This afternoon Yahoo announced their quarterly earnings as being just 4.2 percent down from what they'd posted a year ago as Marissa Mayer begins her first full day of work as the company's CEO. This appointment was made public earlier this week with today's earnings call looming. The company announced also that revenue declined slightly to $1.22 billion this quarter, though many expectations under-shot the possibilities for the company at the start of this month.
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‘yahoo’ Stories
Yahoo Q2 earnings fall before Mayer CEO appointment begins
Mayer brings Google’s “cool” to Yahoo
It's time for a change at Yahoo, and their appointing of former Google top brass Marissa Mayer makes it clear that they're ready to cut a few heads to re-invigorate the company as well. As Mayer can claim having a major part in quite a few of Google's big-name brands on the web over the past 10+ years, Yahoo is certainly interested in her making big decisions with their assets as well as with their not-so-healthy or otherwise bleeding projects. With a vast knowledge of not only how the company works, but a sense of what wont work on the web in the future as well.
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Yahoo’s Three Big Challenges
Yahoo’s new CEO, ex-Googler Marissa Mayer, faces no shortages of challenges turning the struggling behemoth around, but there are some key places that require some frantic surgery. With Yahoo‘s share price still slumping, Mayer’s first day on the job will be spent triaging the numerous weak points and figuring out how she can bring first stability and then a turnaround to the ravaged firm. But which exactly are those main areas that need attention?
Google’s Marissa Mayer named Yahoo CEO
Google’s employee No. 20 has been named the CEO of Yahoo after an extended stay (13 years!) at the former company. She made a name for herself as head of location and local services at Google most recently, this including Google Maps and the managing of over 1,000 product managers. She’s known for being responsible for the look and feel of the most famous Google web-based products still running strong, that being Google Images, Google News, Gmail in its newest iteration, and the white and completely unadorned homepage of Google for search.
Yahoo strengthens security in aftermath of password breach
It's been a harrowing few days for Yahoo. Earlier this week, the Yahoo Contributor Network became the victim of an SQL injection attack, with the hackers taking 450,000 email addresses and passwords with them when they left. Today, Yahoo says that it has put additional security measures in place in the aftermath of the attack, and gave us a better idea of who is at risk now that this information is out in the open.
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Billabong, NVIDIA, and Android Forums all affected by hacks
Yesterday Yahoo! suffered a major security breach as it saw over 400,000 passwords leak out. The group responsible for the hack claimed it was to expose the shoddy security methods employed by the company, and wasn’t intended as a malicious attack. It looks like Yahoo! wasn’t the only victim, as several other companies have had their databases exposed and pasted onto the internet due to similar security lapses.
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SlashGear Evening Wrap-Up: July 12, 2012
Happy Thursday, everyone. It's that time of day where we round up and wrap up all the stories in the world of tech from today. So let's get started; you knew this was coming - iPad Olympics apps set to cover from all angles. And in the world of gaming, we have this - Ultima IV getting resurrected as a free-to-play games. And also in the gaming industry, Nintendo's glasses-free system is doing alright - Nintendo 3DS hits 5 million sold in US.
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Yahoo security breach shows terrible password decisions
While it's true that Yahoo's recent security breach, in which a group of hackers used an SQL injection attack to walk off with 450,000 Yahoo Contributor Network passwords, could have been prevented with better security on Yahoo's part (the company stored the passwords in plain text), it's also forcing us to come to a rather shocking realization. Apparently, people are still making very dumb decisions when it comes to choosing a password. We should all know by now that the strongest passwords are ones that include a combination of upper and lowercase letters, numbers, and symbols, but is seems no one told that to a number of Yahoo users.
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Yahoo confirms 400k account hacks
Early this morning it was revealed by a group of hackers, and now confirmed by Yahoo, that they’d busted past Yahoo’s security forces and posted the passwords for 400,000 user accounts online. This posting was accompanied by a note that warned Yahoo and similar sites to re-think their security measures. Meanwhile Yahoo has stated that they are investigating the matter and that, of course, they encourage everyone in their network to change their passwords immediately and frequently thereafter to retain privacy for all of their accounts.
453,000 Yahoo! accounts reportedly hacked
Yahoo! has reportedly suffered a huge user account security breach, with login credentials for in excess of 453,000 users having been released into the wild. Details of which of Yahoo!'s services has been hacked have not been released, though TrustedSec speculates that it is Yahoo Voice based on some of the subdomains included with the leaked list of 453,492 accounts.
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Hulu CEO Jason Kilar not interested in being Yahoo CEO
The CEO of Hulu, Jason Kilar, was no doubt flattered when he found out that Yahoo was keen on having him take over the vacated CEO spot that opened up when its previous chief was ousted as having lied on his resume. But apparently Kilar has no interest in joining that shipwreck when he's currently the top dog at one of the most buzzworthy Internet companied today.
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Facebook partners with Yahoo in surprise exit from patent battle
Earlier today it was leaked that the end of the legal war between Facebook and Yahoo was at hand – this afternoon it’s been announced that Yahoo and Facebook will officially be tying the knot, so to speak, with portfolio cross-licensing, event cross-branding, and more. This update certainly takes the cake as far as businesses finding ways out of legal damages – and what better way to do it, after all, than with a good ol’ cup of tea and a dash of patent sharing?
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