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Mayer&#39;s Job: Figure Out What Yahoo Is

 Mayer's Job: 
 Figure Out 
 What Yahoo Is 

david carr

Mayer's Job: Figure Out What Yahoo Is

David Carr's guess: It's all about news

(Newser) - Yahoo is so unsure of its own goals that David Carr wonders "whether the frothy trademark Yahoo! should be replaced with Yahoo?," he writes in the New York Times . Now that Marissa Mayer is onboard as CEO, it's time for the company to define itself. And Carr...

Yahoo Could Pay Marissa Mayer $100M Over 5 Years

Stocks and options dwarf her actual salary

(Newser) - She may have an almost impossible task ahead of her at Yahoo, but at least Marissa Mayer will be well paid for her efforts. Very well paid. Kara Swisher of All Things D reports that Yahoo could end up shelling out at least $60 million over five years, more than...

Marissa Mayer Will Likely Fail at Yahoo—But Don't Blame Her

Farhad Manjoo: She's great, but she has a near-impossible task

(Newser) - Marissa Mayer has said she likes to feel a little over her head, and her decision to leave Google to run Yahoo certainly must qualify, writes Farhad Manjoo at Slate . Mayer is great, but Yahoo is a bloated, unfocused mess. Lately, it has "flitted from one new Web fad...

New Yahoo Chief Marissa Mayer Is Pregnant

Due with first child Oct. 7

(Newser) - If you were impressed by yesterday's announcement of Marissa Mayer's big jump from Google to the helm of Yahoo, get ready to be a little more wowed: The 37-year-old is making the leap while pregnant with her first child, a boy due Oct. 7, reports Fortune . (Dad is...

Google Exec Jumps Ship to Lead Yahoo

Marissa Mayer calls it 'a reasonably easy decision'

(Newser) - Yahoo shocked Silicon Valley today by luring a top Google executive to lead the rudderless Internet company, the New York Times reports. Marissa Mayer, one of corporate America's most prominent women—and a rare public face for Google—agreed to become Yahoo's CEO starting tomorrow. She "had...

1M Android Forum Users' Data Hacked

Yahoo attack also hit Gmail, Hotmail, AOL

(Newser) - Another major security breach has emerged a day after news of a Yahoo hack targeting 450,000 users, this time at an online forum for Android users. Hackers snagged user IDs, email addresses, passwords, and more in an attack on Android Forums' more than 1 million users, ZDNet reports. An...

Hackers Reveal 453K Yahoo Logins

But Yahoo says only 5% of the passwords are valid

(Newser) - A hacking collective posted the login credentials of a whopping 453,000 Yahoo users online yesterday, saying they'd swiped them from a Yahoo subdomain using a technique that only works on poorly-secured Web apps that don't monitor text entered into various user input fields, Ars Technica reports. "...

Yahoo Unveils New 'Search Browser'

Axis' visual search results win praise

(Newser) - Yahoo has entered the web browser game with its new Axis browser. The browser, which was rolled out last evening, is designed to eliminate the middle step in the search process, combining the search box and address bar, and displaying actual images of websites—rather than traditional links to the...

Yahoo, Alibaba End Years of Bickering With $7B Deal

Yahoo will sell back up to half its 40% stake in Chinese company

(Newser) - It's a resolution for what All Things Digital's Kara Swisher calls "perhaps the longest running global cat fight in Internet history": In a $7.1 billion deal, Yahoo is selling back up to half its 40% stake in China's Alibaba , the Wall Street Journal reports. For...

Yahoo Ex-CEO: I Have Cancer

Illness linked to decision to step down

(Newser) - In a surprise revelation, former Yahoo CEO Scott Thompson has told board members and colleagues that he has been diagnosed with thyroid cancer, sources tell the Wall Street Journal . Thompson stepped down as CEO after it was discovered that he did not have a college degree in computer science, as...

