Items tagged with Marissa Mayer
By now you might have heard that Yahoo is changing its name to Altaba following its sale to Verizon Communications, and that Yahoo CEO Marissa Mayer is stepping down from the company's board of directors. News of Yahoo's fate spread like wildfire last night after Yahoo posted a filing with the United States Securities and Exchange Commission (SEC) detailing the changes, though there are a few things that need clarifying. One of them is that Yahoo probably is not going to disappear.Let's back up a moment. Verizon agreed to purchase Yahoo's search engine and web properties for $4.83 billion back in July of 2015. Not included in the pending deal are the investments that Yahoo's shareholders made,...
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Yahoo has recently been in the news for security breaches and invasions of user’s privacy. The company, however, has also experienced quite a bit of conflict from former employees. A recent lawsuit has accused Yahoo CEO Marissa Mayer, Megan Liberman (editor-in-chief of Yahoo News), and Kathy Savitt (former chief marketing officer) of purposely firing male employees due to their gender. The plaintiff is Scott Ard, now editor-in-chief of the Silicon Valley Business Journal. Ard served as head of editorial programming for Yahoo’s homepage for three and a half years. He stated that he had received “fully satisfactory” performance reviews until Liberman was hired. In June 2014, Ard was informed that...
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Says it ain’t so, Yahoo. As if Yahoo doesn’t have enough trouble on its hands with the revelation that 500 million users accounts were compromised in a 2012 hack (that number could actually surpass 1 billion users according to recent reports), a new report suggests that Yahoo provided a helping hand to the U.S government’s spying efforts. Yahoo is accused of building a custom scanner that snooped through the email accounts of millions of unsuspecting customers. The scanner was designed and built under the direction of two of the United States’ top intelligence gathering agencies: the National Security Agency (NSA) and the Federal Bureau of Investigation (FBI) according to Reuters. The program...
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Not too long ago, there were some serious doubts as to whether Microsoft and Yahoo would be able to ink a deal to continue there search partnership. However, those fears were unwarranted, as the two companies today announced that they have forged a new agreement the will still see Microsoft’s Bing engine power Yahoo search. There are of course a few changes compared to the original search deal that was put in place back in 2009. This time around, the search partnership is non-exclusive for both desktop and mobile search. So while Yahoo will still be using Bing technology to power the majority of its searches, it still has the flexibility to tailor the search experience for its customers.Yahoo...
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Somewhere on the other side, Ray Charles is punching keys on a piano and singing "Hit the Road Jack," only he's changing the words to include Henrique De Castro in the lyrics. Apparently the departing chief operating officer (COO) of Yahoo has been on the outs with company chief Marissa Mayer for some time now, and in a regulatory filing, it was revealed that today is his last day. "Mr. De Castro will receive the severance benefits provided for in his Employment Offer Letter, dated October 15, 2012, Severance Agreement, dated February 28, 2013, and equity award agreement," Yahoo stated in its Form 8-K filing with the SEC. Image Source: Flickr (Yahoo Pressebilder) De Castro came on board to lead...
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It's easy to see why Yahoo chose Marissa Mayer to serve as the company's President and Chief Operating Officer (CEO) after parting ways with Scott Thompson in 2012. For the most part, she's been nothing but brilliant in her role and is quick to react to market conditions. Underscoring her business savvy is the decision to encrypt all user data that travels between its data centers by the end of March 2014. Mayer made the announcement in a short blog post outlining Yahoo's commitment to protecting user information. In addition to rolling out full encryption by the end of the first quarter in 2014, Mayer said that Yahoo Mail will be made even more secure than it already is by introducing Secure...
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Yahoo chief Marissa Mayer has proven to be a spark plug for the site and brand. Before she accepted the position as Chief Executive Officer (CEO) of Yahoo, the site was struggling to stay relevant and trying to figure out how best to market to its brand. Now two years later, Yahoo monthly active users are up 20 percent to 800 million around the world, and the company is processing 12,000 resumes a week. That includes 350 million monthly active users on mobile, which is a testament to Mayer's ability to see the need to focus on mobile at a time when not all technology CEOs could see the writing on the wall. You could even argue that tech giants like Intel, AMD, and Microsoft all struggled to look...
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If we're being honest, we can all admit to at one time or another suffering from foot-in-mouth disease. Unintentionally saying the wrong thing can happen whether you have the gift of gab or not, and those in the public eye are especially prone to such incidents when every word is scrutinized. Hence Yahoo CEO Marissa Mayer is asking for forgiveness from professional photographers after she made a statement that appeared to disparage their profession. Yahoo held a press event in New York City to celebrate the opening of a new office and to unveil a revamped Flickr service that now offers users 1TB of storage space for free. With so much space up for grabs, Yahoo no longer offers a Flickr Pro subscription,...
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Google is generally considered a great place to work with numerous benefits and perks, including post-death payments to the surviving spouse and significant other. It just goes to show what a great pitch person Yahoo CEO and President Marissa Mayer is, considering she just snagged herself another ex-Googler. Mayer, a former Google employee herself, managed to pluck Andrew Schulte from his old work place where he served as a product marketing manager. Schulte joins Yahoo as the new Chief of Staff. Andrew Schulte is the second former Google employee to join Yahoo since the beginning of August. "Five life-changing years with Google flew by! Beyond thrilled to get started Marissa Mayer and the whole...
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