SAN FRANCISCO/NEW YORK (Reuters) – Yahoo Inc picked Google Inc’s Marissa Mayer to become its new CEO, turning to an engineer with established Silicon Valley credentials to turn around the struggling former Internet powerhouse.

Mayer, 37, edged out front-runner and acting Chief Executive Ross Levinsohn to become Yahoo’s third CEO in a year. She hopes to stem losses to Google and Facebook Inc – which her high-profile predecessors failed to do.

SAN FRANCISCO (Reuters) – Yahoo Inc’s (YHOO.O: Quote, Profile, Research, Stock Buzz) new chief executive, Marissa Mayer, and Ross Levinsohn, the executive whom she replaced, both sat out the company’s second quarter earnings call Tuesday.

The once iconic Internet company caught analysts, investors and industry watchers by surprise Monday when it announced that it had poached Mayer from Google Inc (GOOG.O: Quote, Profile, Research, Stock Buzz) to be its next CEO. Many had assumed that after a stellar run as interim-CEO that Levinsohn would be named to the position on a permanent basis simultaneous with its earnings announcement.

SAN FRANCISCO, July 17 (Reuters) – Yahoo Inc’s new
chief executive, Marissa Mayer, and Ross Levinsohn, the
executive whom she replaced, both sat out the company’s second
quarter earnings call Tuesday.

The once iconic Internet company caught analysts, investors
and industry watchers by surprise Monday when it announced that
it had poached Mayer from Google Inc to be its next
CEO. Many had assumed that after a stellar run as interim-CEO
that Levinsohn would be named to the position on a permanent
basis simultaneous with its earnings announcement.

SAN FRANCISCO (Reuters) – Yahoo Inc, looking to revive its fortunes with Monday’s hiring of a new chief executive from Google Inc, reported flat net revenue and a slight decline in profit during the second quarter.

Yahoo reported earnings on the first day of work for new CEO Marissa Mayer, a longtime Google executive who is Yahoo’s third chief in twelve months. Mayer is not expected to participate in Tuesday’s post-earnings release conference call.

SAN FRANCISCO (Reuters) – Yahoo Inc (YHOO.O: Quote, Profile, Research, Stock Buzz), looking to revive its fortunes with Monday’s hiring of a new chief executive from Google Inc (GOOG.O: Quote, Profile, Research, Stock Buzz), reported flat net revenue and a slight decline in profit during the second quarter.

Yahoo reported earnings on the first day of work for new CEO Marissa Mayer, a longtime Google executive who is Yahoo’s third chief in twelve months. Mayer is not expected to participate in Tuesday’s post-earnings release conference call.

SAN FRANCISCO, July 17 (Reuters) – Yahoo Inc,
looking to revive its fortunes with Monday’s hiring of a new
chief executive from Google Inc, reported flat net
revenue and a slight decline in profit during the second
quarter.

Yahoo reported earnings on the first day of work for new CEO
Marissa Mayer, a longtime Google executive who is Yahoo’s third
chief in twelve months. Mayer is not expected to participate in
Tuesday’s post-earnings release conference call.

SAN FRANCISCO/NEW YORK (Reuters) – Yahoo Inc picked Google Inc’s Marissa Mayer to become its new CEO, turning to an engineer with established Silicon Valley credentials to turn around the struggling former Internet powerhouse.

Mayer, who edged out front-runner and acting Chief Executive Ross Levinsohn, starts Tuesday as Yahoo’s third CEO in a year. She hopes to stem losses to Google and Facebook Inc – which her high-profile predecessors failed to do.

SAN FRANCISCO (Reuters) – Google Inc’s Marissa Mayer will become Yahoo Inc’s new chief executive, a surprise pick for its third CEO in a year.

Mayer’s hiring, edging out front-runner and acting CEO Ross Levinsohn, helped push its shares up 2 percent to $15.97 in after-hours trading.

SAN FRANCISCO (Reuters) – Wall Street has a long-running love affair with Google the search engine. But will it feel the same way about Google the hardware maker?

Google on Thursday will report quarterly results for the first time since closing its $12.5 billion acquisition of smartphone maker Motorola in May.

SAN FRANCISCO, July 13 (Reuters) – Google Inc’s
“Nexus 7″ tablet is off to an encouraging start, with major
retailers running out of the gadgets as the Internet company’s
first entry in an increasingly crowded market showed up in U.S.
stores on Friday.

GameStop said on Friday it had already run through
its first two allocations of the tablet, co-developed by Google
and Taiwan’s Asustek that starts at $199 and has drawn
glowing reviews from major gadget reviewers.