Marissa Mayer

Verizon makes Oath after completing Yahoo deal

Verizon has competed its US$4.5 billion acquisition of Yahoo’s core business and has combined it with AOL to create a new subsidiary called Oath. As a home to more than 50 media and technology brands, Oath’s portfolio includes HuffPost, Yahoo Sports,, Makers, Tumblr, Build Studios and Yahoo Finance. AOL CEO Tim Armstrong becomes CEO […]

Yahoo to cut 15% of staff, axe smart TV offering

Yahoo has announced plans to cut 15% of its workforce and has begun to explore “divesting non-strategic assets of value” – including its online games and smart TV products. Speaking on the company’s fourth quarter earnings call, Yahoo CEO Marissa Mayer said that the board and management are looking to “strategic alternatives” in a bid […]

Yahoo! to take on Netflix with fresh online content push

Yahoo! is reportedly planning to take on the likes of Netflix and Amazon by acquiring original, high-end, “TV-calibre” video content. According to a Wall Street Journal report, which cites people briefed on the plans, Yahoo! is close to ordering four web series – 10-episode, half hour comedies, with per-episode budgets ranging from US$700,000 to a […]

Yahoo! to pay US$1.1 billion for Tumblr

US web portal Yahoo! has agreed to buy blog platform Tumblr for US$1.1 billion (€855 million) , according to US reports.  All Things Digital reported Sunday night that the Yahoo! board had approved the all-cash deal, with an official announcement expected as early as today. The deal will mark Yahoo! CEO Marissa Mayer’s biggest deal […]

Yahoo reportedly in talks to buy Dailymotion

Yahoo is reportedly in talks to acquire a controlling stake in France Telecom-owned video site Dailymotion.  According to a Wall Street Journal report, which cited people familiar with the talks, Yahoo could buy up to 75% of the French site in what would be CEO Marissa Mayer’s first major deal since joining Yahoo from Google […]