Yahoo is unlucky. Even the smartest and youngest CEO and a Google veteran Marissa Mayer could not save it. She was hired in 2012 with the sole purpose to bring Yahoo to a powerful position to compete with the search giant Google and social media Facebook. But far away from achieving any success, the company is now on its way to ‘non-existence’. The ‘doomsday’ just arrived. Yesterday telephone company Verizon acquired Yahoo’s operating business for approximately $4.83 billion in cash.(more…)
LAS VEGAS — Today at the annual Consumer Electronics Show (CES) in Las Vegas, Yahoo! Inc. unveiled new products and media sites across smartphones, tablets and the web, as well as a new suite of advertising technology to help advertisers, publishers and partners get more return from their online advertising campaigns.
In a keynote address, Yahoo CEO Marissa Mayer discussed the company’s vision to make the world’s daily habits inspiring and entertaining. Yahoo executives were joined onstage by Yahoo’s new Global Anchor Katie Couric; Yahoo Tech vice president of editorial David Pogue; celebrity talent including SNL‘s Cecily Strong and Keenan Thompson; as well as John Legend, Grammy-Award-winning artist and a member of Yahoo’s 2013 On the Road tour. (more…)
SUNNYVALE, Calif. & NEW YORK — Yahoo! Inc. and Tumblr announced today that they have reached a definitive agreement for Yahoo! to acquire Tumblr.
Per the agreement and our promise not to screw it up, Tumblr will be independently operated as a separate business. David Karp will remain CEO. The product, service and brand will continue to be defined and developed separately with the same Tumblr irreverence, wit, and commitment to empower creators. (more…)
