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.
The IPO promises to be one of the biggest events in Yahoo's recent history. But after the expected multibillion-dollar windfall, the company's going to be under intense pressure to improve performance.
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.
Speculation of a merger between the two once-mighty companies rises again, but Yahoo CEO Marissa Mayer reportedly still harbors doubts.
At a time when ad revenue is increasingly important, the Yahoo CEO reportedly keeps high-level marketing executives waiting for hours because she overslept.
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.
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.
During her first year as CEO, Marissa Mayer spearheaded the buyout of several smaller Internet companies as Yahoo stockpiled talent.