Yahoo has partnered with Oracle to be the default search engine for Java, and has also signed a deal to keep Katie Couric on as its star news anchor, CEO Marissa Mayer announced at the company’s annual shareholder meeting Wednesday.
Investors during the meeting voted to re-elect all of Yahoo’s board members, avoiding for at least another year the revolt that had been threatened before the company earlier this year said it would spin back to shareholders its huge assets in Chinese e-commerce company Alibaba. Investors also on Wednesday rejected two proposals by individual shareholders, one of which would have forced to company to set up a human rights committee.
Mayer gave shareholders an update on Yahoo products and the company’s direction durign the meeting and in a letter submitted to shareholders before the meeting.
“We think the best years for the company are still ahead of us,” Mayer said.
Above: Screenshot of Yahoo CEO Marissa Mayer speaking at Wednesday’s annual Yahoo shareholder meeting.
