It’s fairly safe to say that RIM (RIMM) won’t be inviting Yahoo (YHOO) CEO Marissa Mayer to the grand BlackBerry 10 launch early next year. In an interview with Fortune on Tuesday, Mayer reiterated that her company is moving away from using BlackBerry devices. But she also went a step further to rub salt in RIM’s wounds by stating repeatedly that she wants her employees to move “from BlackBerries to smartphones,” with the implication that BlackBerry devices no longer count as smartphones. More →
It looks as if Microsoft’s (MSFT) efforts to dethrone Google (GOOG) as the search engine king have failed. The Internet giant’s search market share hit record highs in the month of October, accounting for 66.9% of all searches conducted in the United States. Microsoft’s efforts may have been ineffective at toppling Google thus far, but the company’s advertising campaign has helped it steal market share from other search engines. According to comScore’s most recent numbers, Bing also had a record month with a 16% share of the market. The total number of searches conducted in October increased 8% to 17.6 billion, with Google accounting for 11.8 billion compared to Microsoft’s 2.8 billion. Rounding out the top five search engines were Yahoo (YHOO), Ask (IACI) and AOL (AOL) with 12.2%, 3.2% and 1.8% shares of the market, respectively. It is worth noting, however, that the research firm does not account for mobile searches.
Yahoo (YHOO) CEO Marissa Mayer hasn’t finished experimenting with grand redesigns for her company’s homepage. Per AllThingsD, Yahoo’s latest attempted remake looks like it’s got more of a touchscreen focus and has borrowed some pointers from Microsoft’s (MSFT) Windows 8 tile design. As AllThingsD notes, it’s not surprising that the new homepage redesign has an emphasis on touchscreen capabilities since Mayer said during her company’s last earnings call that “Yahoo will have to be a predominantly mobile company.” In addition to its Windows 8-like features, the new homepage also features “more simplified icons for various Yahoo properties, fewer text links, additional social and personalization aspects and — perhaps most importantly — no advertising module at the very top,” AllThingsD reports.
Yahoo (YHOO) announced last week plans to shutter its business in South Korea as a result of plans to restructure the company. The search engine on Tuesday officially began notifying employees of the closure and will be eliminating 200 jobs as a result, according to Reuters. Yahoo CEO Marissa Mayer previously said that the decision was part of the company’s efforts to streamline operations and focus its resources on building a stronger global business that’s capable of long-term growth and success.
Yahoo (YHOO) CEO Marissa Mayer has wasted no time in turning the Internet portal into a lean and mean Web machine since she landed the job in July. Next up on Mayer’s agenda after giving all Yahoo employees free iPhones and food is trimming all the bloat on the portal’s homepage. Business Insider claims the screenshot above is an authentic version for a redesigned Yahoo site. From what we can tell, the purported redesign doesn’t too change much, but dials back the purple coloring, cuts off all of the unnecessary categories in the left menu bar and opts for a dynamic search bar that remains at the top as users scroll down pages. More →
As we’ve noted previously, Yahoo (YHOO) CEO Marissa Mayer is not messing around when it comes to getting her new company up to speed with her former employer, Google (GOOG). And now, unnamed sources have told Business Insider that Mayer has delivered a new ultimatum for employees working on product pitches: Figure out a way to get it out the door in six months or don’t bother pitching it at all. What’s more, Yahoo will no longer consider investing in any project “if it doesn’t have a realistic shot of reaching 100 million users or generate $100 million toward the company’s top line.” More →
Yahoo’s (YHOO) decision to go with Microsoft’s (MSFT) Bing as its underlying search technology hasn’t exactly upended the search engine market, and now Google (GOOG) Chairman Eric Schmidt has publicly stated that he’s interested in breaking up the marriage between the two companies. Forbes reports that while speaking at an event to promote the Nexus 7 tablet in Japan on Monday, Schmidt said that he would love to have Yahoo switch to Google as its official search partner, years after the two companies called off talks to partner for search over fears that the government would file an antitrust suit against them. The idea of a Google-Yahoo partnership is particularly intriguing since former Google executive Marissa Mayer took over as Yahoo’s chief executive earlier this year. More →
Ever since taking over as CEO of Yahoo (YHOO), Marissa Mayer has used a series of carrots and sticks to boost employee morale at the company and to motivate employees to work longer and harder than they ever have. Mayer’s new program of giving everyone in the company a free smartphone falls squarely into the “carrot” category, although it could prove bittersweet for any Yahoo employees who still love devices manufactured by RIM (RIMM). As Business Insider reports, Mayer is giving employees a choice of receiving an iPhone 5, a Samsung Galaxy S III, an HTC One X, an HTC EVO 4G LTE, or a Nokia Lumia 920, but not a BlackBerry.
