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Reports Say Yahoo Board Has Approved $1.1 Billion To Buy Tumblr Website
SUNNYVALE (CBS/AP) — Yahoo may be on the verge of closing its biggest acquisition during the 10-month reign of CEO Marissa Mayer as she tries to attract more traffic and advertisers to the Internet...
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Yahoo Looks To Regain Its Cool With $1.1 Billion Tumblr Deal
SUNNYVALE (CBS/AP) – After falling woefully out of fashion, Yahoo wants to be cool again while catering to the capitalistic demands of its shareholders. That goal led CEO Marissa Mayer to make a $1.1...
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Yahoo Completes $1.1 Billion Deal For Tumblr
SUNNYVALE (CBS / AP) — Yahoo has completed its $1.1 billion acquisition of online blogging forum Tumblr. The move represents Yahoo CEO Marissa Mayer’s boldest move since she left Google a little less...
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Yahoo CEO Blows Off ‘Attractive’ Comment From ‘Dirty Old’ Shareholder
SUNNYVALE (CBS SF) – Yahoo CEO Marissa Mayer was forced to endure some bizarre comments and questions while presiding over her first shareholder meeting Tuesday. Mayer has been CEO of Yahoo for nearly...
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Mayer’s Magnetism, Alibaba Jackpot Rejuvenate Yahoo
SUNNYVALE (CBS / AP) — Not much had been going right for Yahoo until it lured Marissa Mayer away from Google to become its CEO last summer. The move is shaping up as the best thing to happen to Yahoo...
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Yahoo To Buy 40M Shares From Outgoing Board Member
SUNNYVALE (CBS/AP) — 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....
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Larry Magid: Yahoo Reportedly Courts Katie Couric For Web Show
SAN FRANCISCO (KCBS) – 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....
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Yahoo Unveils First New Logo In 18 Years
SUNNYVALE (CBS / AP) — Yahoo has adopted a new logo for the first time since shortly after the Internet company’s founding 18 years ago. The redesigned look unveiled late Wednesday is part of a...
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Yahoo CEO Says Company Now Has 800 Million Users
SAN FRANCISCO (CBS / AP) – Yahoo CEO Marissa Mayer says 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...
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Yahoo Stock Tops $30 For 1st Time In 5 Years
SUNNYVALE (CBS/AP) — 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...
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Yahoo Quarterly Results Dragged Down By Revenue Drop
SUNNYVALE (AP) — 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....
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Yahoo Reportedly Plans To Produce 4 Original TV Series
SUNNYVALE (CBS SF) — Yahoo is planning to roll out its own original, cable TV-style programming, according to a published report. The Wall Street Journal reported Yahoo is close to ordering four web...
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Yahoo’s 1Q Earnings Highlighted By Alibaba, Modest Ad Gains
SUNNYVALE (CBS / AP) — 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...
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Alibaba Group Aiming To Raise $1 Billion In IPO
SAN FRANCISCO (AP) — Alibaba Group, China’s leading e-commerce company, is dangling a deal that could turn into one of the biggest IPOs in U.S. history. In a long-awaited move made Tuesday, Alibaba...
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President Obama To Stop At Mountain View Walmart In Latest Bay Area...
MOUNTAIN VIEW (CBS SF) – President Barack Obama will make an appearance at the Walmart store in Mountain View to talk about energy efficiency, as part of his latest fundraising trip to the Bay Area...
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Concerts On Yahoo Make Best of Industry Struggles
SUNNYVALE (CBS SF/AP) – Sometimes the struggles of an industry can bring music to your ears. And your screens. Live Nation’s partnership with Sunnyvale-based Yahoo to stream one live concert every day...
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Yahoo’s 3rd Quarter Earnings Soar On Alibaba Windfall
SUNNYVALE (CBS / AP) — Yahoo’s (YHOO) third-quarter earnings soared as the Internet company collected a huge windfall from Alibaba’s recent IPO. Revenue also rose slightly from the previous year, a...
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Stanford Researchers Find Telecommuters More Productive, But Workers At Home...
STANFORD (CBS SF) – With more companies looking at allowing their employees to work from home, a team of researchers from Stanford found home-based workers are more productive, but also found...
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Yahoo Revival Not Evident In Latest Earnings Report; Value Beyond Asian...
SUNNYVALE (AP) — Yahoo (YHOO) is still struggling to boost revenue nearly three years into CEO Marissa Mayer’s tenure, magnifying concerns that the Internet company holds little value beyond its...
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Yahoo CEO Marissa Mayer’s Compensation Surges To $42 Million; Highest-Paid...
SUNNYVALE (CBS/AP) — The value of Yahoo CEO Marissa Mayer’s pay package surged last year, making her the highest-paid female CEO of Standard & Poors 500 companies. Meanwhile, a USA Today analysis...
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Yahoo Announces Name For Alibaba Spinoff, Assures Investors Deal Will Be...
SAN FRANCISCO (CBS/AP) — Yahoo is moving forward with the spinoff of its sizable stake in China’s Alibaba Group, and announced a name for it: Aabaco. Yahoo stockholders will get shares in the new...
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Yahoo Buying Mountain View Style-Guide Website Polyvore To Boost...
