Feeds

Yahoo! shares! at! 18! month! high!

Investors feel slightly better with an ex-Googler at the helm

Reducing security risks from open source software

Yahoo! shares have climbed to their highest level in a year and a half as investors start to believe once more that the web firm is capable of making money.

The stock closed at $18.36 yesterday, not a huge lift, but nevertheless the highest it has been pegged since May 2011.

Shareholders seem to think that new chief Marissa Mayer has a shot at turning the firm around, something previous entrants into the revolving door at the top of the firm haven't been able to do. Other CEOs have come and gone over the last few years without making any major headway, but Mayer's ex-Google credentials appear to have given her an edge - with investors at least.

Over the past few months, Mayer has been shuffling the top table at Yahoo!, getting rid of chief financial officer Tim Morse, who once sat in the chief's chair as an interim solution, and bagging another ex-Googler, Henrique de Castro, to run operations.

Yahoo! used to be a top internet firm and its website is still popular, but its revenues have fallen as competition from the likes of Google bites into its online advertising business, its main source of income.

Mayer has said that turning Yahoo! into a more smartphone-friendly firm is her top priority, a smart move given the ever-growing mobe market and the fact that the competition is wide open on mobile, making it anyone's race to win. ®

Mobile application security vulnerability report

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.