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: Court won't restore Oracle's $1.3B verdict vs. SAP

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

Related Stories

Recommended for you

Chinese e-commerce rivals challenge Alibaba (Update)

22 hours ago

China's biggest property developer, Wanda Group, and Internet giants Baidu and Tencent unveiled a new e-commerce venture Friday in a challenge to industry leader Alibaba Group ahead of its U.S. stock offering.

Nigeria launches national identity card scheme

Aug 28, 2014

Nigeria's President Goodluck Jonathan on Thursday launched a national electronic identity card scheme, which backers said would boost access to financial and government services in Africa's most populous nation.

User comments : 0