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Marissa Mayer Named Yahoo CEO

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Long-time Google executive Marissa Mayer has been named president and CEO of Yahoo. Google's 20th employee resigned from Google yesterday. She starts her new job as Chief Yahoo first thing Tuesday and is Yahoo's sixth CEO in the past 12 months. Long-time Google executive Marissa Mayer has been named president and CEO of Yahoo. Google's 20th employee resigned from Google yesterday. She starts her new job as Chief Yahoo first thing Tuesday and is Yahoo's sixth CEO in the past 12 months. 0 Comments

Embattled Yahoo CEO Leaves With $7 Million After 5 Months

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Yahoo has their fifth CEO in as many years, as Scott Thompson stepped down in the scandal over his padded resume. Investor hedge fund Loeb will exert greater control with three board seats, while Ross Levinsohn takes the interim CEO post. Yahoo has their fifth CEO in as many years, as Scott Thompson stepped down in the scandal over his padded resume. Investor hedge fund Loeb will exert greater control with three board seats, while Ross Levinsohn takes the interim CEO post. 0 Comments

Yahoo Search, Display Revenues Dip in Q4 2011

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Yahoo's 2011 Q4 search revenue was $465 million, down 27 percent compared to the same quarter for the previous year. Yahoo attributed the decline to the search agreement it signed with Microsoft. Overall fourth quarter revenue was $1.3 billion. Yahoo's 2011 Q4 search revenue was $465 million, down 27 percent compared to the same quarter for the previous year. Yahoo attributed the decline to the search agreement it signed with Microsoft. Overall fourth quarter revenue was $1.3 billion. 0 Comments

Yahoo Hires New CEO

Former PayPal president Scott Thompson joins Yahoo as CEO

Former PayPal president Scott Thompson joins Yahoo as CEO. Yahoo credits Thompson with doubling PayPal's active user base from 50 million to 104 million. Acting CEO Tim Morse will resume his duties as chief financial officer. Former PayPal president Scott Thompson joins Yahoo as CEO. Yahoo credits Thompson with doubling PayPal's active user base from 50 million to 104 million. Acting CEO Tim Morse will resume his duties as chief financial officer. 0 Comments

Yahoo Q3 2011 Earnings: Search Revenues Fall 13%

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Search revenue was $374 million, a 13 percent decrease from the previous quarter. Search revenue was bolstered by the fact that Microsoft reimbursed Yahoo for its entire $53 million search operating cost and $4 million in transition cost. Search revenue was $374 million, a 13 percent decrease from the previous quarter. Search revenue was bolstered by the fact that Microsoft reimbursed Yahoo for its entire $53 million search operating cost and $4 million in transition cost. 0 Comments

Yahoo Sale Getting Closer?

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Goldman Sachs and Allen & Company are helping Yahoo gather the financial information and prepare the due diligence needed prior to a sale. These moves have a number of major news media speculating on who potential buyers could be this time around. Goldman Sachs and Allen & Company are helping Yahoo gather the financial information and prepare the due diligence needed prior to a sale. These moves have a number of major news media speculating on who potential buyers could be this time around. 0 Comments

Yahoo CEO Carol Bartz Fired By Phone

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Yahoo Chairman of the Board Roy Bostock fired CEO Carol Bartz over the phone today. The struggling company named CFO Tim Morse interim CEO. Yahoo has formed an "Executive Leadership Council" to support Morse until a full-time CEO is appointed. Yahoo Chairman of the Board Roy Bostock fired CEO Carol Bartz over the phone today. The struggling company named CFO Tim Morse interim CEO. Yahoo has formed an "Executive Leadership Council" to support Morse until a full-time CEO is appointed. 0 Comments