Sentences with phrase «struggling web company»
SAN FRANCISCO, Oct 1 - Yahoo Inc Chief Executive Marissa Mayer, three months into a nascent effort to revamp the struggling Web company, could be back in the office in one week, following the birth of her first child on Sunday.
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The company has long struggled to overcome two big challenges: the industrywide drop in display advertising that has traditionally been its primary revenue source and the distraction inherent in trying to excel at many different things, from news and fantasy sports to web searches and email.
As Yahoo's chief executive, Ms. Mayer acquired more than 20 companies, but ultimately struggled to turn around the web pioneer.
Perhaps predictably, there were no definitive conclusions, but there appeared to be agreement that as the World Wide Web celebrates its 25th anniversary, internet users of all stripes are struggling with a dilemma: If private internet companies are watching us, shouldn't someone be watching them?
But the Barry Diller - owned company's continued struggle with search, along with the still dismal online ad market in general, pushed the Media & Advertising unit, which includes Ask.com, Fun Web Products, Dictionary.com and Citysearch, down 10 percent to $ 168.6 million.
Verizon reportedly is close to a deal to buy the core Web assets of Yahoo for US$ 5 billion, which would end a months - long process of jockeying over the future of the struggling company.
Google has announced that it will gradually phase out support for Chrome web apps on Windows, Mac and Linux - a move that comes as the company struggles to find a new niche after the apps, which offered unique functions that the open web couldn't provide at the time the apps were conceived, have become mainstream.
EIG has hired international executive recruitment firm Heidrick & Struggles to help the web hosting company find its new CEO.