Once the worlds biggest search engine, Yahoo has lost its way a little in recent years. Marissa Mayer, Yahoo’s fairly new CEO believes that one of the main challenges she faces is to arm Yahoo with a new purpose and vision.
Mayer wants Yahoo to focus on mobile, but she ruled out making major pivotal decisions that would turn the company into an altogether different direction. Mayer also ruled out making any acquisitions costing over $1 billion according to a recent Forbes article.
(Source)