Shelly Palmer Radio Report – July 18, 2012

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Yahoo has named a new CEO, its fifth in as many years. Marissa Mayer, a former top executive at Google, has taken the reins at the struggling company, whose revenue has dropped steadily over the past three years. Much has been said about her gender and current pregnancy, but there’s really only one thing that matters:  how is she going to save Yahoo? Though it still has a high number of users and is the 4th visited site on the Internet, it has failed to innovate the same way that companies like Google or Facebook have, and remains without a distinct identity. Mayer was chosen for her background in engineering, user experience and product design and says she wants to focus on Yahoo’s strong franchises including, email, finance and sports. She says she also sees opportunity for big growth in its video broadband and mobile businesses.  Will she succeed where so many others have failed?

Author:

Shelly Palmer

Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).