It should be pretty obvious by now that new Yahoo (YHOO) CEO Marissa Mayer is not messing around. An unnamed source has told Business Insider that Mayer has now taken control of the company’s hiring process and personally reads the resumes of every “serious candidate” to weed out anyone who doesn’t meet her exacting standards. More →
Yahoo (YHOO) employees had better enjoy the free iPhones and all the free food they’ll be getting at Yahoo company cafeterias because it seems they’re going to be working a lot of late nights. Business Insider reports that new Yahoo CEO Marissa Mayer is letting Yahoo employees know that they’re going to have to start putting in a lot more hours if they want to catch up with her former company Google (GOOG). More →
Despite the fact that she worked at Google (GOOG) for the past 13 years, Yahoo’s new CEO Marissa Mayer wants all her employee to use an iPhone. Mayer has been using Apple’s (AAPL) smartphone for years, even during her tenure at Google, and the executive has enjoyed the device so much that she is considering reaching into Yahoo’s (YHOO) cash reserves to purchase one for every employee. While handing out iPhones would likely boost employee morale, an anonymous source told Business Insider that Mayer is more interested in bringing “consistency across the company.” Rather than one platform, Yahoo employees currently use a variety of devices, including BlackBerry phones, iPhones and Android smartphones. For Mayer, the cost would be low — a couple million dollars at most — and the benefits would warrant the expense. More →
A recent filing with the United States Securities and Exchange Commission reveals that newly appointed Yahoo (YHOO) CEO Marissa Mayer will potentially earn $100 million over the next five years. The sum is undoubtedly huge, but the tasks that lie ahead for Yahoo’s new chief are daunting at best. Now that Mayer has taken the reins, the world — or, perhaps more accurately, Yahoo employees and investors — waits with bated breath to see what sweeping changes might come under Mayer’s rule. The answer, for the time being, is none. “Please do not stop. You are doing important work. Please don’t stop,” Mayer told Yahoos in a memo obtained by All Things D. “If you have questions or concerns about whether to continue or not, please ask. However, with the exception of a few things that might heavily constrain us in the future, the answer is most likely: ‘Yes, keep moving.’ ” The rest of the memo is linked below, just beyond an interstitial ad. More →
Yahoo on Tuesday reported its second quarter earnings, beating Wall Street’s earnings expectations of $0.23 per share on $1.096 billion in revenue. The firm posted earnings of $0.27 per share on sales that narrowly missed analysts’ consensus at $1.08 billion. Yahoo’s search revenue came in at $461 million, down 1% year-over-year, while display revenue was up 2% year-over-year to $535 million. Yahoo’s earnings come one day after the company announced that former Google executive Marissa Mayer was its new CEO and president. “In the second quarter, non-GAAP earnings per share exceeded consensus and both display and search revenue ex-TAC showed modest growth,” said Tim Morse, chief financial officer. “We also moved aggressively with new strategic agreements with Alibaba and Facebook and announced several new partnerships including CNBC, Clear Channel and Spotify.” Yahoo’s press release follows below. More →