Flickr Old

Looks like Yahoo isn’t done yet after the $1.1 billion acquisition of Tumblr. The tech giant has finally made an attempt to make its once popular photo-sharing service Flickr alive again, with the hopes to reboot the service not only in a beautiful manner, but bigger and better than anything else. Yahoo CEO Marissa Mayer [...]

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The acquisition is now official. Yahoo! in an official statement announced the acquisition of popular blogging platform Tumblr for approximately $1.1 billion, all in cash. In comparison, it’s just a little more than what Facebook paid for Instagram last summer.

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Sitebuilder comes with Java 6 update 7, which came out back in the summer of 2008. That version of java is severely flawed and outdated.

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Yahoo has acquired Stamped, a new mobile recommendations app, which lets users save and share their favorite books, movies, music and restaurants etc with their friends.

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Yahoo just posted its earnings for the third quarter of 2012, with $1.217 billion in quarterly revenue and an operating profit of around $152 million.

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Alibaba announced that it had completed the repurchase of its shares from Yahoo In a transaction worth approximately $7.6 billion.

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Microsoft has announced rebranding of adCenter to Bing Ads and the launch of Yahoo! Bing Network, formerly known as Search Alliance.

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Alibaba, the Chinese e-commerce giant, is raising close to $8 billion, in order to buy back nearly 20% of its stake from Yahoo for $7.1 billion.

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Scott Thompson, the ex-CEO of Yahoo!, has been appointed the CEO of ShopRunner, a service which offers free shipping and returns across a network of retailers.

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CEO of Yahoo - Marissa Mayer

Marissa Mayer will earn $1 million a year being the new CEO of Yahoo. However, it is just a small unit of the entire composite of what she could earn in five years, an amount that approaches a staggering $60 million.

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Yahoo announced its earnings for Q2 2012, with gross revenue of $1.2 billion and an operating profit of $55 million. It’s in a pretty bad shape.

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Today, the whole of Internet is hoping for great changes from the new CEO, Marissa Mayer. A community created a dedicated websites called – dearmarissamayer.com – with featuring a simple, yet needed message on the site – “Dear Marissa Mayer, please make Flickr awesome again ♥ the internet #dearmarissamayer”

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Shock. Stunned. Amazed. Surprise. This is how users on the Web have been reacting to the news of Marissa Mayer being appointed as the new CEO of Yahoo. With Yahoo’s huge drawbacks and poor history, will she be successful enough to rightfully make Yahoo reputable again?

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Marissa Mayer Self Proclaims Pregnant

A day after Marissa Mayer was appointed CEO at Yahoo, she decides to go public about happenings in her personal life revealing she will give birth to a baby boy in October later this year.

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Marissa Mayer, the first female person and the 20th employee to be hired by Google in 1999, parted ways with Google, deciding to take up a new and challenging task by stepping in as the Chief Executive Officer of the troubled company, Yahoo. This is Yahoo’s third CEO in less than a year, and the fifth in the last four years.

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