Yahoo's Q3 Results In 12 Key Takeaways

 
 
By Michelle Maisto  |  Posted 2013-10-17 Print this article Print
 
 
 
 
 
 
 

From Marissa Mayer's stance on hiring to the expected windfall from Alibaba's IPO, we offer Yahoo's third quarter livestream in 12 easy pieces.

10. Yahoo Continues to Hire, and People Want to Work at Yahoo

During one particularly crazy week in the third quarter, Yahoo received 17,000 resumes.

The company now has 12,000 employees and no qualms about adding to its ranks. "If we find a great person, we hire them," Mayer said.

Among the hires Yahoo made during the quarter were Ned Brody, now a senior vice president and head of the Americas; Dawn Airey, a senior vice president and head of EMEA; and Megan Liberman, a New York Times journalist who's now editor-in-chief of Yahoo News.

11. Yahoo Is Counting on Search in 2014

"Clearly, what’s driving our mobile business today is Search. ... Search in mobile is a very large opportunity and that is one of the things we will be counting on to really have the mobile-first kind of company [we want in 2014]," Goldman said.

"I should add that we’re endeavoring to gain share," Mayer followed up, saying again that Yahoo conducted 100 experiments in Search over the quarter.

"We’re all along providing new functionality, differentiating functionality. And so we’ve been, for example, introducing into our Search results what we call direct display units that actually bring the answer and the content right to the user upfront. So, we’re excited about these because they differentiate us broadly in the Search market, and we will continue to innovate in Search and differentiate ourselves in Search."

12. Mayer, If Anyone Needs Reminding, Intends to Win

"We will continue to sprint toward the growth and success that our teams are passionately working toward," she said. "We are in this to win and to win big."

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