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Marissa Mayer News
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Yahoo`s top lawyer, Ronald S Bell, has resigned and its CEO Marissa Mayer lost her 2016 bonus after a board investigation of the 2014 theft of information on over 500 million user accounts.
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Yahoo Inc reported a 6.5 percent rise in quarterly revenue on Tuesday, positive news for the beleaguered company whose deal to sell its core business to Verizon Communications Inc has been shaken by a massive data breach.
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Yahoo Inc reported better-than-expected quarterly adjusted profit on Tuesday, a boost for the beleaguered company whose deal to sell its core business to Verizon Communications Inc has been shaken by a massive data breach.
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A Yahoo Inc media executive fired from the internet company last year has filed a lawsuit claiming a job review process implemented by Chief Executive Marissa Mayer was used to cut men from executive ranks and lay them off illegally, court papers showed.
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US telecom giant Verizon Communications has agreed to buy the once internet king Yahoo for a 'meagre' USD 4.8 billion putting the company's 20 year reign as an independent entity to an end.
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Marissa Mayer, CEO of Yahoo, wrote a letter to employees soon after announcement of the acquisition came.
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Yahoo chief Marissa Mayer Monday said she would be open to staying on with the company, even though no decision has been made on her future following the company's acquisition by Verizon.
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Internet giant Yahoo on Monday announced that it has agreed a USD 4.83 billion deal to sell its core business to US tech giant Verizon Communications.
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Yahoo agreed to sell its core assets to telecom giant Verizon for $4.8 billion, ending a 20-year run by the internet pioneer as an independent company, the firms announced Monday.
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Yahoo said its loss in the second quarter widened to USD 440 million from USD 22 million a year earlier, while offering no definitive news on efforts to sell its core Internet business.
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It is unclear if the company has retained an investment bank as financial advisor on the potential bid. Yahoo officially launched the sale of its core business, which includes search, mail and news sites, last week.
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Embattled Internet pioneer Yahoo will announce job cuts when it releases its quarterly earnings report today.
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Yahoo chief executive Marissa Mayer said Thursday she delivered twin baby girls, adding to her family as she seeks to revitalize the struggling Internet firm.
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Marissa Mayer is listed as the 22nd most powerful woman by Forbes magazine.
Yahoo Inc said on Wednesday it had shelved plans to spin off its stake in Chinese e-commerce giant Alibaba Group Holding Ltd, citing tax concerns, and will instead create a separate company to hold the rest of its assets.
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Imagine being fired from your job but getting paid and ending up the winner!
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The company`s shares were up more than 6 percent in extended trading.
Yahoo chief executive Marissa Mayer revealed Tuesday she is expecting identical twin girls but will only take "limited time away" from running the Internet giant.
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