Tag: yahoo!

AOL is back in the E-mail Game with Alto

By   |  Hot Off the Mill, Tech Fetish of the Day, Tech Oh! Mania  |  
aol

Most of us internet users may not have lived through the AOL era, back when it was considered one of the most ultimate things to ever happen on the internet. And then came along Yahoo!, Google, the cloud, and a host of other trends over the internet. But now, with its recently revamped e-mail service, Alto, AOL may finally be ready to hit back at its competitors with a real winner of a product. Designed to make the e-mail experience far more manageable, Alto does something that Gmail, Yahoo, and iCloud is unable to offer to its customers – a clean design that cleverly organizes your mails and separates the junk from the important stuff. The Alto HTML5 is essentially a web app, now in its beta phase and available only via invite, and it helps users organize their inboxes in an efficient manner, on the basis of importance of [+more]

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Marissa Mayer Hires Ken Goldman As The Company’s Chief Financial Officer

By   |  Company Corner  |  
kengoldman

Trying to keep its struggling business together, Yahoo! Inc made an announcement of appointing Ken Goldman as the company’s new Chief Financial Officer. Marissa Mayer hired Goldman to replace Tim Morse, who joined the firm in 2009. Morse will depart from the company later this fall. However, details or reasons regarding his departure remain undisclosed. Starting in effect October 22, Goldman will take over the responsibility for global finance functions including financial planning and analysis, controllership, tax, treasury, and investor relations. His appointment with Yahoo! marks the first time he has joined a publicly traded company since the 1990s. According to a statement by Goldman, he said, “Yahoo is an iconic brand with an incredibly strong business model and balance sheet.” Earlier, Goldman held the post of chief financial officer at Fortinet Inc, which deals in offering computer-network security. Before that, he was the senior vice president of finance and administration and [+more]

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It’s Android Smartphones or iPhone 5 for Marissa at Yahoo!

By   |  Hot Off the Mill, Tech Oh! Mania  |  
RIM-Blackberry

Marissa Mayer, CEO, Yahoo! and ‘the cool boss’ recently announced giving each and every employee in the US office a latest smartphone. The list of phones Mayer sent, offers her staff a choice of picking up either Android-powered phones or an iPhone 5 including Samsung Galaxy S III, HTC One X, HTC EVO 4G LTE, a Nokia Lumia 920 or Apple’s iPhone 5. What’s very clearly not in the list? Yes, a BlackBerry! Mayer, it seems did not want to include a BB in the firm’s list of corporate phones. However, there’s reasoning for her decision. Let’s see what the memo read. “A few weeks ago, we said that we would look into smartphone penetration rates globally and take those rates into account when deciding on corporate phones. Ideally, we’d like our employees to have devices similar to our users, so we can think and work as the majority of our users do.” It looks [+more]

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What a Cool Boss! Marissa Mayer Giving iPhone5 and Nokia Lumia 920 to All Yahoo! Employees

By   |  Company Corner  |  
marissa mayer

Showing how much creating a cool professional environment is important to her, Marissa Mayer, CEO, Yahoo!, along with free lunch and an office makeover has now announced giving each and every employee a choice of picking up either an iPhone 5, or Android smartphone including Samsung Galaxy S3, HTC One X, HTC EVO 4G LTE or Windows Phone 8- a Nokia Lumia 920. As a part of the ‘Yahoo! Smart Phones, Smart Fun!’ program, Mayer clearly is hitting at making Yahoo! the most enjoyable place to work. Don’t we all wish we were at Yahoo!. Making her staff happy and giving them a morale boost, Mayer initiated this program only for employees based in the US. Not only making these latest handsets up for grabs, Mayer also said that their bills would be footed by Yahoo!. With this plan, Mayer wants her employees to better focus on the company’s efforts on [+more]

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Entrepreneur Kathy Savitt Joins Yahoo! as CMO

By   |  Hot Off the Mill, Tech Oh! Mania  |  
kathy_savitt

Yahoo! CEO Marissa Mayer announced today that entrepreneur Kathy Savitt would join the firm as chief marketing officer, starting Sep. 14. Savitt will report to CEO Mayer and will be responsible for all marketing and branding worldwide. Savitt is a successful combination of operations and entrepreneurial, with experience of four years in Lockerz, where she was the founder and chief executive. Lockerz is a social-commerce company of 45 million users, with focus on teenagers. Savitt has always been successful in her carrer, she raised about $75 million in venture capital for Lockerz. Along with being CMO of Yahoo!, she will also stay the chairman of the board of Lockerz and will make a large financial investment. Before finding Lockerz, she was the CMO of clothing retailer American Eagle and a VP of strategic communications at Amazon. In the release, Mayer credited the new hire for her extensive experience in “building [+more]

