This is the second time that the 40-year-old Mayer has given birth since Yahoo hired her as CEO in July 2012.
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She recently announced she was pregnant with twins and would be taking “limited time away and working throughout”.
Yahoo ” s Chairman Maynard Webb said Wednesday that the board had full confidence in chief executive Marissa Mayer, despite the company still struggling to build the value of its Internet operations…
Yahoo’s Chief Executive – gave birth to twin girls on December 10.
Just before Thanksgiving, Facebook’s CEO and founder Mark Zuckerberg and his wife Dr. Priscilla Chan also gave birth to a girl, who they named Maxima Chan Zuckerberg.
“I’m not sure anyone wants to see a situation where Yahoo pursues this and in 2018, the IRS writes to the company indicating Yahoo owes taxes on that transaction”, said Scott Kessler, deputy director of global equity research at S&P Capital IQ.
When asked if Yahoo would entertain an offer to buy its online operations, Webb told CNBC that Yahoo’s board would have a fiduciary duty to consider it. Despite that possibility, Mayer had been planning to complete the Alibaba spinoff by next month in a reflection of her belied the split would gain tax-free status.
There is no determination by the board to sell the company or any part of it. We believe the business remains very undervalued and we’re focused on realising that value.
“One of his sayings was my priorities are God, family and the Green Bay Packers, in that order”, she said. Whether it is about Yahoo’s highly valuable Alibaba stake or its “core business”, the twists and turns have come on a daily basis, which can make following the news pretty disorientating.
“There’s always a lot to do on both the homefront and the workfront”, Mayer said.
This is definitely a hectic time for Yahoo.
Yahoo would not disclose anything else about her pregnancy or her plans for maternity leave. Yahoo has roughly $6 billion in cash, but the core business is only being valued by the market at roughly $3 billion based on a perception that its advertising business has stalled.
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Yahoo says it will spin off its remaining stake in Alibaba in a move that wards off a potential shareholder rebellion.
