Portal, Marissa Mayer | featured news

Yahoo said its profit rose 36% as the struggling Internet pioneer showed signs of continuing its slow but steady rebound under Mayer. But its shares fell after-hours on signs of decay in sales of display ads.

Notorious for flubbing solid acquisitions, Yahoo has bought six small companies under Marissa Mayer in an attempt to cultivate not only innovative technologies, but the engineers who run them.

The Yahoo evolution continues - this time with a few more swings of the axe.
Friday, Yahoo announced that it would be sunsetting a handful of its products in a move consistent with CEO Marissa Mayer's plan to aggressively prune the unruly conglomerate.

The virtual water cooler, it seems, has nothing on the real thing. Yahoo! CEO Marissa Mayer has decided that the company will no longer abide by its long-standing practice of using employees who telecommute to work each day.

Yahoo has named former PayPal cofounder Max Levchin to its board of directors, as two other board members are stepping down. The addition of Levchin, a well-known Silicon Valley technology executive, is another move towards Marissa Mayer‘s efforts to revamp Yahoo with a technology focus.

Yahoo (YHOO) announced its first acquisition under CEO Marissa Mayer on Thursday, a New York-based mobile startup named Stamped that was founded by two former Google (GOOG) employees and received financing from celebrities including Justin Bieber.

Yahoo Inc's new CEO Marissa Mayer sketched out her plan for revamping the mobile and search advertising business, outlining publicly for the first time her vision for getting the ailing Web company back on its feet.

Marissa Mayer, who earned a reputation for decisive action and intensity during her 13-year stint at Google Inc, has spent her first months as Yahoo Inc CEO quietly moving the Internet pioneer back to its roots in technology.

New Yahoo Chief Executive Marissa Mayer's compensation package could total more than $70 million in salary, bonuses, restricted stock and stock options over five years, according to a regulatory filing made by the company Thursday.

Marissa Mayer, Yahoo Inc's new chief executive officer will make $1 million in annual salary, $12 million in restricted stock and stock options, and one-time retention and performance awards of $30 million vesting over five years.