San Francisco [U.S.], Jan. 10 : Contrary to some news reports on Monday internet giant Yahoo is not going to change its name but only a part of the company that is not being sold to Verizon will be renamed "Altaba".
The CEO Marissa Mayer is to step down from its board, but will continue remain in the post, reports the guardian.
Verizon agreed to buy Yahoo's search engine and web portal for USD 4.83 billion back in July. However, Yahoo's shareholders held onto the company's lucrative investments - including a 36 percent stake in Yahoo Japan and a 16 percent stake in Alibaba - and patent portfolio. This remaining entity has no product and no staff members.
Marissa Mayer, Yahoo Inc’s Chief Executive Officer, has announced her pregnancy. Mayer shared that she is likely to deliver twin baby girls in December.
"Since this is a unique time in Yahoo's transformation, I plan to approach the pregnancy and delivery as I did with my son three years ago, taking limited time away and working throughout," Mayer wrote in a blog on Tuesday.
The news however, comes as a jolt for the company which is on the verge of entering and existing new business deals with other giants.
She was expecting a baby boy when she had joined Yahoo in 2012. The 40-year-old continued to work from home even after the delivery and joined back within a fortnight then.
Yahoo is planning to shut a few of its services including Yahoo Maps and Yahoo Pipes as the service faces intense competition from Google Inc.'s Maps service.
In a blog post, Amotz Maimon, Yahoo's chief architect said that maps. yahoo. com will shut down by the end of this month.
Yahoo is shutting down its services in order to realign itself to focus on search and digital content. Maps. yahoo. com will shut down by the end of this month, Amotz Maimon, Yahoo's chief architect, said in a blog post, as the service faces intense competition from Google Inc's Maps service.
Maimon mentioned that Yahoo's search and other services including photo-sharing website Flickr will still support Yahoo Maps.
Internet search and content company Yahoo has reported its first quarter earnings and revenue, which missed Wall Street's revenue and profit forecasts. Small growth in the company's online advertising businesses was overshadowed by its higher payments to websites which sends traffic to Yahoo.
The company's first quarter results missed profit forecasts, but still its share rose about 1.4% to about $45.10 in extended trading. The share rose after president and Chief Executive Officer of Yahoo Marissa Mayer said that the company had appointed some advisers to determine the most promising opportunities for its stake in Yahoo Japan.
In the social media world, new parent companies release statements whenever acquisitions take place, declaring that nothing will change. But previous incidences show that it hasn’t often been the case.
Although Tumblr has been part of the Yahoo network for two years, it has largely remained true to its users. But, there are rumors floating that there may be some staff shuffling between Tumblr and Yahoo, which could result in few changes for Tumblr service as well.
As per Business Insider reports, Yahoo has been planning a big reorganization that will bring Tumblr more close to the parent company, and it will no longer be allowed to be run as a largely independent business unit.
Washington, Dec 01 : Flickr is set to get a makeover as its CEO Marissa Mayer is planning a major overhaul of the website to make it relevant again.
Insisting that the company wants to make the social media website "awesome again," Mayer suggested a slick redesign and a terabyte of photo storage for every user which will allow the site to store more than 500,000 photos, reported CNET.
The move marked the beginning of Flickr's attempts at a turnaround since Mayer became the CEO in 2012. She also put Bernardo Hernandez , a 43 year old former Googler and native of Spain, in charge of the site shortly she announced her decision to redesign the website.
Washington, July 22 : Yahoo announced on Monday that it is set to buy Flurry, a company that specializes in mobile analytics and advertising.
Flurry, founded in 2005, provides mobile analytics for more than 170,000 developers globally. One of its aims is to allow app makers and marketers to place more-personal ads. The service gets insights from 1.4 billion devices a month, CNET reported.
Washington, Apr 17 : Yahoo co-founder and 'Chief Yahoo' David Filo has reportedly been nominated to return back to the company's board of directors after an absence of 18 years.
Filo, who co-founded the Web portal in 1995 with former CEO Jerry Yang, has been reportedly named among the three nominees as new board members.