SAN FRANCISCO (CBS/AP) — Yahoo is buying style-tip specialist Polyvore in its latest attempt to become a more fashionable place to advertise. Financial terms of the deal announced Friday aren’t being...
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Yahoo CEO Marissa Mayer Pregnant With Twins
SUNNYVALE (CBS SF) – Yahoo CEO Marissa Mayer announced Monday that she is pregnant with identical twin girls and expects to give birth sometime in December. The CEO of the Sunnyvale-based internet...
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Yahoo CEO Marissa Mayer Running Out Of Time To Turn Things Around
SUNNYVALE (CBS / AP) — Marissa Mayer’s nearly four-year attempt to turn around Yahoo needs a turnaround itself, repeating a pattern of futility that has hobbled one of the Internet’s best-known...
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Yahoo CEO Marissa Mayer Gives Birth To Twins
SUNNYVALE (CBS SF) – Yahoo CEO Marissa Mayer announced that she has given birth to identical twin girls. Mayer said her family was doing well in a tweet posted Thursday morning. Zack and I are excited...
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Yahoo Facing More Pressure From Frustrated Shareholders
SAN FRANCISCO (AP) — Yahoo is facing shareholder pressure to pursue other alternatives besides a complex spinoff of its Internet operations while CEO Marissa Mayer struggles to revive the company’s...
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Amid Troubles, Yahoo Throws Lavish Roaring ‘20s-Style Holiday Party
SUNNYVALE (CBS SF) – While Yahoo considers spinning off its core internet business as its stock drops considerably, the company recently threw a lavish holiday party that reportedly cost millions....
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Yahoo Pulls Plug On Video Hub As CEO Refocuses Company
SUNNYVALE (CBS / AP) — Yahoo has closed its online video hub as part of a purge that CEO Marissa Mayer hopes will make the beleaguered Internet company more profitable. The decision to shut down the...
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Big Yahoo Investor Seeks Change In Leadership, Strategy
SUNNYVALE (CBS / AP) — A big Yahoo investor is asking for a leadership change at the beleaguered company and pushing for the spinoff of its core Internet business. “Despite over three years of effort...
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Yahoo Board Hires Investment Banks To Mull Possible Sale
SUNNYVALE (CBS/AP) — Yahoo’s board has hired three investment banking firms to evaluate potential bids for its Internet operations in the clearest sign yet that CEO Marissa Mayer may not have much more...
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As Yahoo Struggles, Activist Investors Seek To Replace Entire Board
SUNNYVALE (CBS / AP) — Starboard Value LP nominated an entirely new board at Yahoo on Thursday, setting up a fight for control of the faded Internet company. Starboard, which owns about 1.7 percent of...
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Verizon Said To Have Bought Yahoo For Nearly $5 Billion
SAN FRANCISCO (CBS/AP) — Verizon has agreed to buy online portal Yahoo Inc. for roughly $5 billion, according to multiple media reports, each citing a single unnamed source. The deal is expected to be...
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Verizon Officially Buying Yahoo For $4.83 Billion
SUNNYVALE (CBS / AP) — Verizon is buying Yahoo for $4.83 billion, marking the end of an era for a company that once defined the internet. It is the second time in as many years that Verizon has snapped...
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Yahoo’s Mayer A Trailblazer, But No Game-Changer For Women
SUNNYVALE (AP) — Marissa Mayer was a rarity: A major tech-company CEO who served while pregnant and, later, as a mother of young children. But her trailblazing has done little to meaningfully improve...
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Yahoo CEO Marissa Mayer Could Reap $44 Million If She Stays Until Verizon...
SAN FRANCISCO (CBS/AP) — Yahoo CEO Marissa Mayer stands to collect a $44 million severance package if she leaves after Verizon completes its purchase of the once-mighty internet company. Mayer hasn’t...
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Yahoo CEO Accused Of Illegally Purging Male Workers In Lawsuit
SUNNYVALE (KCBS) – A former Yahoo employee is suing the Sunnyvale-based internet company, claiming that CEO Marissa Mayer led an illegal purge of male tech workers. Scott Ard, who was fired last year...
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Yahoo To Change Name, CEO Mayer To Resign Under Verizon Deal
SAN FRANCISCO (AP) — Yahoo will adopt a new corporate identity and cut the size of its board in half if the proposed $4.8 billion sale of its digital services to Verizon Communications goes through....
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Verizon Takes Over Yahoo To Complete $4.5 Billion Deal
SAN FRANCISCO (AP) — Verizon has taken over Yahoo, completing a $4.5 billion deal that will usher in a new management team to attempt to wring more advertising revenue from one of the internet’s...
View ArticleYahoo Reportedly Nearing $1.1B Acquisition Of Tumblr
SUNNYVALE (CBS / AP) — Yahoo may be on the verge of closing its biggest acquisition during the 10-month reign of CEO Marissa Mayer as she tries to attract more traffic and advertisers to the Internet...
View ArticleEx-Yahoo CEO Pushes To Open Private Women’s Club At Former Mortuary
PALO ALTO (KPIX 5) — A showdown is set for Monday night in Palo Alto as some residents hope to stop a local tech heavyweight’s plans to turn an old mortuary into a private social club. Former Yahoo CEO...
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