Yahoo CEO to announce 'something special' in NYC

May 18, 2013

(AP)—Yahoo CEO Marissa Mayer is promising to unveil "something special" Monday in New York as she tries to attract more traffic and advertising to the Internet company.

The Sunnyvale, Calif., company gave no further details Friday other than that Mayer will be discussing a product. Reporters are being invited to attend the 5 p.m. event at a lounge located in New York's Times Square.

Mayer has been emphasizing the need for better and more video since she became Yahoo's CEO 10 months ago after helping to build into the Internet's most powerful company during a 13-year career working there.

Yahoo Inc. has won over investors under Mayer, even though the company's revenue is still barely growing. Yahoo's stock price has risen 69 percent under Mayer's leadership.

Explore further: Yahoo's Marissa Mayer extends maternity, paternity leave

not rated yet
add to favorites email to friend print save as pdf

Related Stories

Recommended for you

Amazon Prime wins streaming deal with HBO

7 hours ago

Amazon scored a deal Wednesday to distribute old shows from premium cable TV channel HBO to its monthly Prime subscribers, landing a blow on rival Netflix in the streaming video battle.

LinkedIn to anchor new San Francisco high-rise

17 hours ago

San Francisco Mayor Ed Lee says the professional networking site LinkedIn will expand its presence in the city by anchoring a high-rise office building under construction.

User comments : 0

More news stories

US urged to drop India WTO case on solar

Environmentalists Wednesday urged the United States to drop plans to haul India to the WTO to open its solar market, saying the action would hurt the fight against climate change.