Washington, Jan 20 : Yahoo's now Ex-COO Henrique De Castro is reportedly said to take home a paycheck fatter than that of the company's CEO Marissa Mayer.
De Castro is expected to walk away with somewhere from 88 million dollars to 109 million dollars for 15 months of work at the Internet giant.
According to Cnet, former Googler Mayer had hired De Castro for Yahoo offering a fat contract, which was touted as the biggest golden parachute packages ever.
Yahoo is all about making the world's everyday habits inspiring as well as entertaining, the Internet search giant's chief executive officer Marissa Mayer said during her keynote presentation at the 2014 Consumer Electronics Show (CES) in Las Vegas.
Mayer added that there were few places as inspiring as well as entertaining as the CES, and that they were working to re-imagine Yahoo's core businesses across various fields, such as search, communications and media.
Washington, Jan. 8 : Yahoo has acquired Aviate, a startup whose technology brings information to mobile home screens from a user's Android apps .
CEO Marissa Mayer made the announcement during her Consumer Electronics Show keynote. According to TechCrunch, Mayer suggested that Yahoo could use Aviate's technology to deliver its content in ways that are 'smarter and more personalized'.
Aviate auto-categorizes apps on Android phone and intelligently gathers them into 'spaces'.
Washington, Jan. 8 : Yahoo CEO Marissa Mayer announced new services at the ongoing CES 2014 in Las Vegas, including a twice-daily news summary called Yahoo News Digest and other digital news magazines.
The company's new plans announced for this year also include a tech-news property led by former New York Times columnist David Pogue.
According to Cnet, Yahoo News Digest would provide two daily summaries, one in the morning, and one in the evening and include all the important news of the day and the app is different in delivery and presentation as it includes art, graphics, photo, details, etc.
According to several reports, a number of users of the revived Yahoo Mail are still facing problems in sending and/or receiving mail, accessing certain folders or even the entire service and outages.
Yahoo Mail had undergone a major redesign in October in order to compete better with rival, Gmail. However, the service was disrupted with technical failure soon after the redesign. The head of Yahoo Mail, Jeff Bonforte is facing criticism from the users and others due to the continuing issues with the service.
Washington, Nov 19 : Yahoo is reportedly going to encrypt all of its users' personal data that flows through its data centers across the globe, in a bid to save it from the prying eyes of world's surveillance agencies.
CEO Marissa Mayer announced that the company will be encrypting connections between its data centers beginning now and into the early part of next year.
Yahoo Inc announced on Monday that it would acquire online blogging service Tumblr for $1.1 billion in cash.
So far, this acquisition is the company's largest since Marissa Mayer became the chief executive of the Inter firm in July last year. This deal also marks Yahoo Inc's most expensive acquisition after the company's $1.3 billion acquisition of online search engine Overture nearly a decade ago.
Marissa Mayer, the Chief Executive Officer of Yahoo! is moving ahead with her plans to acquire blogging site Tumblr in a deal valued at $1.1 billion.
Marissa Mayer, the Chief Executive Officer of Yahoo! has hinted that the company is planning to acquire Tumblr for about US$ 1.1 billion to expand its presence in the social media.
Mayer said that the discussions are going on with Tumblr's David Karp for the proposed acquisition. The takeover will allow Yahoo! to expand its reach to the internet users with 15 billion page views a month. Tumblr has been doing well with the marketers and investors where Yahoo! has faced problems in recent times.
Internet giant, Yahoo has said that it is planning to scrap a total of seven services as part of the company's regular efforts to evaluate and review its product line-up.
Melbourne, Mar 2 : Bosses are urging their employees to suit up in an attempt to clamp down on work wear that has become a little too "casual".
Yahoo CEO Marissa Mayer caused a stir earlier this week when she told employees they must work in the office or quit.
According to a recent report in the UK's The Sunday Telegraph newspaper, citing unnamed `inside' sources, Facebook and Yahoo are apparently discussing the prospect of collaborating on a Web-based search service.