The former Google executive who took the reins at Yahoo in the
summer of 2012, has moved aggressively to revamp the struggling
Internet company's business with product makeovers, acquisitions and
a renewed focus on its media offerings.
Yahoo's services attracted more than 400 million monthly mobile
users for the first time last fall, Mayer said, surpassing the 390
million mobile users it announced in October.
Speaking in a keynote at the annual technology industry gathering in
Las Vegas on Tuesday, Mayer announced Yahoo's acquisition of Aviate,
a company which makes a smartphone app that automatically brings up
relevant information or other apps to suit a user's activity.
"Imagine if your phone can deliver the right experience to you at
the right time instead of you having to search for it," Mayer said.
"What if your phone suggested music and map apps when you got in
your car or fitness apps when you got into the gym?"
The technology, which Mayer said will be rolled out under the Yahoo
banner this year, appears similar to Google Now, which the search
giant introduced in 2012.
While Yahoo's revenue growth has yet to pick up under Mayer's
leadership, the 38-year-old CEO has brought pizzazz back to an
Internet brand considered by many to be past its prime.
an hour before she appeared onstage, a long queue for Mayer snaked
through several continuous hallways into a nearby showfloor at the
Las Vegas Hilton, where Mayer and other keynote speakers were slated
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During her talk, Mayer was joined onstage by celebrity news anchor
Katie Couric, a recent Yahoo hire who will provide original video
programs on the website.
Yahoo also unveiled new "digital magazines" focused on technology
and on food on Tuesday, as well as a mobile app that provides short,
summarized versions of the day's news. Yahoo also said it was
rolling out improvements to its advertising business, to make it
easier for marketers to buy ads and to target different portions of
Shares of Yahoo, which have gained more than 160 percent since Mayer
took over in 2012, were up 19 cents at $41.11 in extended trading on
(Reporting by Alexei Oreskovic; editing by Richard Chang)
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