Scalper1 News
Yahoo (YHOO) CEO Marissa Mayer is under intensified pressure from major investor Starboard Value, which on Wednesday sent a second letter to the Web portal’s leadership urging the exit of Mayer and some directors and the spinoff of Yahoo’s core search business. Yahoo’s “declining revenues, increasing costs and plummeting profits” prove “that significant changes are desperately needed,” said the letter from Jeffrey Smith, Starboard Value CEO and Scalper1 News
Scalper1 News