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: Amazon's answer to tricky gadgets: Installation services

Related Stories

Recommended for you

GoDaddy races higher in Wall Street debut

2 hours ago

GoDaddy shares surged in their Wall Street debut Wednesday, as the market welcomed the company that tries to make Internet domain management and website hosting sexy.

Dailymotion should stay in European hands, France says

7 hours ago

France opposes exclusive talks between Orange and Hong Kong's PCCW group for a 49 percent stake in Dailymotion, preferring a European partner for the French video-sharing platform, the finance ministry indicated ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.