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Investors Get Angry as Mayer Decides to Keep $4.2B in Dividends

By   |  Search Engine Express, Tech Oh! Mania  |  
Marissa-Mayer

Hardly a month after Marissa Mayer took place as CEO of Yahoo!, investors seem to have got annoyed. It seems like Mayer in not measuring up to investors’ expectations, at least for short-term goals. Following Mayer’s new financial strategy, Yahoo! shares continue to fall sharply as the company sees a downfall of 5.37 percent that is low as compared to what investors expected of dividends. Earlier in May, Yahoo! announced its plan to sell half of its 40 percent stake in the Chinese company Alibaba that accounts for $7.1 billion. However, investors believed that the proceeds from the sale of Yahoo!’s stake in Alibaba, which is around $4.2 billion would be returned to all shareholders in the form of dividends. This made all shareholders rejoice, but Mayer had some long-term plans. She dismissed the plan of issuing dividends and announced to develop long-term shareholder value. However, Yahoo! told the Securities and [+more]

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ShopRunner Appoints Yahoo Ex CEO Scott Thompson as CEO

By   |  Hot Off the Mill  |  
Yahoo_Shareholder_Battle_09224

Scott Thompson, who was recently fired from his post of CEO at Yahoo has got himself a new job at ShopRunner. Thompson will join ShopRunner as CEO, an online company that provides service of two-day shipping from a variety of Internet retailers. The news of Thompson’s appointment came on Monday, two months after he was shoved out of Yahoo. Yahoo took this decision on realizing that Thompson has misinformed them by filing wrong information on his bio-data. He had mentioned of a bachelor’s degree in computer science which he has never received. Yahoo then raised questions on Thompson’s integrity and took his job from him. However, ShopRunner has no issues about the Thompson lying in his bio-data at Yahoo. As a matter of fact the company see him as “the perfect long-term CEO.” In his new job, Thompson will be responsible for running a privately held company that is just [+more]

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Marissa Mayer Que’s Up for $100 Million Package

By   |  Hot Off the Mill, Tech Oh! Mania  |  
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  Marissa Mayer is now in news for the package that she will be drawing as the new CEO of Yahoo. It is believed that her new job has put her in line for a package of almost $100m. Getting on to her package details, Mayer’s will be getting an annual salary of $1m, can draw up to $2m in terms of annual bonus and last but not the least can hold almost $42m in stock and other awards. While all this is what she will be getting from Yahoo, we cannot forget compensation worth $14 m that she has just got from Google. Yahoo’s spokeswoman said that Mayer can easily make up to $ 20m a year (inclusive of stock grants), while working with Yahoo. At present, it is believed that Mayer’s net worth is of almost $300 million. Marissa Mayer left Google, (where she had worked for 13 [+more]

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Yahoo! Appoints Marissa Mayer as New CEO

By   |  Hot Off the Mill  |  
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Yahoo! surprised everyone by announcing the name of Marissa Mayer, as its new CEO; the lady who had been a part of Google for 13 years. Mayer was positioned as vice president of location services at Google before she left the job to join Yahoo!. Marissa Mayer confirmed resigning from Google and becoming a part of Yahoo! while speaking to Dealbook’s Aaron Ross Sorkin. She will take over interim Chief Executive Ross Levinsohn to become Yahoo!’s second female CEO. Ever since Carol Bartz was removed from his post as CEO of Yahoo!, the company has had four chief executives over a span of one year. Though, this time everyone expected Levinsohn to stay for long specially after he successfully launched Yahoo!’s mobile Axis browser and settled a high-profile patent lawsuit with Facebook in the short period of time that he had. On Mayer’s leaving Google, Larry Page, CEO of Google [+more]

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Yahoo! Confirms Hack Attack, Accounts Affected

By   |  Search Engine Express  |  
yahoo-hack-tool

Yahoo! confirmed that the speculations of the search and news portal being attacked by a hack were true. It also said that more than 450,000 accounts were affected by this attack but at the same time Yahoo tried to save itself an explanation by stating that hackers have got hold of a file that contained a list of users with older usernames and passwords. It also stated that they got hold of file from its contributor network, Yahoo Voices and Associated Content. What comes as a surprise to those who have already seen the list of hacked accounts is that the list not only had the e-mail addresses of Yahoo! account holders, but also a number of Gmail, Hotmail and other addresses as well. This means that it has become even easier for the hackers to make another attempt of hacking the other services, specially if someone uses the Yahoo [+more]

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