Yahoo CEO Quitting: Report
 Yahoo CEO Quitting: Report 

Yahoo CEO Quitting: Report

Scott Thompson is out over faked resume: AllThingsD

(Newser) - Creative resume writing is not paying off for embattled Yahoo CEO Scott Thompson, who is about to step down from the tech giant's helm, reports Kara Swisher in an exclusive for AllThingsD . He'll likely be replaced by Yahoo's global media chief, Ross Levinsohn, who presumably has a...

Yahoo Board Probes CEO&#39;s Fake R&eacute;sum&eacute; Debacle
Yahoo Board Probes CEO's Fake Résumé Debacle
UPDATED

Yahoo Board Probes CEO's Fake Résumé Debacle

Scott Thompson apologizes; director in charge of vetting to step down

(Newser) - Yahoo’s board is investigating the mess surrounding CEO Scott Thompson’s inflated résumé , and is hiring a law firm to oversee the matter, the Wall Street Journal reports. After shareholder Third Point LLC discovered Thompson has only an accounting degree, rather than a degree in computer science and...

Yahoo CEO Accused of Inflating Resume

Scott Thompson doesn't have computer science degree, shareholder discovers

(Newser) - Activist Yahoo shareholder Dan Loeb appears to have vetted CEO Scott Thompson more carefully than the company's board did. In his bio and regulatory filings, Thompson claimed to have a double degree in computer science and accounting from Stonehill College, but his only degree is in accounting, Loeb discovered....

Yahoo Lays Off 2K Workers
 Yahoo Lays Off 2K Workers 

Yahoo Lays Off 2K Workers

Moves were expected amidst flat growth

(Newser) - Yahoo is slashing 2,000 jobs, or about 14% of its workforce, the company announced today, in a long-expected cost-cutting move. The cuts will hit every department in the company, and sources tell the Wall Street Journal that yet more cost reduction measures are in the works, as Yahoo continues...

Yahoo Sues Facebook Over 10 Alleged Patent Violations

Accuses Facebook of succeeding by using Yahoo patents

(Newser) - Yahoo followed through on its threat to sue Facebook today, filing a suit accusing the social networking company of violating 10 Yahoo patents. The suit, filed by new CEO Scott Thompson, reportedly comes after months of talks between the two companies; it alleges that Facebook got a "free ride"...

Yahoo Poised to Lay Off Thousands
Yahoo Poised to
Lay Off Thousands

Yahoo Poised to Lay Off Thousands

New CEO Scott Thompson plans major restructuring, sources say

(Newser) - Yahoo's new CEO is planning a major shake-up of the business that's expected to involve thousands of layoffs, sources tell All Things Digital . Scott Thompson, who has been pushing for quick changes since taking charge early this year , is eyeing big cuts in Yahoo's large products organization,...

Bill Maher Hands $1M to Obama Super PAC

Presents check during Yahoo standup show

(Newser) - Bill Maher isn't being coy about his political allegiance. As part of his standup show last night, broadcast live by Yahoo , the comedian gave a giant check for $1 million to a pro-President Obama super PAC. The money adds to the nearly $4.5 million Priorities USA Action has...

Lawsuit: We Invented the Web, So Pay Up Google

Eolas Technologies patent claims interactive web is its brainchild

(Newser) - A case is being tried in Tyler, Texas, this week that could determine the future of the Internet. On one side: The world's top web companies, including Google, Amazon, Yahoo, and Apple. On the other: A tiny company called Eolas Technologies that claims it patented the "interactive web....

Google, Yahoo, 13 Others Declare War on Phishing

New set of standards could make email more trustworthy

(Newser) - A new anti-phishing effort, backed by the big email service providers as well as banks, PayPal, social networks, and other companies, could dramatically reduce the number of scam emails you get in your inbox. Google, Yahoo, Microsoft, and AOL are backing the new plan; 15 companies in total have come...

Co-Founder Yang Leaves Yahoo

He resigns from all positions, including board

(Newser) - Yahoo co-founder Jerry Yang has resigned as a board member and from all his other company positions. In a letter to the board's chairman, Yang said it was time for him to "pursue other interests," according to a company statement . He had faced criticism from shareholders; some...

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