As the intensely focused 37-year-old engineer who helped create many of the digital tools that now seem second nature to us started her new job Tuesday morning as Yahoo’s CEO, Marissa Mayer may find that applying her type-A tactical skills at a hobbled Internet icon will be anything but a cakewalk.
Just when the world had started to digest the news that Google superstar Marissa Mayer was taking over as CEO at ailing Web pioneer Yahoo, Mayer told an interviewer that she’s pregnant with her first child.
On its new CEO’s first day on the job, Yahoo posted quarterly earnings that lagged Wall Street’s expectations by one measure but surpassed them by another.
Bay Area rents are hitting their highest levels ever, according to a report Wednesday, and they’re being pushed up by demand from an improving jobs market and the lingering hangover from the housing recession.
The Bay Area ranks behind only metropolitan New York in recruiting high-skilled workers from abroad, but it’s not just Silicon Valley tech giants on the hunt for foreign labor, according to a new report.
Santa Clara chip giant Intel on Tuesday reported quarterly sales in line with analysts’ expectations and its earnings per share were slightly better than anticipated, but the company warned that the soured economy is hampering its business.
EMC replaced the respected CEO of Palo Alto software company VMware on Tuesday in a shuffling of executives between the parent company and its subsidiary.
Brian Wong has been called the youngest person ever to land venture capital backing. Now he’s back at it. Wong is co-founder and CEO of Kiip, a San Francisco startup that lets mobile-gaming companies reward users with real-world prizes and perks. On Tuesday, Kiip announced its third round of venture funding — $11 million from Relay Ventures, Hummer Winblad and True Ventures.
San Francisco-based Charles Schwab earned $275 million on revenues of $1.28 billion for its second quarter that ended June 30, although Schwab’s profits were bolstered by the resolution of a previously disclosed dispute with a vendor.
The cost of living is rising in the Bay Area, a report released Tuesday by federal officials shows. Consumer prices in the San Jose-Oakland-San Francisco metro region rose 2.6 percent during the one year that ended in June, the U.S. Bureau of Labor Statistics reported.
Pleasanton-based Patelco Credit Union has launched an “Anywhere Deposit” service that enables customers to capture their deposits by camera on their mobile devices.
