As part of Yahoo's sale to Verizon Communications, Marissa Mayer will step down as CEO, and will be compensated $23 million. The company will also be spun off, under a different name, and a new CEO.
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After it was reported back in August that 200 million Yahoo accounts in 2012 had been compromised, the company is now preparing to officially announce that such an incident did happen to its service.
Verizon Communications has officially announced that it will acquire Yahoo for $4.83 billion. It will integrate the company with AOL, which will help Verizon towards its internet business.
CEO of Yahoo, Marissa Mayer, has outlined a new plan which will re-focus the company on its core business offerings. Unfortunately the plan sees 15% of its workforce being cut.
Sources close to Yahoo have revealed that the company under Marissa Mayer might be looking at another acquisition with popular photo sharing website Imgur and talks have already begun.
Yahoo CEO Marissa Mayer has begun using her Twitter account in an effort to get users to switch to the company's services, retweeting and responding to those who promise to do so.
Yahoo were criticized when it was discovered they were complying with the NSA by allowing access to their 800 million users. Mayer has denied wrongdoing, and says she could have wound up in prison.
comScore has revealed Yahoo! as the most popular US web property of July. It comes as a relief for newly appointed CEO Marissa Mayer, who has made many changes to outperform Google and Microsoft.
Yahoo have announced a 'product-focused' event will take place on Monday amid rumours of a possible acquisition of Tumblr. Will the rumours prove to be true or is this unrelated?
Yahoo CEO Marissa Mayer is implementing a new policy in June that will bar employees from working at home. According to a report, many company employees are irate at the move.
Marissa Mayer, a vice president at Google, has resigned from the search engine company to helm one of its rivals. She starts as President and CEO of Yahoo! on Tuesday.
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