marissa-mayer

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(Reuters) – Yahoo Inc reported quarterly revenue and profit below analyst estimates on Tuesday in the latest setback for Marissa Mayer's efforts to turn around the company. Yahoo, whose shares were down slightly in extended trading, also said it had signed a search advertisement deal with Google Inc, a unit of Alphabet Inc . Google will pay Yahoo a percentage of revenue from ads displayed on Yahoo sites and get fees for requests for image or Web search results.

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By Nadia Damouni and Jennifer Saba NEW YORK (Reuters) – At least two top-10 Yahoo Inc shareholders are so unhappy with Chief Executive Marissa Mayer's turnaround efforts that they are making a direct plea to AOL Inc CEO Tim Armstrong to explore a merger and run the combined company. Their move follows an activist campaign by hedge fund Starboard Value LP, which is pushing Yahoo to consider a deal with AOL and unlock Yahoo's valuable stakes in Asian Web companies. …