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 introduced a new app that streams video to mobile devices called ‘Yahoo! Screen,’ but with well established competitors already out there, the question is how will they differentiate themselves?
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.
For the first time in more than two years, more Americans visited Yahoo’s websites than Google’s in July, according to data from research firm comScore Inc.
Yahoo’s recently completed acquisition of Internet blogging service Tumblr includes an $81 million payment to Tumblr founder David Karp as long as he remains on the job for the next four years.
Yahoo has acquired Rockmelt, a Silicon Valley startup that built a Web browser tied to Facebook’s social network.
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.
Yahoo’s second-quarter results aren’t giving Marissa Mayer a lot to celebrate as she completes her first year running the Internet company.