Posts tagged as: Yahoo

Mayer criticizes the Yahoo-Microsoft deal

Marissa Mayer wasted no time to break the taboo of their agreement to rent the company’s search engine to Microsoft. In addition to paying, they lose market their respective share to Google. Yahoo signed a 10 year long agreement with Microsoft in 2010, hoping that the collaboration will cause trouble to the other technology giant, […]

Gmail becomes world’s most popular webmail

Eight years ever since its inception, Gmail has surpassed the beloved mailing server, Hotmail. Gmail has been created by Sabeer Bhatia and Jack Smith in 1996, but a year later acquired by Microsoft who, over the years has changed its name. A year ago, Google had claimed to be number one in the bussines with […]

Yahoo hires Ken Goldman of Fortinet as its new CFO

Yahoo, Inc. CEO Marissa Mayer announced in a statement that the company has hired Fortinet CFO Ken Goldman as its new Chief Financial Officer starting October 22. Fortinet deals in security software solutions. Goldman will take over the office in almost a month’s time and Mayer will have ample time to cut out work for […]

Alibaba finalizes first round of repurchasing its stock from Yahoo

Alibaba Group announced in a statement that it has finished the first round of repurchase of Yahoo’s stake in the company. The transaction will stream $7.6 Billion in Yahoo’s direction. China’s largest online retail and B2B giant announced on May 20 jointly with Yahoo that it will reduce the US-based web portal’s stake in Alibaba […]

Yahoo says it will pay back most of the proceeds to shareholders

Yahoo, Inc. announced that it will pay back 85 percent of the proceeds from $7.6 billion sale of half its stake in China’s Alibaba Group. The company released the statement on Tuesday after finalizing the deal. A few months ago the company said that it might pay back all of the proceeds but tracked back […]

Yahoo hires Lockerz CEO Kathy Savitt as Chief Marketing Officer

Savitt’s hiring marks the major human resource acquisition at Sunnyvale since Marissa Mayer took over as CEO Yahoo has hired Lockerz founder and CEO Kathy Savitt as the company’s Chief Marketing Officer. The decision was made public on Monday, August 27. The former CEO of the social commerce website will certainly prove worthy with her […]

Ross Levinsohn bids farewell to Yahoo after losing the top spot to Marissa Mayer

After the Scott Thompson firing, Levinsohn was considered the strongest candidate to be the CEO Yahoo, Inc.’s former interim CEO Ross Levinsohn resigned from the company, effective immediately. The news was confirmed by Yahoo spokesperson on Monday. “Ross has done a terrific job during his time at Yahoo,” the spokesperson said. “We wish him all […]

Yahoo hires former Google executive Marissa Mayer as the new CEO – Part 1

The beleaguering Silicon Valley-based internet company Yahoo! has taken a new stride toward a promising future. The company, in efforts to put an end to all the aggravating situations has hired Google’s top executive, Marissa Mayer, as its new CEO. Ms. Mayer joined the company on Tuesday, July 17. Mayer is the company’s third CEO […]

Yahoo hires former Google executive Marissa Mayer as the new CEO – Part 2

Including Google search, news and images, she was one of the main character behind more than a 100 products and features launched by Google. Google CEO Larry Page wished Mayer the best of luck in her future endeavours: “Since arriving at Google just over 13 years ago as employee No. 20, Marissa has been a […]

Yahoo hires former Google executive Marissa Mayer as the new CEO – Part 3

  Mayer is expecting a baby, due in October. However, she said that her maternity leave will be a few weeks long and she will work throughout that time. The dedication shown by the new CEO resulted in a share price bump in after hours. Yahoo announced the appointment after Monday’s close of business but […]

Microsoft writes off aQuantive’s $6.2 Billion value, the 2007 acquisition fails to deliver results – Part 1

It is needless to say that Microsoft is one of the pioneers of the personal computing as we know it. However, internet is a different animal to handle and Microsoft does not seem to have the muscle. The company recently wrote off its $6.3 Billion acquisition, aQuantive, in its balance sheets. The company made the […]

Microsoft writes off aQuantive’s $6.2 Billion value, the 2007 acquisition fails to deliver results – Part 2

Google the king in internet business seems to have mastered the art of handling everything web. The company does not only hold the throne in online search but also is the king of online advertisement. Google purchased DoubleClick, an online advertisement agency, in 2007, a few weeks earlier than Microsoft’s buy out of a Quantive. […]


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