Analysts are predicting more bad news for Yahoo on Tuesday as the company releases its latest results amid a now floundering takeover bid.
These recent comments by Yahoo CEO Marissa Mayer are the epitome of Silicon Valley arrogance, says Basecamp programmer Dan Kim.
The sale of Yahoo to Verizon for $4.83bn (£3.62bn) marks the end of a period of intense speculation and ferocious investor activism at the embattled web company. And for the past four years, CEO Marissa Mayer has borne the brunt of that protest, while attempting to turn around Yahoo’s fortunes.
In Mayer's case, Yahoo stock has gone up during her tenure. That wasn't necessarily true for past CEOs.
"I couldn't be prouder of the team that we have and what we've been able to achieve," she told CNBC's "Squawk on the Street."
The bad news keeps on coming for Yahoo.
Yahoo CEO Marissa Mayer made $36 million in 2015, including $544,061 for a security detail, according to SEC documents filed Friday.
What’s the price of failure? For Yahoo’s boss, Marissa Mayer, it could be about $137m. Bids are now in for the ailing tech company – and no matter who gets it, Mayer is set to be one of the biggest winners.
Yahoo announced falling revenues and a quarterly loss of $99.2m on Tuesday as the ailing internet business looks for a buyer.