Marissa Mayer | featured news

Yahoo CEO Marissa Mayer says she's pregnant with identical twins.

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.

It's been a groundbreaking year for women in business. IBM appointed its first female CEO in Ginni Rometty. Sheryl Sandberg led Facebook through a much-anticipated IPO. Irene Rosenfeld split Kraft into two public companies, and Marissa Mayer jumped from a top Google exec to the CEO seat at Yahoo. See the those named the top businesswomen on the Forbes 2012 list of The World's 100 Most Powerful Women.

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.