published report.
Among the must-see technology conventions to visit are the Cloud Expo in New York, E3 2014 in Los Angeles, MacWorld/iWorld and Dreamforce in San Francisco and South by Southwest in Austin.
Yahoo’s latest quarterly report shows CEO Marissa Mayer is still having trouble bringing in more revenue as online advertisers spend more money at Google, Facebook and other rivals.
Yahoo is getting closer to propelling its stock beyond the price that Microsoft offered to buy the Internet company in 2008, a feat that seemed unattainable until Yahoo hired Marissa Mayer as its CEO last year.
Yahoo CEO Marissa Mayer said the Internet company now has about 800 million worldwide users, a 20 percent increase since she was lured away from Google 15 months ago to steer a turnaround.
Yahoo has adopted a new logo for the first time since shortly after the Internet company’s founding 18 years ago.
Just a day after Yahoo passed Google in terms of U.S. Web visitors, the company’s CEO Marissa Mayer is reportedly courting Katie Couric for a Web interview show on its homepage.
Activist investor Dan Loeb and two other directors nominated by his hedge fund are leaving Yahoo’s board after big gains in the Internet company’s stock price over the past year.
CEO Melissa Mayer’s magnetism and Alibaba’s prosperity are now combining to transform Yahoo Inc. from a tale of woe into a comeback story that is winning over Silicon Valley and Wall Street.