Wall Street drives down Yahoo's stock as questions surface about the company's progress and CEO Marissa Mayer's tenure enters its third year.
Speculation of a merger between the two once-mighty companies rises again, but Yahoo CEO Marissa Mayer reportedly still harbors doubts.
CEO Marissa Mayer reportedly overslept and arrived two hours late for the event. Her late appearance apparently upset attendees, including the CEO of one of the world's four largest ad firms.
At a time when ad revenue is increasingly important, the Yahoo CEO reportedly keeps high-level marketing executives waiting for hours because she overslept.
Just look at Yahoo's track record, the CEO says, declaring Yahoo will be "good stewards" of the money it stands to make from Alibaba's IPO.
During Marissa Mayer's tenure as CEO, Yahoo has acquired many companies. But Mayer singled out the artificial intelligence service Aviate for its potential to help the company make big ad bucks on mobile.
Of the almost 40 companies Marissa Mayer acquired since taking over Yahoo in 2012, artificial intelligence service Aviate — and not Tumblr — may turn out to be the biggest catch.
Facebook now makes more than half of its ad revenue on mobile. Yahoo would salivate over that figure. Maybe Mayer ought to dial up Zuck.
Another drab quarter makes it plain: the only thing keeping the wolves from starting to bay for change is Yahoo's ownership position in Alibaba.
CEO Marissa Mayer puts Yahoo's mission to entertain front and center in her keynote address at CES 2014, dedicating the largest portion of time to forthcoming news projects and peformances by SNL comics and John Legend.