Yahoo’s Marissa Mayer predicted to talk acquisitions and building products ahead of Q3 results
With Yahoo announcing its Q3 results on 21 October, it has been predicted that chief executive Marissa Mayer will outline cost-cutting efforts and give details about possible acquisitions.
Sources told the Wall Street Journal (WSJ) that Yahoo is considering acquiring one or more large technology start-ups, using the $5.8bn (£3.6bn) gained during the IPO of Alibaba.
The WSJ has suggested that an acquisition in the field of content or advertising technology could help boost flailing revenue at the company.
The source added that Yahoo will make fewer acquisitions of smaller start-ups – with Mayer having bought over three dozen of Read full story ›
Source: The Drum
